Pictet WM’s hiring spree; Deutsche’s rejoiner; Jupiter appoints new CIO; Allfunds appoints Hong Kong operations head; Manulife IM boosts Asia fixed income team; Leo Wealth signs up investment director; Maitri AM expands investment advisory business.
Tag: Pictet Wealth Management
The FSA Spy market buzz – 13 November 2020
Odey hires; Pictet Wealth adds; HSBC promotes; DBS pinches; ChiNext rejects; Matthews is optimistic; Deutsche Bank Research’s tax; Market AUM; Uber and Lyft; and much more.
Pictet WM recommends endowment-style portfolios
Declining future sovereign bond returns mean that investors should raise allocations to alternative asset classes, according to Pictet Wealth Management (WM).
Pictet Wealth downplays US comments on Hong Kong
The wealth manager also believes that China’s imposition of a national security law will not degrade Hong Kong’s role as a regional financial hub.
China’s Noah joins responsible investing network
NYSE-listed wealth manager Noah and its asset management arm, Gopher, have joined the UN Principles for Responsible Investing (PRI) initiative.
Pictet WM warns on pandemic themes
Not all companies in the healthcare and IT space are benefitting from the coronavirus outbreak.
Pictet Wealth has hopes for Asia ESG offering
Separately, the firm has been investing more in China A-shares via a third-party fund.
Pictet WM shakes up Asia senior management
Tee Fong-Seng has been poached from EFG to take over as CEO of PWM in Asia, as the Geneva-based firm also lures 19 bankers from rival CS.
Foggy view keeps Pictet WM overweight cash
The wealth manager also gives a sneak peek of what is inside its “Asia Leaders” discretionary mandate.
Pictet WM eyes Indonesia, China clients
The firm also claims that its pure discretionary business in Asia is higher than the average in the region, according to Claude Haberer, equity partner and CEO for Asia-Pacific.
