The Geneva-based wealth manager is raising exposure to emerging markets and expects the dollar will weaken as US interest rates stay on hold.
Tag: Pictet Wealth Management
Pictet Wealth defends hedge funds
The firm is also overweight cash and it believes most fixed income assets do not have attractive returns.
Pictet WM: Asia’s industry leaders the better bet
Rising interest rates and global trade tensions are more likely to hit multinationals in Asia than the region’s home-grown leaders, who have become strong rivals, argues David Gaud, chief investment officer for Asia at Pictet Wealth Management.
Are Asia’s wealthy inching into DPM?
Private bank and wealth management clients in Asia are slowly putting more money in discretionary mandates, but they still account for a small portion of assets under management, according to Pictet WM and Deutsche Wealth.
Bull and Bear: Chinese banks
Two CIOs, Pictet WM’s David Gaud and Matthews Asia’s Robert Horrocks, share their contrasting views on China’s banks.
Pictet: Watch the risk in Europe high yield
Following strong performance in 2017, European high yield bonds will be less attractive in 2018 due to high valuation and liquidity risk, argues David Gaud, CIO of Pictet Wealth Management.
Pictet WM: Look again at China’s banking sector
David Gaud, chief investment officer at Pictet Wealth Management in Asia, said skeptical investors should reconsider Chinese banks because of an acceleration in good credit and better fundamentals.
Asia’s long road to DPM
Wealth managers in Asia often find that even as their clients seek advice, they don’t really want to give up control of their portfolio, said Richard Mak, head of advisory services at Pictet Wealth Management Asia.
Pictet taps GS for Singapore CEO
Pictet Group’s private banking unit in Singapore has appointed an ex-Goldman Sachs managing director as its new CEO.
Pictet WM: What needs to happen for a lasting market rally
Investor fear is out of whack with actual economic fundamentals and a sustainable rebound won’t happen until one of three broad shifts occurs, argues Christophe Donay, head of asset allocation and macro research at Pictet Wealth Management.
