MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, November 7, 2019 A $192B-AUM Shop Prepares to Cross the Pond A multinational European asset manager is about to make a bigger push on this side of the pond.
Pictet AM is one of three arms (the others are wealth management and asset servicing) of the Pictet Group, a private bank that was founded in 1805 and is still privately held as a partnership. Pictet AM includes more than 970 people (out of about 4,300 in all of Pictet), and the asset manager had more than $192 billion in AUM as of September 30. Pictet has been investing in the U.S. since 1900, Ramsey said, and the Pictet AM team has been working with U.S. clients for 30 years, covering them with teams in Montreal and London. Much of the asset manager's U.S. work is institutional, and they subadvise several mutual funds. Today the Pictet AM team is hosting a client conference in New York for the first time. The conference, like the cocktail party last night, features guest speaker Niall Ferguson, a historian and Pictet ally who is the managing director of Greenmantle. Dillon, an alumna of the State University of New York's College at Brockport, has worked with Pictet AM for more than 17 years. Prior to that she worked with J.P. Morgan and Merrill Lynch. Printed from: MFWire.com/story.asp?s=60480 Copyright 2019, InvestmentWires, Inc. All Rights Reserved |
