Pictet Funds' Agriculture vehicle will launch with a heavy bias towards mid-cap stocks in farming com...
Pictet Funds' Agriculture vehicle will launch with a heavy bias towards mid-cap stocks in farming companies, above those supplying the industry, according to its manager. The Sicav, which aims to invest in sustainable agriculture equities, launches on 29 May with a UK distributor status and a sterling share class. The long-only fund will hold between 45 and 75 stocks at launch, drawn from a universe of around 280 companies, vetted for their financial and environmental suitability. Manager Gertjan van der Geer says he will not comment on specifics of the at-launch portfolio, saying ...
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