Pictet Asset Management has expanded its $10bn (£8.2bn) actively managed total return range with the launch of a long/short fund investing in global emerging market bonds.
The benchmark-agnostic Pictet TR-Sirius fund invests in sovereign bonds, interest rates and currencies, with the aim of generating alpha in all market conditions while minimising directional bias to beta...
December 'remains achievable'
Able to monetise its assets
Formal agreement set to be announced soon
Cash holdings continue to grow