Pictet AM launches emerging markets multi asset fund

Raised over $50m in pre-launch

Pictet Asset Management has expanded its multi-asset range with the launch of an emerging markets fund.

The Pictet Emerging Markets Multi Asset fund will offer investors access to equities, sovereign bonds, credit, commodities, real estate, money markets and currencies across emerging markets. Investors flock to emerging markets to benefit from post-coronavirus recovery Managed by Shaniel Ramjee and Marco Piersimoni, the fund is available for an ongoing charges figure of 1.07%, including a management fee of 0.65%. The fund, which raised over $50m in a pre-launch marketing campaign, has been launched as the firm believes "emerging markets offer the best long-term returns globally", in...