Pictet AM soft closes Global Environmental Opps as assets swell to €7.5bn

Still open to existing and institutional investors

clock • 2 min read

Pictet Asset Management has soft closed its Global Environmental Opportunities fund to new retail and wholesale investors after the vehicle saw inflows of more than €4bn in 2020.

The €7.5bn AUM fund's soft close, which excludes existing investors and allows for further institutional flows, has been implemented to "protect the alpha for existing investors", Pictet said. Sustainable investment leaders interview: Pictet's Borremans on why balance in ESG reporting is needed to 'show the fuller picture' Launched in 2010, Pictet Global Environmental Opportunities is co-managed by Gabriel Micheli, Luciano Diana and Yi Du. The fund's assets have grown substantially in the past year, ballooning from around €2.2bn at the bottom of the coronavirus-related sell-off of ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

Passive asset managers pick up steam in fund selector rankings

Passive asset managers pick up steam in fund selector rankings

Broadridge Fund Brand 50 Report

clock 26 March 2024 • 2 min read
Robeco expands emerging markets equity range with ex-China strategy

Robeco expands emerging markets equity range with ex-China strategy

More ‘balanced’ exposure to EM

Valeria Martinez
clock 26 March 2024 • 2 min read
Morningstar downgrades Fundsmith Equity due to 'wrongly timed' exits

Morningstar downgrades Fundsmith Equity due to 'wrongly timed' exits

Adobe, Amazon, Estee Lauder and PayPal

clock 25 March 2024 • 1 min read
Trustpilot