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

Still open to existing and institutional investors

clock
The fund has been closed to "protect the alpha for existing investors"
Image:

The fund has been closed to "protect the alpha for existing investors"

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...

To continue reading this article...

Join Investment week

  • 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

Felix Odey, Portfolio Manager, Schroders
ESG

Partner Content: Sustainable investing - The opportunities in adapting Food and Water systems

Food and water systems need to adapt to grow and become more sustainable, and investors can harness this untapped potential

clock 27 May 2022 • 1 min read
Mike Riddell is head of macro and unconstrained fixed income at Allianz Global Investors.

Why AllianzGI's Riddell is more bullish on government bonds than ever

Anticipates a significant bond rally

clock 26 May 2022 • 2 min read
Krane lists electric vehicle ETF on London Stock Exchange
ESG

KraneShares lists electric vehicle ETF on London Stock Exchange

Tracks Bloomberg index

clock 26 May 2022 • 1 min read
Trustpilot