Pictet Funds Launches Retail Operation in Hong Kong

Nick Parmee

29 February 2008

Pictet Funds, the wholly-owned fund distribution company of the Swiss private bankers Pictet & Cie, is launching a retail operation in Hong Kong. Fifteen of its funds are now available to retail investors in Hong Kong. These include six theme funds which focus on strong and long term universal socio-economic drivers, such as climate change, evolving demographics and “global threats”. Pictet Funds was previously available in Hong Kong only to professional investors and through private banks. The funds will initially be available to retail investors through retail financial institutions including ABN Amro, Bank of China, Chiyu Banking Corporation, Dah Sing Bank, MEVAS Bank, Nanyang Commercial Bank and Standard Chartered Bank. Amy Cho, regional head of Pictet Funds, said: “Pictet Funds is a leading fund provider in all the markets in which it operates, including London, Frankfurt, Tokyo and Geneva. We aim to replicate such success here in Hong Kong by working with a select number of distributors to bring the same passion and innovation to discerning investors.”