Pictet Asset Management (Pictet AM) is an independent asset manager, overseeing over EUR 192 billion for our clients across a range of equity, fixed income, alternative and multi asset products.

We have over 1,000 employees, of which over a third are investment professionals. Our people are located in 18 offices across the world, including 7 investment centres, close to the markets in which we invest and the clients we serve.

We provide specialist investment services through segregated accounts and investment funds to some of the world’s largest pension funds, financial institutions, sovereign wealth funds, intermediaries and their clients.

Our business is investment led and centred around a long-term perspective with a dedication to client service. Our mission is to build responsible partnerships with our clients by exceeding their expectations for investment performance and service. This means giving them our undivided attention, offering pioneering strategies and being committed to excellence.

At Pictet AM, our ambition is to attract and retain highly talented individuals from a wide variety of backgrounds, and help them to realise their personal and professional goals. We aim to build an entrepreneurial and collegiate atmosphere, allowing ideas to mature, experience to accumulate and our people to reach their full potential.

We believe in active management with a strong focus on valuation across equity, credit, sovereign debt and currencies.

We embrace a variety of investment styles, allowing our teams to implement the best approach for their respective asset classes. Our investment managers operate independently to encourage innovation and accountability, while consistent implementation of their investment philosophy and process is regularly monitored.

We are convinced that Environmental, Social and Governance (ESG) considerations can help us make better long-term investment decisions for our clients.

For decades, sustainability has been central to our way of thinking. Since the Pictet group was founded in 1805, we have aimed to ensure the prosperity of our clients over the long term. In doing so, we have instinctively considered the interests of future generations.

We believe in responsible economics and take an enlarged view of the economy and its interactions with civil society and the natural environment. Consistent with our fiduciary duty to act in the best interests of our clients and our adherence to the UN Principles for Responsible Investment (UN PRI), we are committed to integrating material ESG criteria in our investment processes and ownership practices with a view to enhance returns and/or mitigate risks.

Over 80% of our managed assets are ESG integrated[1] including Environmental and/or Social impact strategies as well as Best-in-Class strategies.We also aim to embed ESG in our risk management and reporting tools in order to maintain high standards of transparency and accountability.

The Pictet group is a partnership of seven owner-managers responsible for the entire activity of the Group. With the eighth generation of the Pictet family still active in the partnership, our structure ensures that we remain committed to maintaining the financial strength and solidity of the Group. Laurent Ramsey and Sébastien Eisinger are Co-Chief Executive Officers of the asset management business line of the group.

[1] Long only strategies exclude multi-asset and long/short strategies.

*Appendix 1 and 4 available in full report