Pictet’s Latest UCITS Hedge Fund Targets China

Sep 23 2010 | 1:28pm ET

Pictet & Cie has launched a UCITS III-compliant China-focused hedge fund.

The Swiss private bank unveiled its Pictet Total Return Mandarin Fund yesterday. The new Greater China stock fund is based on an existing Pictet fund and is headed by fund manager Lan Wang Simond.

“The underlying fund has a very successful track record, and there was a lot of demand from institutional clients, but many could not invest in offshore funds, so we have now launched it as a UCITS,” Simond told Reuters.

The fund is currently betting that the worst for the Chinese economy is over. In particular, Simond likes companies involved in the growing internal consumer markets in mainland China.


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain Capital: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of