The Ucits-compliant PTR-Banyan fund was launched on 2 November in Luxembourg and Geneva and received UK registration on 22 November.
Its lead manager by Nidhi Mahurkar whose team includes Anthony Cheung and Olivier Dolieres and mirrors a strategy she has run at Pictet since 2002 and developed over more than 15 years.
The team follows a bottom-up investment approach and employs a variable bias in times of market stress with the aim of offering down side protection.
Pictet said that despite the attention the Asian region has attracted from investors in recent years, emerging Asian markets remain under-penetrated, under-researched and often lack transparency.
Both Mahurkar and Cheung were born and educated in Asia and have long-established networks across the region.
Mahurkar said: "While the West is experiencing a multi-year deleveraging the East promises strong economic growth and rising domestic consumption for years ahead.
"We aim to capture this growth and protect investors during the periodic sharp reversals that can occur in these markets."
Banyan is the fourth Pictet total return fund to be launched, after PTR-Corto (European long/short), PTR-Mandarin (China long/short) and PTR-Kosmos (Global credit long/short).
