The Luxembourg-domiciled Pictet-Global Flexible Allocation Fund aims to maximise returns by using an unconstrained, multi-asset approach to seek out the best opportunities globally.
The portfolio, which is Ucits-compliant, is managed by three members of the Geneva-based Pictet Asset Management Strategy unit: Olivier Ginguené, the head of asset allocation and quantitative investments; Eric Rosset, the head of the balanced team; and Steve Donzé, a macroeconomist who specialises in global macro and tactical asset allocation.
According to Pictet, the team aims to manage the trade-off between risk and return, while seeking to provide downside protection in falling markets.
“Global markets are driven by macroeconomic conditions and events," said Ginguené."We believe that a strategy with freedom to invest globally without constraint in all asset classes can deliver a better risk reward profile than more constrained strategies."
The fund is registered for sale in Austria, Belgium, Finland, France, Germany, Italy, the UK, Liechtenstein, the Netherlands, Portugal, Singapore, Spain and Sweden. Pictet Asset Management manages some €6.2bn ($8.2bn) in balanced and multi-asset portfolios.