Wed, Oct 22, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Pictet launches absolute return bond fund, reports positive hedge fund returns for 2013

Friday, January 24, 2014

Benedicte Gravrand, Opalesque Geneva:

Pictet Group, a Swiss private bank and wealth and asset manager headquarted in Geneva, is in full swing. Its asset management branch recently expanded its fixed income team and launched an absolute return fund. Its legal structure was changed. And its alternative fund management branch has just reported positive returns for 2013.

Launch of absolute return fixed income fund Pictet Asset Management, the asset management branch of the group, launched the Pictet Absolute Return Fixed Income fund on 12th December 2013. It is run by Andres Sanchez Balcazar, with the help of three other managers.

Sanchez Balcazar, who has managed fixed income portfolios for 15 years, told Boursier.com, that after 30 years of constant interest rate decrease, investors today need a flexible approach to investing in fixed income.

The portfolio will invest in developed and emerging markets, in all fixed income pockets, without the constraints of benchmarks. It will seek to take advantage of opportunities offered by interest rates, margins on yields and currencies – and protect itself from rising rates. The head fund manager added that the fund does not rely on economic outlook but identifies long-......................

To view our full article Click here

Banner

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  2. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  3. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t