Wed, Mar 1, 2017
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

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. Institutional investors plan to raise allocations to alternative assets in 2017[more]

    Komfie Manalo, Opalesque Asia: A survey by Context Summits Miami showed that nearly 72% of institutional investors and family offices plan to raise their allocations to alternative asset managers this year, suggesting continued strong demand for the industry. "As many large, brand name f

  2. Comment - Mortgages, mergers and hedge fund fees, Fairholme's Berkowitz responds to court ruling against hedge fund suits of Fannie Mae[more]

    Mortgages, mergers and hedge fund fees From Bloomberg.com: Yesterday the U.S. Court of Appeals for the D.C. Circuit handed down an odd decision in a lawsuit over the government's nationalization of Fannie Mae and Freddie Mac. The key issue is what's called the "Third Amendment," the 2012

  3. Investing - Hedge funds continue to chase the herd in record Momentum wager, Marshall Wace bets grocer Sainsbury may need rights offering, Hedge fund net exposure has started to retreat, David Tepper's Appaloosa fund makes a huge buy, The 10,000-mile journey to Short Australia, Skeptical hedge fund investors grill Evan Spiegel about Snap's I.P.O.[more]

    Hedge funds continue to chase the herd in record Momentum wager From Bloomberg.com: Hedge funds can't get enough of momentum - even if it means embracing an investing strategy they hate. Loosely defined as betting on shares that went up the fastest over the preceding nine-to-12 months, h

  4. Opalesque Exclusive: Swiss investors take fund seeding and acceleration into their own hands[more]

    Benedicte Gravrand, Opalesque Geneva: Banque Bonhote, a 200-year old Swiss private bank, last year launched a community of investors - heads of Swiss family and advisory offices and wealth managers - with the aim of co-investing in the kind of managers they wanted to invest in, either by way of s

  5. K2 Advisors : Why We Like Activist Hedge Fund Strategies and Some Thoughts on Alpha[more]

    Matthias Knab, Opalesque: Rob Christian, Senior Managing Director, Head of Research K2 Advisors, Franklin Templeton Solutions, writes on Harvest Exchange: When d