Pictet puts equity team in HK, builds in EM credit

Swiss funds house Pictet is expanding its investment and sales team in Asia, including putting equity portfolio managers and traders in Hong Kong and building an emerging-market corporate bond team. This is first time the firm has had investment staff in Hong Kong, and they will comprise three equity managers and three equity traders. By the time they are all in place, the entire Greater China long-only equities portfolio will be run out of the territory, says Renaud de Planta, Ge…