Pictet AM expands Asia investment, trading teams
The firm has set up an RMB bond investment and trading team in Hong Kong and moved its China long/short equity professionals from Geneva to the same city. It is also preparing to trade Vietnam.
Pictet Asset Management has established a renminbi fixed income capability in Hong Kong and is hiring another fund manager to that end, as it builds out its investment and trading setup in Asia.
The Swiss firm hired both a fund manager and bond trader for RMB bonds earlier this month, but declined to give details of their identities or previous companies.
Pictet AM is building up the team with an eye on joining the RMB qualified foreign institutional investor (RQFII) scheme, tho…
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