Pictet Asset Management has launched the PTR-Atlas fund, a Ucits long/short global equity fund.
An expansion of its total return fund range, PTR-Atlas aims to take advantage of mispriced stocks by combining top-down analysis with bottom up fundamental stock picking.
The fund will select liquid companies through its bottom-up research and will adjust its portfolio exposure across regions and sectors using macro analysis. This will try to identify business cycles and liquidity conditions.
The fund’s aim is to achieve long-term capital growth although with a strong focus on capital preservation in down markets according to the firm.
The fund will be managed out of the firm’s base in Geneva by Matthieu Fleck, who will be supported by James Wigley, Adrien de Susanne d’Epinay and Philip Wilson.
Pictet has €403 billion in assets under management (AUM) as of June 30 this year. The firm’s total return fund range has a combined AUM of $6.1 billion (€5.8 billion) as of September this year.
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