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Pictet AM’s long/short AUM grows 25%, “fair” amount from Asia PBs

Owing to their relatively easy-to-understand nature, long/short solutions have proved particularly popular amongst Asia’s private wealth managers amid increasingly challenging conditions, according to Pictet Asset Management. “Among under-owned assets, liquid alternatives such as long/short strategies are easily understood relative to macro-, event-driven, or commodity trading advisors (CTAs),” Lawrence Tse, senior vice president at Pictet AM, told Asian Private Banker, highlighting…

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