Pictet Group’s head of alternatives investments for Asia says it’s too early to apply an ESG ‘exclusion’ approach during manager selection in private markets. And the firm doesn’t run large marketing campaigns for general partners (GPs), and doesn’t receive retrocessions from managers either. Compared to the “many larger universal banks, which run large marketing campaigns for the GPs and provide […]

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Appetite for hedge funds has been strong among Pictet and Credit Suisse’s Asian high-net-worth clients interested in diversifying their asset allocations. Credit Suisse is recommending that investors position around 7.5% to 20% in alternative investments, while Pictet’s allocation to hedge funds increased by 2% in 2021 within the 11%-17.5% range. Pictet still favours uncorrelated strategies this year, particularly global macro, […]

The post Demand, returns, and inflation: Credit Suisse, Pictet talk hedge funds appeared first on Asian Private Banker.

While investors have become more educated about alternative investments and more comfortable with the associated risks, a large information asymmetry between clients and asset managers remains, providing private banks with business opportunities to offer clients access and solutions. Over the last few years, multiple private banks have seen a surge in client demand for alternative investments ranging from private equities, […]

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