New global asset allocation fund from Pictet

The Luxembourg-domiciled Pictet-Global Flexible Allocation fund is UCITS compliant and aims to maximise returns by actively seeking the best opportunities globally. Pictet says the fund "Will provide Euro-based investors with a high conviction dynamic asset allocation solution to navigate through all market conditions." The investment team seeks to manage the trade-off between return and risk while seeking to protect assets against downside risk in difficult markets.   Commenting on the launch, Olivier Ginguené, Head of Asset Allocation and Quantitative Investments said: “Global market...