Pictet sees inflows for funds of hedge funds
The venerable Swiss firm thinks investors should be worrying less about counterparty issues and re-focusing on high performance.
Pictet has been around since before the Battle of Waterloo in 1815, although its alternatives investment experience has developed somewhat since then. The Swiss private banking and asset management firm is now running $4 billion in specific fund of hedge fund (FoHF) products out of Geneva and a couple of billion more in funds of private equity funds.
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