Pictet strengthens multi-asset team
Percival Stanion, Andrew Cole and Shaniel Ramjee will join Pictet Asset Management in the coming months and will be based at the Moor House offices in London.
"We are delighted to be able to attract a person of Stanion’s calibre," said Renaud de Planta, managing partner of the Pictet Group and CEO of Pictet Asset Management, “and this hire demonstrates our determination to expand our existing multi-asset strategies for clients both in the UK and elsewhere."
Stanion, Cole and Ramjee had been working at Baring Asset Management for 13, 28 and seven years respectively.
Stanion will be named vice chairman of Pictet Asset Management and will join as head of multi-asset strategies (excluding Switzerland) reporting to Olivier Ginguené, head of asset allocation and quantitative investments.
As co-chairman of the Pictet Asset Management Strategy Unit with Olivier Ginguené, Percival will work closely with Luca Paolini, Pam chief strategist in the core group of the 16-person unit.
Pictet Asset Management intends shortly to launch a multi-asset strategy, known as a diversified growth fund with plans to launch similar products for other markets at a later stage.
Found this useful?
Take a complimentary trial of the FOW Marketing Intelligence Platform – the comprehensive source of news and analysis across the buy- and sell- side.
Gain access to:
- A single source of in-depth news, insight and analysis across Asset Management, Securities Finance, Custody, Fund Services and Derivatives
- Our interactive database, optimized to enable you to summarise data and build graphs outlining market activity
- Exclusive whitepapers, supplements and industry analysis curated and published by Futures & Options World
- Breaking news, daily and weekly alerts on the markets most relevant to you