Pictet Asset Management confirmed the recruitment of three leading portfolio managers in a bit to strengthen its international multi asset team.
Percival Stanion, Andrew Cole and Shaniel Ramjee will join Pictet from Baring Asset Management, where they worked for 13, 28 and seven years respectively.
Stanion has been appointed as head of Multi Asset Strategies. Based in London, he will be reporting to Olivier Ginguené, Head of Asset Allocation & Quantitative Investments.
Pictet also announced the planned launch of multi asset strategy, known as a Diversified Growth Fund (DGF) with plans to launch similar products for other markets at a later stage.