Pictet plans hiring spree to target growing wealth in China and Indonesia

Pictet, the Swiss wealth and asset manager, has plans to hire more bankers in its Asian hubs to grow the firm's business in the region as it sets its sights on HNWIs clients from Indonesia and China. Claude Haberer, Pictet equity partner and chief executive for Asia-Pacific, said in an interview with Fund Selector Asia (FSA) that the firm will bolster its Hong Kong office to serve Greater China clients, as wealth from the country is continues to grow and is expected to flow into Hong Kong. It will also hire in its other regional hub of Singapore, which services Southeast Asia, where it i...