Pictet Asset Management (Pictet AM) has announced the launch of Pictet-China Environmental Opportunities, a concentrated active equity fund investing in leading Chinese environmental solutions providers.
Pictet-China Environmental Opportunities seeks capital growth by investing in Chinese companies operating in five environmental segments: renewable energy, green transportation, industrial decarbonisation, resource efficiency and environmental protection.
Classified as Article 9, the fund is the latest addition to Pictet AM’s $67bn thematic franchise. It has evolved from, and leverages, the expertise of the investment team behind the Pictet-Global Environmental Opportunities (GEO). GEO, a global allocation equity strategy, implements the Planetary Boundaries scientific framework into its environmental investment approach to identify the companies that operate within a demarcated safe operating space. This framework is also applied in the investment process of Pictet-China Environmental Opportunities.
The strategy is led by Yi Du, senior investment manager for thematic equities at Pictet Asset Management and member of the GEO team, based in Geneva. He is supported by thematic equities research analysts based in Shanghai who conduct on-site due diligence and maintain continuous contact with companies.
“As the country with the largest manufacturing capability of environmental solutions with many of the world’s leading technologies, China acts as a vital production and export hub for solving global environmental challenges”, said Yi Du.
“These factors combined with supportive policy tailwinds within China and worldwide make Chinese companies that address global environmental challenges well-positioned to outperform the market”.
Pictet-China Environmental Opportunities is currently offered as a Luxembourg-domiciled Ucits fund. It is registered for sale in Austria, Belgium, Cyprus, Denmark, Finland, France, Germany, Greece, Ireland, Italy Lichtenstein, Luxembourg, Netherlands, Norway, Portugal, Singapore (accredited investors only), Spain, Sweden, Switzerland and the UK.