A fund that invests in equities that benefit from the global growth in demand for clean water and related industries.
The fund looks to explicitly play one of the major themes within our positive impact portfolios, water, through companies operating in water supply, water technology and environmental services., The fund managers look for companies which generate at least 20% of their revenues from water related activities, have a strong business franchise and a compelling investment case.
The fund also applies an ESG overlay to avoid investing in companies involved in human right abuses or with poor corporate governance.
We like the fund as it gives us exposure to a fastly growing sector managed by an experienced team which has delivered strong returns versus peers.
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Fund Manager: Hans Peter Portner
Hans has managed funds at Pictet since joining in 1997, where he heads the water and utilities specialist teams. He began his career in 1992, working as a portfolio manager in international equities at UBS Brinson. Hans holds a Master’s degree in Economics from the University of Bern and the CFA designation.
Fund Group: Pictet Asset Management
Pictet Asset Management is one of Europe’s leading independent wealth and asset managers, being privately owned by 7 partners and headquartered in Geneva. The group manages over £370 billion of assets (as of December 2017), and has relationships with some of the worlds largest pension funds, wealth funds, institutions and other financial intermediaries worldwide and was founded in 1805