Pictet-EUR Short Term High Yield fund
|13 February 2012|
Pictet launches Pictet-EUR Short Term High Yield
Pictet Asset Management, the asset management arm of the Swiss private bank Pictet & Cie, today announced the launch of Pictet-EUR Short Term High Yield fund, a Luxembourg-domiciled UCITS compliant fund, investing in EUR high yield short-dated bonds.
The new fund is lead managed by Roman Gaiser, who has 16 years of experience in managing high-yield bonds.
In an environment of moderate growth, low inflation and deleveraging, EUR high yield short dated bonds offer an attractive risk/return profile in a European market that has matured at a rapid pace over the past several years.
The fund was launched on the 31st January in Luxembourg. The fund is so far registered in Luxembourg, Singapore, Austria, Germany, Portugal, France and Great Britain. Other countries will follow soon.