Pictet Total Return-Mandarin fund

The new fund will be managed by Lan Wang Simond, senior investment manager at Pictet Asset Management. She has over 16 years investment experience managing assets across the Greater China region using long only, absolute return and long/short strategies.

Using this experience the investment manager seeks to capture the benefits of China’s secular growth, minimise downside risk in periods of market turbulence and maximise alpha through specific stock ideas. The overall strategy aims to reduce correlation to the market and generate less volatile, positive asymmetric returns.

With its focus on China, the fund gives access to strong and sustainable growth in the greatest developing region in the world and to under-researched industries still in their infancy. As populations age and workforces gain bargaining power, China is likely to shift from investment and export-led growth to domestic consumption.

The Fund invests primarily, although not exclusively, in Chinese companies listed in Hong Kong and mainland China. When selectively investing in Hong Kong, Taiwan or other Asian countries outside the Greater China region, the Mandarin investment team search for companies deriving a significant proportion (30% and rising) of their earnings from the Greater China region.