Pictet Asset Services partners with Pareto Asset Management on custody and funds services mandate
Since 28 November 2025, Pictet Asset Services has been providing its extensive range of custody, fund administration and governance services to the Luxembourg-domiciled UCITS umbrella fund, Pareto SICAV. The fund comprises four subfunds and manages assets totalling EUR 3.2 billion.
“We are delighted that Pareto Asset Management, a leading figure in the Nordic asset management landscape, has chosen us as the new asset services provider for its UCITS umbrella fund. This mandate further expands our footprint in the region and strengthens our positioning in the segment of UCITS funds promoted by Nordic asset managers. We look forward to supporting Pareto Asset Management in its growth ambitions,” said Marc Briol, CEO of Pictet Asset Services.
“We are pleased to announce our partnership with Pictet, the culmination of a selection process in which Pictet stood out for its service quality. This collaboration brings together our two institutions and our shared values of long-term thinking, client focus and responsible investing. We are confident that this partnership will create a robust foundation for sustainable success and long-term value creation for our clients,” says Eric von Koss Torkildsen, CEO of Pareto Asset Management.
Pareto SICAV is registered for sale in Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, the United Kingdom, Iceland, Italy (professional investors only), Netherlands, Norway and Sweden.
Note to editors
The Pictet Group
he Pictet Group is a partnership of owner-managers, with principles of succession and transmission of ownership that have remained unchanged since its foundation in 1805. The Group focuses exclusively on wealth management, asset management, alternative investments and related asset services. It does not engage in investment banking, nor does it extend commercial loans.
With CHF 757 (EUR 813/USD 955/GBP 710) billion in assets under management or custody as at 31 December 2025, the Pictet Group is today one of Europe’s leading independent wealth and asset managers for private clients and institutional investors.
Founded and headquartered in Geneva, Switzerland, the Pictet Group currently employs some 5,500 people. It has 31 offices worldwide, in Amsterdam, Barcelona, Basel, Brussels, Dubai, Frankfurt, Geneva, Hong Kong, Lausanne, Lisbon, London, Luxembourg, Madrid, Milan, Monaco, Montreal, Munich, Nassau, New York, Osaka, Paris, Rome, Shanghai, Singapore, Stuttgart, Taipei, Tel Aviv, Tokyo, Turin, Verona and Zurich.
Pictet Asset Services
Pictet Asset Services is a core business line of the Pictet Group. It offers a comprehensive suite of services across the entire asset servicing value chain, including custody, fund administration and governance as well as trading services for business-to-business clients, mainly external asset managers – for both funds and private clients – as well as family offices and institutional clients, such as pensions funds, institutions and banks. Pictet Asset Services is recognised for its expertise in custody, investment fund administration and governance, transfer agency, as well as trading services. It has been consistently top ranked for more than 20 years for the quality of its services by leading global industry surveys such as RM Survey and Global Investor.
About Pareto Asset Management
Pareto Asset Management is one of the Nordic region’s leading independent asset managers, overseeing 130 billion NOK in assets as of 31 December 2025. The company has delivered solid risk adjusted returns for its investors since 1995, driven by a fundamental investment philosophy, deep market insight, and a long term perspective.
As a boutique asset manager, Pareto Asset Management maintains a focused and disciplined approach and upholds close relationships with its investors. The client base spans municipalities, foundations, pension funds, investment firms, and private individuals. Employees and owners across the Pareto Group are also significant investors in the funds, collectively forming the company’s largest client segment.
While headquartered in Oslo, Pareto Asset Management is also strategically positioned in Europe, with offices in Stockholm, Frankfurt, and Zürich to serve an expanding international investor base. The company is part of the Pareto Group, which includes Pareto Securities, Pareto Bank, and other financial services companies.
