Pictet Group in Asia
Born in Geneva in 1805. In Asia since 1981.
Always a private partnership.
Our history in Asia
The Pictet Group’s journey in Asia began in 1981 with the opening of its first office in Tokyo, followed by Hong Kong in 1986 and Singapore in 1995.
Watch our latest Asia brand video, which highlights Pictet’s 219-year heritage as an independent Swiss wealth and asset manager, and our steadfast commitment to Asia.
Over the years, Pictet expanded its services and expertise, becoming the first foreign asset manager to handle a corporate pension fund in Japan in 1991.
By 2003, Pictet had established its Asian Booking Centre in Singapore to cater to global clients interested in holding assets in Asia. The Group's presence in Asia continued to grow, with notable achievements including the doubling of assets under management in Japan between 2003 and 2004.
Pictet's commitment to the Asian market saw further expansion with the opening of its Taipei office in 2011 and a second office in Japan in 2012. The Group also received a full banking licence for its wealth management activities in Hong Kong in 2012.
Pictet has actively invested in China through various programmes, including QFII, RQFII, and the Shanghai-Hong Kong Stock Connect. In 2015, Pictet launched a UCITS fund for the Chinese onshore RMB bond market and continues to collaborate with global banks under the QDII scheme. The launch of the Pictet HK-Strategic Income fund in 2016 and the Asian Bond Income fund in 2020 further strengthened Pictet's Hong Kong-domiciled product range.
In recent years, Pictet has continued to bolster its presence in Asia with significant milestones such as obtaining a wholesale banking licence in Singapore in 2018 and opening an office in Shanghai in 2020. The Group identified the Rise of Asia as a key theme in its Ambition 2025 strategy. In 2021, Pictet registered as a Qualified Domestic Limited Partner (QDLP) Manager in China and launched its first QDLP product. The debut of the Prix Pictet in China in 2021 highlighted Pictet's commitment to sustainability and cultural engagement.
Celebrating 35 years of wealth management in Asia, Pictet's robust governance and investment leadership continue to attract ultra-high-net-worth clients and families across the region.
A 44-year journey from discrete inception to pan Asian presence.
Pictet opened its first Asia office in Tokyo.
In April 1986 Pictet opened an office in Hong Kong, followed by Singapore in 1995.
In 2003, to meet the needs of its global clients who were interested in having their assets held in Asia, Pictet set up its "Asian Booking Centre" in Singapore.
Between 2003 and 2004, Pictet Asset Management Japan succeeded in doubling its assets under management, with the successful introduction of a Biotech strategy and by providing domestic investors access to European bonds.
Pictet Asset Management Asia had established itself on firm footing, thanks to its specialist expertise in global emerging equities, Asian equities (ex-Japan), EAFE equities, emerging debt and globally diversified absolute return strategies.
Pictet Asset Management opened its first Taipei office and its second office in Japan, in Osaka.
Pictet Group was granted a full banking license for its wealth management activities in Hong Kong by the Hong Kong Monetary Authority (HKMA).
Pictet Asset Management invests in China through several programmes over the past decade, starting with Qualified Foreign Institutional Investor (QFII) and later Renminbi Qualified Foreign Institutional Investor (RQFII), Shanghai-Hong Kong Stock Connect, as well as Bond Connect.
Pictet was one of the first international asset managers to launch a UCITS fund that offered international clients access to the Chinese onshore RMB bond market.
Pictet Asset Management launched Pictet HK-Strategic Income (PSI), a global asset allocation strategy investing primarily in Asia. This was Pictet Asset Management’s first Hong Kong-domiciled fund, enabling Pictet to better serve local investors.
Bank Pictet & Cie (Asia) Ltd received regulatory approval for a wholesale banking license from the Monetary Authority of Singapore (MAS), underlining the importance of Singapore for the Pictet Group in the Asia-Pacific region.
Pictet Asset Management opened an office in Shanghai, Pictet’s 30th office globally.
Pictet Asset Management launches first northbound fund under the Mutual Recognition of Funds scheme between mainland China and Hong Kong.
Pictet Wealth Management celebrates 35 years in Asia.
Pictet Asset Management successfully registered as a Qualified Domestic Limited Partner (QDLP) Manager with the Asset Management Association of China.
Prix Pictet debuts in Shanghai and Beijing.
Pictet identified the Rise of Asia as one of seven global themes that will have major implications for investors, clients and the financial industry.
Travel to Pictet Asia
Hear from our colleagues visiting from Geneva on the opportunities they see for the region, and their personal connections to Asia in our short film series.
Who we serve
Clients come to Pictet for the attention, time, and expertise our teams give them. They appreciate the difference it makes to work with an independent firm aligned around their interests, with no pressures from external shareholders.
Wealth Management
For more than 200 years, Pictet Wealth Management has been helping private clients and family offices build their businesses, protect, grow and manage their wealth and preserve it for future generations.
Asset Management
Pictet Asset Management is an active manager with strategic capabilities across thematic equities, alternatives including private assets and hedge funds, emerging markets and multi asset.
Asset Services
Pictet Asset Services is quality- and performance-focused, allowing clients to concentrate on their own priorities: generating portfolio performance and distributing their products.
Awards and recognition
“Fais bien et laisse dire” (‘Do your best and let others do the talking’), the historic motto of the Pictet family since the 1600s, expresses our view of industry awards.
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Learn more about our awards and recognition
