Pictet launches Asian total return fund

DragonPictet Asset Management has launched a long/short Ucits fund investing in Asia excluding Japan.

The PTR-Banyan fund adopts a variable bias in times of market stress while aiming to offer downside protection in poor environments.

Nidhi Mahurkar manages the PTR-Banyan fund together with Anthony Cheung and Oliver Dolieres. The trio can apply hedging strategies to be defensive in down markets and to profit from the chartacteristic volatility of the region.

This is the fourth total return fund by Pictet, following the PTR-Corto, an European long/short fund, the PTR-Mandarin, a China long/short fund, and the PTR-Kosmus, a global credit long-short fund.

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