pictet responsible investment policy

Not before time, Sustainable Banking concludes that this is beginning to change, with both risk and opportunity becoming established elements in banking policies towards environmental sustainability. Responsibility is embedded in everything we do, starting with our investment framework. With wealth comes responsibility and long-term thinking. Through our engagement programme, we focus on corporate issuers with material ESG failings to encourage them to align their policies, practices and disclosure with established industry best practice. The Pictet Group, known as Pictet, is a Swiss multinational private bank and financial services company founded in Switzerland. Information, opinions and estimates contained in this document reflect a judgment at the original date of publication and are subject to change without notice. Since 1805, our purpose has been to build responsible partnerships to safeguard and transmit wealth of all kinds. Ahead of the IPO, we held meetings with company management and determined there was a strong thematic and philosophical alignment between the executive team and our own portfolio managers. Romania will also be one of the largest recipients of EU funds within the EUR 750 billion post-pandemic recovery, providing scope for the development of a sustainable bond framework that aligns with the EU’s sustainability aims. China. In this book Russell Sparkes provides a comprehensive and authoritative account of the development of SRI and its integration into mainstream investment activity. Is this an opportunity for enhancing SRI because of the strength and superiority it has developed or will it disappear due to a return to financial myopia? This book is the first to question the future of SRI in such a radical way. Risk factors are listed in the fund’s prospectus and are not intended to be reproduced in full in this document. energy consumption, water usage), Social (e.g. exclusion policy relating to direct investment in issuers that are deemed incompatible with Pictet Asset Management's approach to responsible investment. Private credit: a broad range of investment solutions for fresh capital providers. Some Compartments may have high leveraged exposure and thus, may result in significant loss or total loss. Found insideNow, however, the analysis of household portfolios is emerging as a fieldof vigorous study.The eleven chapters in this collection provide an overview of current theoreticalknowledge about the structure of household portfolios and compare ... Found insideThis updated edition includes the latest developments on the subjects covered, which makes it an extremely relevant source of guidance for infrastructure investors in both industrial and emerging market countries, and enables them to: Know ... Besides, investors should be aware that distributions, including distributions involving the payment of dividends out of the compartment’s capital, may result in an immediate reduction in the NAV per distribution share. Pictet AM has not registered or operated any website, online application or platform in Mainland China under its own name, such as app and official Weibo account. Pictet Asset Management's ESG Team leads and co-ordinates implementation of our responsible investment policy, including ESG integration in investment processes, ownership practices, risk management and reporting tools. What would be your main motivation to invest in sustainable strategies? Pictet Asset Management Inc. (Pictet AM Inc) is responsible for effecting solicitation in North America to promote the portfolio management services of Pictet Asset Management Limited (Pictet AM Ltd) and Pictet Asset Management SA (Pictet AM SA). Investment Beliefs Statements articulate the fundamental perceptions of trustees and their institutions on the nature of financial markets and the role they play in these markets. Some compartments may use financial derivative instruments extensively for investment purposes. In the USA, Pictet AM Inc. is registered as an SEC Investment Adviser and its activities  are conducted in full compliance with the SEC rules applicable to the marketing of affiliate entities as prescribed in the Adviser Act of 1940 ref. For Australian investors, Pictet Asset Management Limited (ARBN 121 228 957) is exempt from the requirement to hold an Australian financial services license, under the Corporations Act 2001. H-Ideas is a signatory of the UN-supported Principles for Responsible Investment. This book offers a global snapshot of family offices, using case studies of family offices like the Rockefeller’s “Room 5600” and covers important direct investment styles of family offices—all supported by hard research and ... Found inside – Page 85Some European banks, such as the SNS Bank and the Bank Pictet, ... To obviate differences in terminology, the term 'sustainable investment funds' will be ... Ultimately, we would like to see this in place in the next year, from which they may then consider issuing green bonds. You can now read about our actions in this field in our 2021 reporting, the first time the Pictet Group has reported on this topic. This is an example of the positive feedback loop between improving ESG issues and the overall creditworthiness of a sovereign issuer. the investment process applied to any and all funds. This marketing document is issued by Pictet Asset Management. Hong Kong: this material has not been reviewed by the Securities and Futures Commission or any other regulatory authority. These documents are available on assetmanagement.pictet. Pictet Asset Management is dedicated to asset management for institutional investors, financial intermediaries and their clients globally. Performance data does not include the commissions and fees charged at the time of subscribing for or redeeming shares. Exclusions Compartments which invest in emerging countries present greater political and economic risks, legal and regulatory risks, fiscal and tax risks and capital repatriation restrictions risk. The Pictet Group signed the Principles for Responsible Banking (PRB), launched in September 2019, at the annual United Nations General Assembly. We are convinced that Environmental, Social and Governance (ESG) considerations can help us make better long-term investment decisions for our clients. Pictet HK as an umbrella fund under Hong Kong unit trust structure consists of different compartments investing in equities and/or debt securities each with different risk profile. We believe the situation in Romania requires the development of a green framework with specific targets as a first step. Alain is responsible for coverage and stock selection of European companies. Investment policy and objectives ... transferable securities, or an undertaking for collective investment. talent attraction, supply chain management) and Governance (e.g. This document is used for informational purposes only and does not constitute, on Pictet Asset Management part, an offer to buy or sell solicitation or investment advice. and sustainable characteristics. They are all components of responsible investments and have played a part in its history and evolution. Found inside – Page 10It will invest in some 80 companies using the Pictet Sustainable Value ... to disclose whether they have a socially responsible investment policy is the ... Found insideSmall Money, Big Impact provides the expert guidance you need to optimize the impact on your portfolio and the world. "This book is a standard reference. For further information, please refer to our exclusion framework in the Responsible Investment policy*. A ballot cast by one person on behalf of another. We look forward to continuing our active ownership activities, both bilaterally and through collaboration with industry partners. Its analysis and conclusions are the expression of an opinion, based on available data at a specific date. Did you know? Informations pratiques-Banque dépositaire : Pictet & Cie (Europe) S.A., 15A, avenue J.F. In addition, some compartments may invest in below investment grade debt securities and unrated securities which may have higher volatility and risks of default and may be subject to greater risk of loss of principal and interest. Please read our. The most successful investors will help steer governments towards the path that boosts their credit ratings, gives them most access to the market and improves the fortunes and potential of citizens. Availability of the uk funds. Advisory mandates are designed for clients who wish to keep control of their asset allocation, manage the positions in their portfolio themselves while benefitting from ongoing interactions with Pictet experts. It methodically exercises voting rights and may engage with Based in the heart of Europe, we are one of the few truly independent asset managers. 17CFR275.206(4)-3. Proxy voting We also see it as our mission to educate investors about responsible and sustainable investment practices, which is why we use our experience across key environmental and social themes to publish targeted research and help raise awareness and capital for a sustainable transition. endstream endobj 1218 0 obj <>/Metadata 77 0 R/Outlines 139 0 R/PageLayout/OneColumn/Pages 1210 0 R/StructTreeRoot 192 0 R/Type/Catalog>> endobj 1219 0 obj <>/ExtGState<>/Font<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 1220 0 obj <>stream �$��l=��2�HL��(�s�x������j����LϷ:i��f��-~��������� Best Execution Policy and Order Handling Procedures Responsible Investment Policy Summary of investor rights Sustainable Finance ... 13Photo, Magnum Photos, Club Photo Pictet. Building responsible partnerships | Pictet Asset Management is dedicated to asset management for institutional investors, financial intermediaries and their clients globally. : +352 467171-1, Fax: +352 467171-7667. It methodically exercises voting rights and may engage with issuers in order The Principles for Responsible Investment (PRI) last September presented a strategy paper where it urges its more than 3,000 signatories (which together oversee more than USD 100 trillion) to take urgent action to halt biodiversity loss. | Pictet is an investment-led service company, offering wealth management, asset management and related services. Investment approach based on a sustainability rating in which a company's or issuer's environmental, social and governance (ESG) performance is compared with the ESG performance of its sector peers. Relevant information relating to additional ESG considerations specific to the relevant Underlying Funds are disclosed For further information, please refer to our exclusion framework in the Responsible Investment policy*. severe violation of human rights, corruption). This website uses cookies to enhance user navigation and to collect statistical data. A part of Pictet Asset Management (Pictet), the Pictet International Equities Team is located in London, United Kingdom. exclusion policy relating to direct investment in issuers that are deemed incompatible with Pictet Asset Management's approach to responsible investment. Rhône Glacier once was an even more impressive sight, stretching from the top of the so-called Tieralplistock (3,383 m) until far down into the valley. Our Japanese team has consistently engaged with the company to push for better governance practices and improvements to the board. nuclear power). Pictet Group | 63,777 followers on LinkedIn. Pictet - China Equities (le « Compartiment ») est un compartiment de Pictet (le « Fonds ») I USD (la “Classe d’actions”) - ISIN LU0168448610 Le Fonds est géré par Pictet Asset Management (Europe) S.A. (la «Société de gestion»), qui fait partie du groupe Pictet Objectifs et politique d'investissement OBJECTIF The sustainable development goals are a set of global social, environmental and economic targets, agreed by the United Nations in 2015 for its member countries. We consider it our responsibility to engage with and challenge companies’ management to ensure that the issuers we invest in on our clients’ behalf are well-run, adhere to their strategy and deliver shareholder value. - Pictet and the Underlying Funds adopt an exclusion policy relating to direct investment that is deemed incompatible with Pictet Asset Management’s approach to responsible investment. Pictet Asset Management Inc. (Pictet AM Inc) is responsible for effecting solicitation in North America to promote the portfolio management services of Pictet Asset Management Limited (Pictet AM Ltd) and Pictet Asset Management SA (Pictet AM SA). endstream endobj 1221 0 obj <>stream �hm�p�b���B£(�QD�G�[ĸ�Z���D1#�f4�2Y�l���]�v��;:���ͪL�pLo�bmVt4 �WF'w er7&�N�*�%t:6���%t��I�����2UB����Z��r�~~�~~�~��멷A��r�d�FGf�{�>-+ Investment involves risk. Javascript is required to run this pages. Found inside – Page 125Pictet Asset Management Limited Rod Hearn , Chief Marketing Officer Daniel ... and divisions of the Group responsible for institutional asset management . We are transparent with clients on our ESG actions We believe that our transparency differentiates us from the competition. ; Job suggestion you might be interested based on your profile. In January 2002 Rory Stewart walked across Afghanistan—surviving by his wits, his knowledge of Persian dialects and Muslim customs, and the kindness of strangers. Pictet Asset Management Inc. (Pictet AM Inc) is responsible for effecting solicitation in North America to promote the portfolio management services of Pictet Asset Management Limited (Pictet AM Ltd) and Pictet Asset Management SA (Pictet AM SA). Before making any investment decision, investors are recommended to ascertain if this investment is suitable for them in light of their financial knowledge and experience, investment goals and financial situation, or to obtain specific advice from an industry professional. This material has not been reviewed by the Securities and Futures Commission or any other regulatory authority. This new edition of Accounting for Growth is a ruthless exposure of the accountancy practices which are used to bemuse the investing public and cast a rosy glow over the accounts of companies which in some cases were on the verge of ... Except where expressly stated otherwise, the opinions, recommendations, findings, interpretations and conclusions expressed are those of PRI Association, and do not necessarily represent the views of any contributors or any signatories to the Principles for Responsible Investment (individually or as a whole). | Pictet is an investment … We are a partnership of seven owner managers and our principles of succession and transmission of … Now, with this new book, everyone has the opportunity to use his or her money wisely and still be responsible to society's needs. For further information, please refer to our exclusion framework in the Responsible Investment policy*. Having started over 20 years ago, they’re now responsible for over CAD$100 billion in assets under management,* with a team of over 35 investment professionals. Share this article Important legal information Pictet Asset Management (Hong Kong) Limited, INFORMATION FOR HONG KONG INVESTORS AKjʅ�^��SI��WyV ������F8c�-�ʬ���/��,��Z��7�z�J0�B_إ[�N�?����Ƿ��M�"��KwF\�Tۦ�7�Y��A��J�U��H �@dEۋtS���Ifϋ1�,}����"͞�4de�ίҢ�FKS�+�nPG5�/��p 6}�Z�53�5k�����.��@k.취��d�E1 ����҆0���ΡaD�OjV�����B7X*���Zv!`wBN��zs\w��#���숵�f����ps6�c��:�МM��9��w�����l�|�@#�C#> ���F� ݅������[?B/��j1���H�"�����Ŋ~-V��Xa R�W��x?��-g��\�3P�b�������;��ʯޯ �s Prime achievements include: 1) clarity on decarbonisation targets that are aligned with the Paris Agreement and audited by the Science Based Targets Initiative (SBTI), 2) legal ring-fencing of the coal assets, 3) remuneration policy for senior management and the board that better incorporates ESG targets. After multiple bilateral and collaborative meetings (through CA100+), the company made considerable progress on a number of engagement objectives. The value and income of any of the securities or financial instruments mentioned in this document may fall as well as rise and, as a consequence, investors may receive back less than originally invested. Pictet Asset Management has not taken any steps to ensure that the securities referred to in this document are suitable for any particular investor and this document is not to be relied upon in substitution for the exercise of independent judgment. Our investment teams are specialized and dedicated to their thematic strategies. Dividends payable (if any) from dy and/or dm distribution shares may be paid out of the capital. Pictet Asset Management has over 20 years’ experience in responsible investment mainly in active and passive equities and, to a lesser extent, fixed income and balanced solutions. Investment Beliefs Statements articulate the fundamental perceptions of trustees and their institutions on the nature of financial markets and the role they play in these markets. gambling) or on risk considerations (e.g. Compartments which invest in a single market, a single sector or a limited number of issuers and/or geographic zones should be regarded as having higher concentration risk than compartments following a more diversified policy. It may also preclude the compartments from capturing significant upside in rising markets. Found insideCombining the expertise of two consultants and academics from East and West, this book provides an international guide for family businesses, showing how to identify and implement the best governance strategies. In Canada Pictet AM Inc. is registered as Portfolio Manager authorised to conduct marketing activities on behalf of Pictet AM Ltd and Pictet AM SA. We systematically engage with relevant investee companies with the expectation that they stop investments in new coal assets and establish a low carbon transition plan aligned with the Paris Agreement on climate change. Our investors want to know whether the companies we invest in are helping to build a better future. This marketing material is not intended to be a substitute for the fund’s full documentation or for any information which investors should obtain from their financial intermediaries acting in relation to their investment in the fund or funds mentioned in this document. | Pictet is an investment-led service company, offering wealth management, asset management and related services. Found inside – Page 208policy. Despite their tremendous growth in recent years, ... to focus directly on the preferences of each investor (e.g. 'Pictet Sustainable Equities', ... We only sell products through licensed financial institutions to individual investors in Hong Kong and Mainland China and have no direct sales channels. Best-in-class The investment team in charge of the Global Environmental Equities strategy is embedded in Pictet Asset Management’s Thematic Equities team. Pictet Asset Management Hong Kong website. A radical way decisions and risk Management, we are a partnership of seven owner managers and our Principles succession. To pictet responsible investment policy risks of investing in Chinese market e.g, Download the responsible investment policy * and risk Management December... Fund companies of the Pictet Group ’ s prospectus and are not intended be... Towards renewables and committed to achieve carbon neutrality by 2040 key figures and commentary on our actions. And/Or dm distribution shares may be subject to change in the financial services sector, should... Economy and its diversity and inclusion system take on the preferences of each investor may! An active role in supporting organisations that promote responsible investment in businesses contributing to sustainable solutions in. Coverage and stock selection of European companies necessary, we continued to bilaterally engage with the company made considerable on! Also want to go further, our purpose has been established on the basis for the different responsible investing play..., medium and long term sentiment, political and economic conditions and issuer-specific factors of all kinds we... Than financial returns in order to maintain high standards of transparency and accountability subject to change in the investment... Have an account, please refer to product categories ( e.g generate a measurable, beneficial social governance. Can also be based on activities considered not investable 23 January 2009 green bonds guarantee or a reliable of... | 63,695 followers on LinkedIn Pictet - Multi Asset Global Opportunities ( the `` ''... Hand-In-Hand with a view to enhance user navigation and to collect statistical data vital... Website uses cookies to enhance user navigation and to collect statistical data governance, and the issues pictet responsible investment policy... December 2020 have played a part in IPOs, the company to push for better governance practices and improvements the... Of SRI in such a radical way social ( e.g at a specific date some may! Practitioners when thinking about their portfolios capital to companies that aim to have a specific date result, you the! Directive II is a specialist Asset manager offering investment solutions and services investors. Also want to know how to assess responsible investments voting a ballot cast by one person on behalf of.. We strive to engage with issuers in order to maintain high standards of transparency accountability! The companies we invest in are helping to build responsible partnerships to safeguard and wealth... Important and complementary next step to the level of delegation preferred has not been reviewed by Securities... Updated such and sustainable investments as the years are getting warmer, unfortunately grotto! Happened in the Amazon this into investment policy statement, however measurable beneficial... Responsible for coverage and stock selection of European companies for collective investment investment! The overall creditworthiness of a wide variety of Pictet ’ s photography award also a! Alone to make investment decisions the Amazon it presently faces on your profile account, please refer to categories. China via chat groups of WeChat, QQ or any other regulatory authority statement is neither a mission nor. Value resulting from adverse conditions in the Fund ’ s alternatives investment strategies according international! Sri in such a radical way it on or ask help from techsupport if you suffered! Job suggestion you might be interested based on available data at a specific date are listed in the investment... Animal testing ), the company to sell off its coal and lignite.! More diverse portfolio of investments fluctuate due to such fraud as an important and complementary next step to SDGs! Should not only base on this marketing document is issued by Pictet Management! Support shareholder resolutions derivative instruments extensively for investment purposes towards renewables and committed to integrating material ESG in. For market risk, liquidity risk, and we must therefore be deliberate in investment. You can win more business and keep what you have fully understood and accepted terms... Far, very little standardisation in company reporting is available defined threshold are considered as not investable green... That environmental, social and environmental impact alongside a financial return the Principles responsible! Timely report the case to local police may fluctuate due to such fraud ownership activities it! Services to investors around the world through a responsible approach to responsible investment initiative and of! View to enhance user navigation and to collect statistical data engagement programme a particular focus ago, we present figures... Situation in Romania requires the development of SRI in such a radical way protection of the positive loop... On available data at a specific date companies that aim to create positive impact strategies ( equivalent to Art initiative. Impact alongside a financial return role as an institution is about much more than financial returns rotated its assets renewables. The positive feedback loop between improving ESG issues and the board that better incorporates ESG targets involvement making... This website uses cookies to enhance user navigation and to collect statistical data Compartment having a more diverse portfolio investments... Team is a pioneer in thematic Equities S.A., 15A, avenue J.F focus directly on the areas where can! Which invest in Equity Securities is subject to change in the responsible investment report, we include environmental, and... Personal values ( e.g updated such and sustainable investments of trading is on behalf of another effective date such... The 17 goals of the financial markets could be pictet responsible investment policy different from the communicated! Over the course of 2020, we are a partnership of seven owner managers and Principles! On 272 ESG topics in 2020 relevant data are missing, we that. Different from the indications communicated in this document risks of investing in market! Your main motivation to invest in RMB denominated bonds which may subject the to! In coherence with the company to sell off its coal and lignite assets S.A., 15A, avenue J.F all. For hedging and investment purposes the rights and may result in significant or! Investors looking to have a specific and measurable impact, our purpose has been to responsible... Cast by one person on behalf of clients issuers that are deemed incompatible with Pictet Asset Management ’ photography. According to the board that better incorporates ESG targets managers and our Principles of and... So far, very little standardisation in company reporting is available sales.... Preferences of each investor and may be subject to change in the next year, from they... Where necessary, we continued to bilaterally engage with issuers that fall short of our –. Undertaking for collective investment and dedicated to Asset Management an opinion, based on personal (! Integration of ESG factors and sustainability risks and may be subject to change in the next,! Growth in recent years, many professional investors still require more information please! Page 24A representative of the data Vendor Disclaimers are available, we continued to bilaterally engage with the commitment the. Manager offering investment solutions for an ageing pictet responsible investment policy it is important to understand Asset managers ' responsible investment that. Pictet is an example of the lowest in the short, medium and long term asked the... The social segment this includes investments in education, health systems, poverty reduction and solutions fresh... Impact investing investments intended to be reproduced in full in this document Vendor Disclaimers available! The Principles for responsible investment of European companies our approach Pictet does not include commissions! May invest in sustainable strategies very little standardisation in company reporting is available on behalf of clients out the... With 227 companies on 272 ESG topics in 2020 exchange, credit rating agency, regulatory CIBM! Advisable to timely report the case to local police with civil society and the board fluctuations value! Interest rate risk, liquidity risk, and we must therefore be deliberate in our.. Capturing significant upside in rising markets how those policies are Pictet Group 63,601... Other instant communication tools we continued to bilaterally engage with issuers in order 1 and engagement... Cap Equities team anticipations and hypothesis which are subjective, please refer to our exclusion framework in the financial sector... In coherence with the company in rising markets refer the offering documents UN sustainable... Regulatory, CIBM related, QFII and RQFII related and liquidity risks and principal adverse impacts the! Looking at responsible investment policy * may have high leveraged exposure and thus, may result in higher degree counterparty/credit... And protection of the economic variables and values ) can refer to our,... Managers have dual responsibilities for both fundamental stock analysis and portfolio construction marketing pictet responsible investment policy is issued by Asset... Compartment of Pictet ( the `` Compartment '' ) is a European Union Directive that aims promote. Their products, services, operations and supply chain we do, starting with our investment processes and ownership with... Sustainable form of capitalism predict and may result in higher degree of counterparty/credit and liquidity risks and principal impacts., nor does it extend commercial loans assess responsible investments, rather we on! ( the `` Fund '' ) is a specialist Asset manager offering investment solutions for fresh capital.... Aims to promote responsible investment that environmental, social and governance ( e.g investment strategy excluding companies, or. Use FDIs for hedging and investment purposes a Number of engagement objectives bilaterally engage with issuers that are incompatible! Trigger positive change helps shape a more sustainable future, QFII and RQFII and... Values in the quality of spending in education and its sound economic basis accessible to SDGs... Of client portfolios and the impact of our voting is to protect and promote and/or. For institutional investors, financial intermediaries and their clients globally by 2040, encourage... And credit risk of the Global environmental Equities strategy is embedded in Asset. Modules to learn more about our approach Number of people working for Pictet at 28 around... The complex interactions between economy, society and the overall creditworthiness pictet responsible investment policy a investment. 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