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Pictet Europe Index Class P - Accumulation (EUR)

Sell:23,303.16p Buy:23,303.16p Change: 8.19p (0.04%)
Prices as at 22 October 2020
Sell:23,303.16p
Buy:23,303.16p
Change: 8.19p (0.04%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 22 October 2020
Sell:23,303.16p
Buy:23,303.16p
Change: 8.19p (0.04%)
Prices as at 22 October 2020
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Our view on this Fund

This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. This is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Our view on the sector

Funds in this sector can invest in government and corporate bonds issued globally. And they can often be denominated in overseas currencies. Foreign currencies boost performance if sterling weakens, like it did after the UK voted to leave the European Union in 2016, but the reverse is true when sterling strengthens. These funds can be very different from each other. Some focus on generating income, others try to shelter investors' money during the bad times and might not generate any income. We think there are only a handful of investors with the skill to successfully manage a fund in this sector.

Performance Analysis

Performance analysis for this fund is not available.

Investment Philosophy

Investment philosophy for this fund is not available.

Process and Portfolio Construction

Process and portfolio construction for this fund are not available.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

23/10/15 to 23/10/16 23/10/16 to 23/10/17 23/10/17 to 23/10/18 23/10/18 to 23/10/19 23/10/19 to 23/10/20
Annual return 30.67% 6.91% -3.02% 3.29% 2.28%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

Information about the fund

Fund manager biography

Manager Name: Andrew Wilmont
Manager start date: 1 February 2019
Manager located in: Geneva

Andrew Wilmont joined Pictet Asset Management in July 2018 and is a Senior Investment Manager in our Developed Credit Markets team focused on European High Yield. Before joining Pictet, Andrew spent four years at Neuberger Berman as Managing Director for European High Yield. Between 2005 and 2014, he headed the European/ Global High Yield team at Axa Investment Managers. He started his career in High Yield as a Corporate Analyst at Saudi International Bank in London at the inception of the European High Yield market in 1997. Andrew holds and MSc in Business and a LLM in Corporate Law from Vrije Universiteit, Amsterdam. He is a Chartered Financial Analyst (CFA) Charterholder.

Manager Name: Prashant Agarwal
Manager start date: 1 January 2006
Manager located in: Geneva

Prashant Agarwal joined Pictet Asset Management's Fixed Income credit research team in 2004 as a Credit Analyst. He is now an Investment Manager specialising in High Yield in the Fixed Income team.Before joining Pictet, he spent four years at Vertex Entreprises Pvt. Ltd as Director responsible for Operations & Finance. He then spent two years as a manager at ICRA, an associate firm of Moody's Investor Services in India. Prashant graduated with a BSc in Chemical Engineering from Banaras Hindu University and holds an MBA from the University of Chicago Graduate School of Business. He is a Chartered Financial Analyst (CFA) charterholder.

Manager Name: Frederic Salmon
Manager start date: 29 September 2006
Manager located in: Geneva

Frédéric Salmon joined Pictet Asset Management in 2006 as Head of Credit Investment Grade in the Fixed Income team. Before joining Pictet, he worked for AXA Investment Managers and IXIS Asset Management as Senior Credit Portfolio Manager and Head of Credit respectively. Previously he worked for Sogéposte SA which is part of the IXIS Group as Fixed Income Portfolio Manager and Head of Credit. Frédéric holds a Diploma of Advanced Studies in Finance from the University of Paris II and a Master's degree in Management from the University of Paris XIII. He also holds a diploma from the Société Française des Analystes Financiers (SFAF).

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account