Getting access to differentiated sources of information and insights is a critical factor in investment management. Most traditional sources of information used by portfolio managers and analysts, such as sell-side research and subscription-based data services, are largely commoditised. Which means maintaining an information edge is far from straightforward.
At Pictet Asset Management, each of our thematic equity teams secures that additional informational advantage through their own Thematic Advisory Boards (TAB). Each TAB typically consists of three members taken from the world of academia, industry and policymaking.
Each member is chosen because they possess experience and expertise that is relevant to the equity team's specific thematic investment universe. While a few TAB members may enjoy global name recognition, many are not well known outside their area of expertise. This is a deliberate choice. We choose to work with experts whose insights draw on a strong industrial or entrepreneurial track record or an impressive body of academic research. Collectively, TABs give our portfolio managers access to a diversity of opinion and insight that's is not readily available to other investment professionals.
The role of a TAB is not to advise on specific investment decisions; they do not help our managers chose stocks for their portfolio. Rather, TABs support investment managers by providing a wide range of relevant insights that help frame the key issues at play within a specific thematic investment universe.
TABs help track the long-term course of a theme and give specific insights on shorter-term developments, too. They provide:
Our TABs hold formal meetings approximately twice a year. In many instances, those meetings will include additional guests, such as investment managers from other teams, those for whom the topics being discussed are especially relevant
The TAB meetings typically take place in our Geneva or Zurich offices. Whenever appropriate they also include virtual or hybrid formats. Occasionally, they are combined with a field trip, allowing the TAB members and investment team to gain insights from visits to industrial sites, research facilities or think tanks. For example, recently, the Clean Energy Transition TAB met in the US during a trip that included visits to the National Renewable Energy Laboratory and Electric Power Research Institute. The Timber TAB met in Germany during a trip that included visits of a large sawmill, a pulp mill and various forest sites.
Important legal information
This marketing material is issued by Pictet Asset Management (Europe) S.A.. It is neither directed to, nor intended for distribution or use by, any person or entity who is a citizen or resident of, or domiciled or located in, any locality, state, country or jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation. The latest version of the fund‘s prospectus, Pre-Contractual Template (PCT) when applicable, Key Information Document (KID), annual and semi-annual reports must be read before investing. They are available free of charge in English on www.assetmanagement.pictet or in paper copy at Pictet Asset Management (Europe) S.A., 6B, rue du Fort Niedergruenewald, L-2226 Luxembourg, or at the office of the fund local agent, distributor or centralizing agent if any.
The KID is also available in the local language of each country where the compartment is registered. The prospectus, the PCT when applicable, and the annual and semi-annual reports may also be available in other languages, please refer to the website for other available languages. Only the latest version of these documents may be relied upon as the basis for investment decisions.
The summary of investor rights (in English and in the different languages of our website) is available here and at www.assetmanagement.pictet under the heading "Resources", at the bottom of the page.
The list of countries where the fund is registered can be obtained at all times from Pictet Asset Management (Europe) S.A., which may decide to terminate the arrangements made for the marketing of the fund or compartments of the fund in any given country.
The information and data presented in this document are not to be considered as an offer or solicitation to buy, sell or subscribe to any securities or financial instruments or services.
Information, opinions and estimates contained in this document reflect a judgment at the original date of publication and are subject to change without notice. The management company 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. Tax treatment depends on the individual circumstances of each investor and may be subject to change in the future. 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.
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.
The investment guidelines are internal guidelines which are subject to change at any time and without any notice within the limits of the fund's prospectus. The mentioned financial instruments are provided for illustrative purposes only and shall not be considered as a direct offering, investment recommendation or investment advice. Reference to a specific security is not a recommendation to buy or sell that security. Effective allocations are subject to change and may have changed since the date of the marketing material.
Past performance is not a guarantee or a reliable indicator of future performance. Performance data does not include the commissions and fees charged at the time of subscribing for or redeeming shares.
Any index data referenced herein remains the property of the Data Vendor. Data Vendor Disclaimers are available on assetmanagement.pictet in the “Resources” section of the footer. This document is a marketing communication issued by Pictet Asset Management and is not in scope for any MiFID II/MiFIR requirements specifically related to investment research. This material does not contain sufficient information to support an investment decision and it should not be relied upon by you in evaluating the merits of investing in any products or services offered or distributed by Pictet Asset Management.
Pictet AM has not acquired any rights or license to reproduce the trademarks, logos or images set out in this document except that it holds the rights to use any entity of the Pictet group trademarks. For illustrative purposes only.