Switzerland-based Pictet Asset Management has introduced Pictet-China Environmental Opportunities, a concentrated active equity fund investing in Chinese environmental solutions providers. China is already a leader in electric vehicle and solar panel production and is seeking to become one of the world’s leading markets for environmental solutions technologies as part of efforts to achieve carbon neutrality goal by 2060. The fund aims to achieve capital growth by investing in firms operating in five segments: renewable energy; green transportation; industrial decarbonisation; resource efficiency; and environmental protection. Classified as Article 9, the fund is the latest addition to Pictet Asset Management’s US$67 billion thematic franchise. According to the firm, it has evolved from, and leverages, the expertise of the investment team behind the successful Pictet-Global Environmental Opportunities fund. Pictet-China Environmental Opportunities will incorporate the planetary boundaries scientific framework into its environmental investment approach to identify the companies that operate within a demarcated safe operating space.
