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Pictet AM hires in Asia

Pictet Asset Management, the asset management arm of the Geneva-based private bank, is said to be looking for seven new staff in Asia.

News reports suggest Pictet Asset Management is readying for expansion. Having hired Amy Cho from First State Investments as head of Pictet Funds and North Asia Institutional Marketing, Finance Asia says Pictet plans to hire another four people to support her in Asia and Singapore.

Pictet is also reported to have moved Rajiv de Mello, its global fixed income head, from Geneva to Singapore, to establish a new Asian bond management team. A further three fixed income managers will apparently be hired to work with de Mello.

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