Pictet opens office for asset management in New York

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The New York office will be headed by Elizabeth Dillon, who worked in the Geneva establishment for 19 years on behalf of its activity in asset management, particularly in Geneva and London, Pictet wrote on Monday. Mike Acker will be responsible for key clients and Nick Mavro will assume responsibility for offshore business.

Having recently led business with global financial institutions, Ms. Dillon will be appointed Managing Director (CEO) of Pictet Asset Management (USA). She will be keen to extend the scope of her team by supporting existing clients, “by identifying new growth opportunities and planning the future development of Pictet Asset Management in the United States”.

Pictet Asset Management has more than $ 209 billion in assets under management (at the end of June 2020) on behalf of its clients through a range of products in equities, bonds, alternative investments and multi-assets. It offers specialized management services through specific mandates and investment funds.

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