Pictet Asset Management (Pictet AM) has announced the launch of Pictet-ReGeneration, a concentrated global equity fund investing in companies aiding the transition to a regenerative economy. The fund is the latest addition to Pictet AM’s Thematic franchise, which now has a combined AUM of USD 62 billion1.
Biodiversity is in rapid decline2, largely caused by over-consumption of the world’s natural resources. Gabriel Micheli, Senior Investment Manager for the fund explains “we believe investors have an important role to play in supporting companies that help regenerate ecosystems and create more resilient societies.”
Pictet-ReGeneration targets companies that are helping to reduce and create more sustainable consumption of natural resources. This includes repurposing products or extending their useful lives, providing services to develop a more circular economy and producing more renewable resources. The fund will also allocate capital towards companies facilitating greater social and economic inclusion, empowering more people to be part of the transition to a regenerative economy.
An Article 9 fund, Pictet-ReGeneration builds on our 20+ year track record in sustainable investing and experience applying the Planetary Boundaries framework3.
The trend towards a regenerative economy is unavoidable, and companies that contribute the most to the transition will benefit from superior growth over time. In addition to targeting an attractive return, the team will engage with companies to encourage more sustainable business models and practices.
The strategy is managed out of Geneva. Gabriel is joined by Claire Chamberlin, Investment Manager and Viktoras Kulionis, Investment Manager and Senior Environmental Economist.
Pictet-ReGeneration is a Luxembourg domiciled UCITS fund. The fund is registered for sale in Austria, Belgium, Cyprus, Denmark, Finland, France, Germany, Greece, Ireland, Italy (professional only), Lichtenstein, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, and the UK.
1 Source: Pictet Asset Management as of 31.12.20222 Source: Living Planet Report 2022, WWF. Number of animals in wild vertebrate populations has decreased by 69% since 1970.
3 The Planetary Boundaries (PB) Framework was developed in 2009 by the Stock-holm Resilience Centre and a group of internationally renowned scientists. It defines nine quantitative boundaries within which humanity can continue to develop and thrive. Crossing these boundaries increases the risk of large-scale abrupt or irreversible environmental changes. Source: Pictet Asset Management (2020). Planetary Boundaries: measuring the business world’s environmental footprint. Available at: https://am.pictet/en/uk/global-articles/2020/expertise/thematic-equities/planetary-boundaries-and-environmental-footprint-of-businesses
