Invests in companies with services in three segments: “Learn”, “Care” and “Enjoy”
Pictet Asset Management (Pictet AM) has launched a new fund, Pictet-Human, part of its active management range of global thematics, in which manages $53 billion in twelve other strategies.
Domiciled in Luxembourg, under UCITS regulations, it is a global equity strategy focused on services that help people to adapt to the demographic and technological changes that transform day-to-day life, such as telework, later establishment of the family, increased life expectancy, leisure and well being.
“As Humans in the 21st century we can live healthier, longer lives; maintaining our mental and physical wellbeing through learning, caring and enjoying ourselves. Services that support us in those goals should provide enduring opportunities for investors due to their recurring, predictable revenue models. Ultimately, they can help us to lead more fulfilling lives”. Alice de Lamaze will have the support of Marien-Baptiste Pouyat, investment manager and Gillian Diesen, specialist.Alice de Lamaze, CFA, who will be in charge of the fund management
“Ongoing research by our investment professionals is pivotal in assessing the developing megatrends that define the most attractive, long-term investment themes” .Hans Peter Portner, head of thematic equities
In this case, these are forces as demographic development, the knowledge society, dematerialization and commercialisation, which have helped to modify ‘discretionary’ purchases such as extracurricular classes or streaming content, which have become essential. Consumers in this area, with a desire to purchase innovative, simpler and better services, are opting for private supply more frequently.
Specifically Pictet Human’s investment universe is divided into three segments:
- Learn. Companies that contribute to lifelong learning, from early childhood to career development. It includes education and its financing, employment and professional development qualification, educational media and technology learning.
- Care: Companies with support and health services for home, caregivers, physical maintenance, food and pet health.
- Enjoy: Companies that provide entertainment, travel, parks, resorts and hotels based on experiences and culture and gastronomy.
It is a high conviction portfolio of companies very related to the subject, were selection includes ESG factors.