Pictet backs UK equities – with a hedge
- From: Vol 7, Issue 6 (June 2006)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: Pictet, Suez and Veolia
The leading specialist water fund has an interesting strategy for the UK.
This year’s results season from the UK quoted water companies, together with its performance in the recent market downturn, has changed the leading specialist water fund manager’s view of the sector. Hans Pieter Portner, who manages the Water Fund for Pictet, had reduced the fund’s commitment to the UK water sector from 25% of the fund to ...
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