Pictet-SmartCity – the smart cities fund
The objective is long-term capital growth by investing in companies around the world that are helping to develop the “cities of tomorrow”
- September 05, 2018 09:45
- Olya Georgieva
Europe-based independent asset and wealth management company, Pictet Asset Management, has launched a smart cities fund. Pictet-SmartCity aims to capture the strong growth potential of companies developing smart solutions that meet the challenges of increasing urbanisation. The objective is long-term capital growth by investing in companies around the world that are helping to develop the “cities of tomorrow”.
Pictet Asset Management is looking for those companies active mainly, but not exclusively, in the following areas: mobility and transportation, infrastructure, real estate, sustainable resources management, as well as enabling technologies and services supporting the development of better urban environments. The investible universe has three main segments: building the city, running the city and living in the city.