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Pictet Asset Management Lifts Japan Weighting to About 10%

The fund’s allocation shift followed the U.S. midterm elections as it searched for opportunities beyond companies closely tied to artificial intelligence.

By Enna Lee
Published
A hand moves a red block toward miniature Japanese office buildings / TokenPost.ai
A hand moves a red block toward miniature Japanese office buildings / TokenPost.ai

Pictet Asset Management raised the Japan weighting in its Dynamic Allocation fund to about 10%, increasing its exposure to Japanese equities while looking outside companies closely tied to artificial intelligence.

The allocation shift followed the U.S. midterm elections. The fund is seeking opportunities beyond firms closely connected to AI.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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