Monday 26, April 2010 by
Pictet Funds launches the PTF(LUX)-Corto Europe fund
Pictet Targeted Funds (LUX)-Corto Europe is a UCITS III European long/short equity fund registered for distribution in the EU which invests mainly in Continental Europe. It will be managed following an absolute-return approach similar to the Corto European Fund registered in the Cayman Islands. Launched in August 2006, this latter fund now has €212 million ($283.4 million) in total assets and has outperformed the MSCI Europe index by nearly 50 per cent.
