26 July 2017
Leading asset manager Pictet Asset Management has appointed Doc Horn as Head of Total Return Equities, with effect from 1st July 2017. Based in London, he will report to Philippe de Weck, Chief Investment Officer, Equities.
Previously at UBS O’Connor, the hedge fund manager, Doc spent eleven years managing equity long-short portfolios and heading investment teams.
At Pictet Asset Management, he will oversee seven equity long-short teams based in Geneva, London, Tokyo, Singapore and Hong Kong.
Philippe de Weck, CIO Equities, said, “Doc joins a business that is one of the 10 largest UCITS hedge fund managers in Europe and among the region’s top 20 hedge fund managers.* In a low return environment, his appointment reflects our commitment to total return strategies.”
At 30 June 2017, Pictet Asset Management’s Total Return fund range had assets under management of USD 7.4 billion, invested in seven long-short strategies. The range includes the following long-short funds: Atlas (global equity), Corto (Europe equity), Mandarin (Greater China equity), Kosmos (global credit) and market neutral funds Agora (European equity), Alphanatics-Diversified Alpha (multi-strategy) and Phoenix (Asian equity).
*Sources: Hedge Fund Intelligence (HFI), 1 Jan 2017; HFI Global Billion Dollar Club, 1 Jan 2017