Pictet Asset Management (Singapore) Pte Ltd (Singapore)


Pictet Asset Management (Singapore) Pte Ltd is a large advisory firm based in Singapore. It manages $7.18 billion of regulatory assets for 34 client accounts. It has been registered with the SEC as an adviser since 2013.

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Pictet Asset Management (Singapore) Pte provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Pictet Asset Management (Singapore) Pte: assets under management

The assets under management (AUM) of Pictet Asset Management (Singapore) Pte Ltd is $7.18 billion. The firm's AUM has gone down by -26% since the beginning of its operation, and $7.01 billion of the total AUM is attributable to clients outside of the United States.


The firm manages $4.13 billion in discretionary accounts and $3.05 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $147.45 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $508.49 million.

Investments

The firm invests in sovereign bonds the most. They account for 41% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 35% of the firm’s portfolio. Investments in investment grade corporate bonds form 23% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pictet Asset Management (Singapore) Pte Ltd for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Nigel John Burnham serves?

The firm provides services to investment companies, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Nigel John Burnham is pooled investment vehicles with 22 clients and $6.31 billion of assets under management. Among the 9 most similar advisory firms, Pictet Asset Management (Singapore) Pte has the 4th highest percentage of pooled investment vehicles out of all clients.


The amount of regulatory assets under management is $7.18 billion for 28 clients. 73% of the firm’s clients are foreign persons or businesses.

Pictet Asset Management (Singapore) Pte also advises several private funds.

Careers at Pictet Asset Management (Singapore) Pte Ltd

The company employs 26 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 7 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Nigel John Burnham has been acting as President since 1 Aug 2012. Pictet Asset Management Holding Sa joined the executive team most recently as the Direct Shareholder.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Nicolas Christian Tschopp Chief legal officer 1 Mar 2011 Other 6760312
Nigel John Burnham Director 1 Aug 2012 Other 2898887
John Alexander Sample Director 1 Aug 2012 Other 5628297
Sebastien Auguste Eisinger Director 1 Aug 2012 Other 5413267
Phillipe Louis Petit Director 1 Aug 2012 Other 6165439
Wee Ming Ting Director / ceo 1 Aug 2012 Other 6165438
Pictet Asia Pte Ltd Direct shareholder 1 Sep 2012 75% - 100% foreign
Pictet Holding Llp Ultimate parent entity 1 Sep 2012 75% - 100% foreign
Melaine Yen Nee Tan Chief compliance officer 1 Jan 2013 Other 6165443
Melaine Yee Nee Tan Chief compliance officer 1 Jan 2013 Other 6165443
Christele Yvette Hiss Holliger Chief executive officer and director 1 Sep 2015 Other 6617748
Cedric Jean Vermesse Director 1 Mar 2017 Other 6464647
Shin Yin Lee Director and chief executive officer 1 Nov 2017 Other 6913953
John Alexander Sample Director and chief risk officer 1 Sep 2018 Other 5628297
Pictet Asset Management Holding Sa Direct shareholder 1 Apr 2019 75% - 100% foreign

Indirect Owners

The SEC currently registers 25 indirect owners.

Name Entity Date acquired Ownership Employer ID
Pictet Asia (Pte) Limited Shareholder 1 Aug 2012 75% - 100% foreign
Philippe Bertherat Partner 1 Sep 2012 Other 4052236
Jacques Joseph De Saussure Partner 1 Sep 2012 Other 2131433
Nicolas Lucien Pictet Partner 1 Sep 2012 Other 4052234
Jean Francois Demole Partner 1 Sep 2012 Other 4052238
Renaud Fernand De Planta Partner 1 Sep 2012 Other 4052240
Remy Antoine Best Partner 1 Sep 2012 Other 4622250
Bertrand Francois Lambert Demole Partner 1 Sep 2012 Other 5879364
Marc Philippe Pictet Partner 1 Sep 2012 Other 5879363
Jacques Joseph De Saussure Partner 1 Oct 2013 Other 2131433
Nicolas Lucien Pictet Partner 1 Oct 2013 Other 4052234
Jean Francois Demole Partner 1 Oct 2013 Other 4052238
Renaud Fernand De Planta Partner 1 Oct 2013 Other 4052240
Remy Antoine Best Partner 1 Oct 2013 Other 4622250
Bertrand Francois Lambert Demole Partner 1 Oct 2013 Other 5879364
Marc Philippe Pictet Partner 1 Oct 2013 Other 5879363
Pictet & Partners Shareholder 1 Oct 2013 75% - 100% foreign
Pictet & Cie Group Sca Shareholder 1 Oct 2013 50% - 75% foreign
Pictet (London) Limited Shareholder 1 Oct 2013 25% - 50% foreign
Pictet International Limited General partner 1 Oct 2013 Other foreign
Fingest Canada General partner 1 Oct 2013 Other foreign
Pictet Canada Lp Shareholder 1 Oct 2013 75% - 100% foreign
Pictet Asset Management Holding Sa Shareholder 1 Oct 2013 75% - 100% foreign
Philippe Bertherat Partner 1 Oct 2013 Other 4052236
Pictet London Limited Shareholder 1 Oct 2013 25% - 50% foreign

Based in Singapore

The principal office where Pictet Asset Management (Singapore) Pte Ltd performs its advisory services is located at 10 Marina Boulevard 22 01, Singapore, 018983, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number +65 6 536 18 05 or by fax +65 6 536 39 85. The normal business hours are 8:30 to 6.00 on Monday - Friday. You can find more information about the New York firm at pictet.com.