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Pictet gears up for launch of Agriculture fund

Pictet Funds is adding to its range of thematic funds by launching an Agriculture fund at the end of this month.

By James Kenny | Published May 19, 2009 | comments

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Pictet said it launched the fund in light of the fact the world's population was expected to grow by nearly 40 per cent between 2005-50, according to a December 2007 World Bank estimate.

The fund will invest in companies that are geared towards energy efficiency and help to supply food for the global population.

These companies would include manufacturers of farm machinery, quality seeds, crop protection techniques and fertilisers.

The portfolio will be run by Gertjan van der Geer, who joined Pictet from Robeco last September.

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