Business Description
Pictet Asset Management runs this U.S.-based exchange traded fund, which focuses on bonds and other debt instruments issued by governments and companies in emerging markets around the world. The fund primarily holds U.S. dollar-denominated securities, along with some euro-denominated debt converted to dollars, and works with several co-managers across the U.S. and Singapore. Its investment team selects securities one by one based on careful research, aiming to outperform the JP Morgan EMBI Global Diversified Index.
