Pictet to administer Pareto’s Luxembourg UCITS fund

Pictet Asset Services has secured the mandate from Pareto Asset Management to oversee custody, absorption company, and money medication services for Pareto SICAV, a Luxembourg-domiciled UCITS umbrella fund.

The statement began successful November 2025.

Pictet Asset Services CEO Marc Briol said: “We are delighted that Pareto Asset Management, a starring fig successful the Nordic plus absorption landscape, has chosen america arsenic the caller plus services supplier for its UCITS umbrella fund.

“This mandate further expands our footprint successful the portion and strengthens our positioning successful the conception of UCITS funds promoted by Nordic plus managers. We look guardant to supporting Pareto Asset Management successful its maturation ambitions.”

The Pareto SICAV umbrella includes 4 subfunds, holding a combined €3.2bn ($3.7bn) successful assets.

The money is authorised for organisation crossed aggregate markets, including Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, the UK, Iceland, Italy (for nonrecreational investors), Netherlands, Norway and Sweden.

Pareto Asset Management CEO Eric von Koss Torkildsen said: “We are pleased to denote our concern with Pictet, the culmination of a enactment process successful which Pictet stood retired for its work quality.

“This collaboration brings unneurotic our 2 institutions and our shared values of semipermanent thinking, lawsuit absorption and liable investing. We are assured that this concern volition make a robust instauration for sustainable occurrence and semipermanent worth instauration for our clients.”

Pictet Group focuses exclusively connected wealthiness management, plus management, alternate investments and does not prosecute successful concern banking.

For the twelvemonth ending 31 December 2025, the radical recorded assets nether absorption oregon custody of SFr757bn ($987bn), up from SFr724bn successful 2024.

"Pictet to administer Pareto’s Luxembourg UCITS money " was primitively created and published by Private Banker International, a GlobalData owned brand.

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