Pictet Asset Management Launches Robotics Fund

Pictet Asset Management, a pioneer in thematic investing, has announced the launch of Pictet-Robotics, one of the first funds of its kind to invest in robotics and artificial intelligence technologies.

A Luxembourg Sicav, the fund aims to capitalise on the growth of an industry that is forecast to expand as much as four times faster than the global economy over the next decade.

Advances in IT, such as cloud computing and the emergence of powerful new microprocessors, are revolutionising robotics and automation technologies, which are expanding beyond the factory floor into our everyday lives.

Modern robotic devices are now equipped with a remarkable capacity to sense, gather, process and act on information, endowing them with dexterity, versatility and cognition.

Robots that can detect changes in facial expressions and tones of voice are being used in services and security industries. In the health care industry, sophisticated robots already assist surgeons in complex procedures, while in transport smart sensor technology is being deployed in driverless cars.

Karen Kharmandarian, Senior Investment Manager, Thematic Equities, said, “Robots have long been used in factories to automate dangerous, dirty or dull tasks. But the pace of invention is accelerating as robots are becoming indispensable to our professional and personal lives. Companies active in robotics seem bound to enjoy strong growth from this new wave of innovation”.

The Robotics fund is the most recent addition to Pictet Asset Management’s range of thematic strategies which already include, among others, specialist funds in digital communication, security, health and water. Thematic funds allow investors to capitalise on long-term socio-economic trends shaping our world.

The official launch date of Pictet-Robotics is 8th October 2015 and the initial subscription period for the fund is 2-7 October.

The fund is currently registered in the following countries: Austria, Belgium, Cyprus, Denmark, Finland, France, Germany, Greece, Liechtenstein, Luxembourg, Netherlands, Portugal, Spain, Sweden and the UK. It will be available in other countries soon.


Top stories from across the globe

  • Hazel Moore: Banks Are Completely Wasting Valuable Customer Data
  • Morgan Stanley CEO Makes First-Ever Stock Sales After Bank Rally
  • Former Goldman's Partner in Boutique Venture
  • Hong Kong and Singapore in Push for Fee Transparency

PHOTO GALLERIES Networking Event Networking Event

Show pictures

stars China Symposium 2016

stars China Symposium 2016

Show pictures

Compare my salary

Compare my salary

Feeling Underpaid? Benchmark your salary by job title, company and location. Find out where you stand in minutes.

compare my salary


Newsletter-SymbolFree Subscription

Subscribe to our free newsletter and receive daily email alerts from the finews editorial team with a list of the top featured articles.

Share with us

Do you have any market intelligence to share with – email us on – All communication is completely confidential and strictly anonymous.