Pictet Joins $13T ETF Race With A Trio of Funds

BloombergMonday, October 27, 2025 at 6:20:51 PM
Pictet Joins $13T ETF Race With A Trio of Funds
Pictet has made a significant move by launching three new US ETFs, focusing on artificial intelligence and the clean economy. This is an exciting development as it shows Pictet's ambition to carve out a space in the competitive US ETF market, which is currently saturated with over 4,500 products. With more than $800 billion in assets under management, including $330 billion in its asset-management division, Pictet's entry could shake things up and offer investors fresh options. Liz Dillon, CEO of Pictet Asset Management USA, shared insights on this strategic launch during a discussion on Bloomberg.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Asia Stocks Cool As Trump Meets Takaichi in Tokyo | The Asia Trade, 10/28/25
NeutralFinancial Markets
Asia's stock markets are experiencing a cooling period as former President Trump meets with Japanese Finance Minister Takaichi in Tokyo. This meeting is significant as it could influence trade relations and market dynamics in the region. Bloomberg's coverage, featuring insights from Paul Allen and Avril Hong, aims to keep investors informed about the implications of such high-profile discussions on global markets.
Malcolm Turnbull Joins Global AI Board at Rohirrim
PositiveFinancial Markets
Former Australian Prime Minister Malcolm Turnbull has joined the International Advisory Board of AI company Rohirrim, marking a significant step in his involvement with artificial intelligence. In a conversation with Rohirrim CEO Stephen Aberle on Bloomberg, Turnbull discussed his new role and the company's vision to transform Australia's procurement processes through AI. This development is important as it highlights the growing influence of AI in government and business, potentially leading to more efficient practices in Australia.
IRENA: Renewables Deployment Uneven Across Regions
NeutralFinancial Markets
Francesco La Camera, the Director-General of the International Renewable Energy Agency, highlighted the uneven distribution of renewable energy deployment and investment across different regions during an interview at the Singapore International Energy Week 2025. This issue is significant as it underscores the challenges in achieving global sustainability goals and ensuring equitable access to clean energy, which is crucial for combating climate change.
Trump Reaffirms US-Japan Partnership
PositiveFinancial Markets
President Donald Trump has reaffirmed the strong alliance between the United States and Japan, highlighting the importance of this partnership in today's global landscape. He praised Japan's new Prime Minister Sanae Takaichi for her commitment to increasing defense spending, which is crucial for regional security. This collaboration not only strengthens military ties but also enhances economic cooperation, making it a significant development for both nations.
Investors Await Clarity After Xi-Trump Meet: UBS’s Tay
NeutralFinancial Markets
Investors are eagerly awaiting insights from the upcoming meeting between Donald Trump and Xi Jinping, as highlighted by Kelvin Tay from UBS. This meeting is crucial because it could shape economic policies and market dynamics, impacting global investments and trade relations.
PensionBee CEO on Reshaping Investing for Retirement
PositiveFinancial Markets
Romi Savova, the CEO of PensionBee, is making waves in the retirement investment space by helping consumers streamline their retirement savings into a single online account. This approach not only simplifies managing multiple funds but also empowers individuals to take charge of their financial futures. During her conversation on 'The Close' with Romaine Bostick and Katie Greifeld, she emphasized that ETFs are the way forward for financial services, highlighting a shift towards more accessible and efficient investment options.
Top Economists on Why Personal Finance is Broken
NegativeFinancial Markets
Top economists, including Tarun Ramadorai from the Reserve Bank of India, are raising concerns about the personal finance system, which is currently focused on selling unnecessary products rather than meeting genuine needs. This misalignment of incentives is problematic and calls for urgent reforms to ensure that financial services truly benefit consumers. Understanding these issues is crucial as they affect how individuals manage their finances and make informed decisions.
Tariffs ‘A Form of Economic Warfare': CFR's Haass
NegativeFinancial Markets
Richard Haass, the former president of the Council on Foreign Relations, has raised concerns about countries shifting their economic strategies away from the United States. In a recent discussion, he highlighted that nations are actively seeking to lessen their reliance on U.S. products, which he describes as a form of economic warfare. This trend is significant as it could reshape global trade dynamics and impact the U.S. economy.
Latest from Financial Markets
BT Group considers launching low-cost mobile brand - report
PositiveFinancial Markets
BT Group is reportedly exploring the launch of a low-cost mobile brand, which could significantly impact the telecommunications market by providing more affordable options for consumers. This move is seen as a response to increasing competition and the demand for budget-friendly mobile services, potentially reshaping how customers choose their mobile providers.
Sona BLW Precision stock rating upgraded by BofA on growth trajectory
PositiveFinancial Markets
Sona BLW Precision's stock has received an upgrade from Bank of America, reflecting a positive outlook on the company's growth trajectory. This upgrade is significant as it indicates investor confidence in Sona BLW's future performance, potentially attracting more investors and boosting the stock's value. Such ratings can influence market perceptions and trading behaviors, making this news particularly relevant for stakeholders.
Dollar slips as traders brace for Trump-Xi, central bank meetings
NeutralFinancial Markets
The dollar has slipped as traders prepare for upcoming meetings between Trump and Xi, as well as central bank discussions. This situation is significant as it reflects the market's uncertainty and anticipation regarding potential economic policies and international relations that could impact currency values.
HSBC third-quarter profit slides on Madoff charges, but lifts income outlook
NegativeFinancial Markets
HSBC reported a decline in its third-quarter profits due to charges related to the Madoff scandal, which has raised concerns among investors. Despite this setback, the bank has lifted its income outlook, indicating a potential recovery. This news is significant as it highlights the ongoing impact of past financial scandals on major institutions while also showing that HSBC is optimistic about its future earnings.
Trump praises Japan's 'great' female leader in talks on trade, critical minerals
PositiveFinancial Markets
In a recent meeting, Trump expressed admiration for Japan's female leader, highlighting her role in fostering strong trade relations between the two nations. This is significant as it underscores the importance of gender representation in leadership and its impact on international diplomacy. The discussions also focused on critical minerals, which are vital for technology and energy sectors, indicating a collaborative approach to economic growth.
MBS, Larry Fink, Jamie Dimon Among Attendees at FII Conference in Riyadh
PositiveFinancial Markets
The Future Investment Initiative (FII) conference in Riyadh attracted high-profile attendees including Saudi Crown Prince Mohammed bin Salman (MBS), Larry Fink of BlackRock, and Jamie Dimon of JPMorgan Chase. This gathering is significant as it showcases Saudi Arabia's commitment to diversifying its economy and attracting global investment, highlighting the kingdom's strategic role in shaping future financial landscapes.