Pictet blasts herd mentality that permitted Madoff

Why invest in managers you can't meet, says awards winner


Pictet Alternative Advisors achieved three coveted awards at this year's Hedge Funds Review 13th European Fund of Hedge Funds (FoHF) Awards 2014, winning Best Distressed Securities FoHF with the Pleiad Credit Opportunities fund; the Best Global Macro FoHF with its Mosaic Trading fund; and Best Long/Short Equity FoHF with World Equity Hedge, a global long/short fund of funds.

Pictet has been in the hedge fund business since the early 1990s, launching its award-winning flagship fund Mosaic in 1994