Pictet appoints new CEO

Pictet Asset Management has appointed Nick Mustoe as chief executive officer head of equities. Prior to joining Pictet, Mustoe held the same position with Hermes Pensions Management since 2001. Mustoe will start his new position from 1 July and will take over from Nicholas Johnson who is taking the newly created role of chairman of Pictet, where he will have the mandate to give input on tactical asset allocation and to advise the company's partners on the continued development of the

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