Pictet Asset Management SA is registered with the FINMA and the US SEC which have similar requirements for the identification and management of conflicts of interest. This includes the requirement to make full and fair disclosure to clients of all material facts about the advisory relationship, particularly regarding conflicts of interest.
Pictet Asset Management SA is required to:
a) take all reasonable steps to identify conflicts of interest between:
(i) us (including our staff or any person directly, or indirectly linked to us by control) and a client, or
(ii) one client and another
b) maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to prevent conflicts of interest from constituting or giving rise to a material risk of damage to the interests of our clients.
c) establish, implement and maintain an effective written conflicts of interest policy which identifies those conflicts of interest which constitute or may give rise to a conflict of interest entailing a material risk of damage to the interests of one or more clients and the procedures which are followed to manage such conflicts.