Enhanced management report
View of positions based on the new classification of assets
As we recently announced, the standard classification of asset classes has been enhanced to bring it more into line with best market practices. Already available in the “Positions” and “Performance and contribution by position” views in Pictet Connect, as well as in the financial statements, this new classification is now available in the management report.
What are the main changes?
Cash
The cash legs of derivatives are now grouped in a specific class called “Cash equivalent derivatives”.
Fixed Income
This new class includes bonds, convertible bonds, bond options and bond funds. In each of these categories, assets are then broken down by currency.
Equities
Equities are first classified by type of market and region, and then by country.
Alternative Investments
This new class includes hedge funds, private equity, real estate, commodities and structured products. Hedge funds are then classified by strategy, and real estate by country.
Mixed Funds
This new class includes funds made up of multiple asset classes, such as balanced funds.
Other
This new class includes all other holdings that do not fall under the above classes.
Remark: bonds can be easily viewed by maturity using the following classification
Remark: bonds can be easily viewed by maturity using the following classification
Until the new classification has been integrated into all the pages of Pictet Connect and the Management Report, it will still be possible to view positions according to the old classification.
Until the new classification has been integrated into all the pages of Pictet Connect and the Management Report, it will still be possible to view positions according to the old classification.