Swiss-based Pictet Asset Management has expanded its multi-asset offering with the launch of its Emerging Markets Multi Asset Fund.

The fund offers a single asset allocation solution to investing in emerging markets. The fund invests in equities, sovereign bonds, credit, commodities, real estate, money markets and currencies.

The firm believes that in a lower return environment emerging markets offer the best long-term returns globally. The fund seeks to remove the pressure of how, when and where to allocate within emerging markets.

The strategy is co-managed by Shaniel Ramjee and Marco Piersimoni, leveraging Pictet Asset Management’s proven multi asset expertise. The investment team aim to maximise the return potential of emerging markets, while seeking to control draw-downs typical of emerging markets.

The fund has been seeded with over $50 million after a short pre-launch marketing campaign.

Olivier Ginguené, CIO, multi-asset and quantitative investment said in a statement: “We believe, in the long-term, emerging markets offer the best value for investors. However, emerging markets can be subject to higher levels of volatility, making asset allocation decisions difficult for investors. Our new strategy aims to take the stress out of that process for the investor, by taking those decisions on their behalf and smoothing returns across the economic cycle.”

The new fund is a Luxembourg domiciled UCITS fund. The fund is registered for sale in Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, Netherlands, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.