Pictet’s Philippe de Weck has stepped down as manager of the Pictet Clean Energy fund, Citywire reports. Weck has been appointed as the head of equities total return by Pictet. The sustainable fund will now be managed by current co-manager, Luciano Diana. Xavier Chollet has been appointed as the new co-manager of the fund. Since the start of 2011, the Pictet Clean Energy fund has returned 10.2%.
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