Pictet Asset Services appointed by Pareto Asset Management
19 February 2026 Switzerland
Image: photon_photo/stock.adobe.com
Pictet Asset Services, the asset servicing business line of the Pictet Group, has been appointed by Pareto Asset Management — an Oslo-based asset management arm of the Pareto Group — to provide custody, management company and fund administration services for its Luxembourg-domiciled UCITS umbrella fund.
Since 28 November 2025, Pictet Asset Services has been providing custody, fund administration, and governance services to the Luxembourg-domiciled UCITS umbrella fund — Pareto SICAV.
The fund comprises four subfunds and manages assets totalling €3.2 billion.
Marc Briol, CEO of Pictet Asset Services, says: “We are delighted that Pareto Asset Management, a leading figure in the Nordic asset management landscape, has chosen us as the new asset services provider for its UCITS umbrella fund.
“This mandate further expands our footprint in the region and strengthens our positioning in the segment of UCITS funds promoted by Nordic asset managers. We look forward to supporting Pareto Asset Management in its growth ambitions.”
Eric von Koss Torkildsen, CEO of Pareto Asset Management, adds: “We are pleased to announce our partnership with Pictet, the culmination of a selection process in which Pictet stood out for its service quality.
“This collaboration brings together our two institutions and our shared values of long-term thinking, client focus and responsible investing. We are confident that this partnership will create a robust foundation for sustainable success and long-term value creation for our clients.”
Since 28 November 2025, Pictet Asset Services has been providing custody, fund administration, and governance services to the Luxembourg-domiciled UCITS umbrella fund — Pareto SICAV.
The fund comprises four subfunds and manages assets totalling €3.2 billion.
Marc Briol, CEO of Pictet Asset Services, says: “We are delighted that Pareto Asset Management, a leading figure in the Nordic asset management landscape, has chosen us as the new asset services provider for its UCITS umbrella fund.
“This mandate further expands our footprint in the region and strengthens our positioning in the segment of UCITS funds promoted by Nordic asset managers. We look forward to supporting Pareto Asset Management in its growth ambitions.”
Eric von Koss Torkildsen, CEO of Pareto Asset Management, adds: “We are pleased to announce our partnership with Pictet, the culmination of a selection process in which Pictet stood out for its service quality.
“This collaboration brings together our two institutions and our shared values of long-term thinking, client focus and responsible investing. We are confident that this partnership will create a robust foundation for sustainable success and long-term value creation for our clients.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
