PCTHF News & Analysis

Pictet (PCTHF) Appoints Kelvin Tay as CIO for Asia

Pictet Wealth Management has appointed Kelvin Tay as the chief investment officer (CIO) for Asia, effective immediately. Tay previously served as CIO for South Asia Pacific at UBS Wealth Management and has over two decades of experience in the sector. Pictet reported assets under management of SFr757 billion ($987 billion) for the year ending December 31, 2025, a 4.5% increase from SFr724 billion in 2024. The group also recorded a consolidated profit of SFr667 million in 2025, indicating stability in financial performance.