BIPPO Signs Strategic Investment and Asset Management Partnership with Pictet Asset Management
Date : 30/09/2022
Recently, BIPPO Group entered into an investment and asset management cooperation agreement with Pictet Asset Management, a subsidiary of the Pictet Group, which boasts a heritage of more than 200 years in Switzerland. This partnership marks a significant milestone, adding another distinguished global partner to support the trust and asset management services of BIPPO Family Office, a member of BIPPO Group.
Pictet Asset Management is a globally renowned Swiss asset management platform with a long-standing legacy, while BIPPO Group has grown in tandem with the rapid development of China’s private wealth management market, establishing itself as a boutique multi-family office and trust group.
This collaboration represents BIPPO Family Office’s first partnership with a leading European asset management institution, following previous alliances with insurance group asset management teams and public mutual fund managers. The addition of Pictet Asset Management will greatly enhance BIPPO’s capabilities in trust asset allocation across key ESG investment themes — including green and clean energy, water resources, and global environmental sustainability — while strengthening its access to multi-asset and total return strategies in the European market. Through this partnership, BIPPO Family Office aims to provide its trust clients with broader, cost-efficient, and stable global investment options, further diversifying risk and reinforcing its commitment to responsible, forward-looking wealth management.
At the partnership launch ceremony, Ms. Elizabeth Zheng, Chief Executive Officer of BIPPO Group, and Ms. Junjie Watkins, Equity Partner and Chief Executive Officer, Asia (ex-Japan) of Pictet Asset Management, exchanged the signed cooperation agreement on behalf of both parties and shared their vision and expectations for future collaboration.
China’s private wealth management industry remains a relatively young market, and its high-net-worth families are now facing the first large-scale intergenerational wealth transition in the country’s modern history. As international institutions continue to explore China’s vast market potential, the ability to deeply understand and respond to the unique family dynamics, cultural values, and economic contexts of Chinese clients has become essential to enhancing the quality and longevity of service relationships — setting higher standards for global professional service providers.
This collaboration marks not only the beginning of a new partnership, but also a shared commitment to a common vision. As the saying goes, “It is the strong grass that withstands the fiercest wind.” Even amid market fluctuations and external uncertainties, both parties will remain steadfast — loyal, diligent, and efficient — in delivering consistent, high-quality service, upholding the principles of financial stability, and honouring every promise made to clients.
Looking ahead, BIPPO Group and Pictet Asset Management embark together on a new journey — sailing across mountains and seas, across time itself — to safeguard wealth and preserve happiness for generations to come.
Ms. Chris Zhou, Director of BIPPO Group and Head of Trust Department;
Ms. Nata Tsang, Director and Chief Financial Officer;
Ms. Elizabeth Zheng, Chief Executive Officer;
Ms. Junjie Watkins, Equity Partner and CEO Asia (ex-Japan), Pictet Asset Management;
Ms. Heather Bao, Investment Marketing Department;
and Ms. Cecile Zhao, Investment Marketing Department.