Pictet Group has announced the appointment of Raymond Sagayam as the 47th Managing Partner in the 218-year history of the firm, effective 1 January 2024.
Sagayam joined Pictet Asset Management in 2010 as head of total return fixed income to build and expand the firm’s long-short credit capabilities. His investment and management track record led him to be appointed chief investment officer of fixed income and a member of its executive committee in 2017.
He was named Equity Partner of the Group in 2018 and Head of PAM London in 2022. Prior to joining Pictet, Raymond was a Managing Director at Swiss Re Asset Management in London. He has more than 25 years of industry experience, with a focus on fixed income investing across all major geographies.
“We’re very pleased to invite Raymond to join the Board of Partners. He is a citizen of the world, but above all, he is a Pictet person with great expertise and team spirit,” said Renaud de Planta, Senior Managing Partner at Pictet, in a statement. “As we build our partnership for the next generation, he adds further investment leadership, international perspective and positive energy.”
Sagayam grew up in Washington D.C., Kuala Lumpur, Beijing, Singapore and London. He holds a Bachelor’s degree in Economics from the London School of Economics & Political Science (LSE) and a Master’s in Contemporary Theology from the University of London. He is also a Chartered Financial Analyst.
The appointment is pending formal regulatory approval.