Key Takeaways
- • Pictet Asset Management appointed Rick Bisignano as U.S. head of distribution, effective immediately, to expand its client base in the United States.
- • Bisignano will lead institutional business development and client relations with public and corporate pension sponsors, endowments, foundations, investment consultants and outsourced CIO providers.
- • Bisignano reports to Elizabeth Dillon, CEO of Pictet Asset Management USA, and previously led the east region institutional client group at Allspring Global Investments and was a managing director and northeast region lead at Wells Fargo Asset Management.
- • Pictet managed $343 billion in assets worldwide as of September 30.
Summary
Pictet Asset Management announced on Tuesday the appointment of Rick Bisignano as U.S. head of distribution, effective immediately, as the firm seeks to grow its client base in the United States. The move is aimed at deepening its institutional presence in the U.S. market.
In the new role, Bisignano will be responsible for institutional business development and client relations with public and corporate pension fund sponsors, endowments and foundations, investment consultants and outsourced CIO providers. He will report to Elizabeth Dillon, CEO of Pictet Asset Management USA.
Bisignano previously served as head of the east region institutional client group at Allspring Global Investments and was a managing director and northeast region lead at Wells Fargo Asset Management. He holds a bachelor's degree in business administration from the University at Buffalo.
In a statement, Bisignano said institutional investors are rethinking portfolio construction and seeking partners with global depth and a long-term perspective, citing Pictet's more than 200-year history as an independent, partner-owned firm. Dillon said Bisignano brings deep knowledge of the U.S. institutional market and long-standing relationships with asset owners and consultants, which she described as essential as Pictet brings more of its global capabilities to American institutions.
Pictet managed $343 billion in assets worldwide as of September 30.
In the new role, Bisignano will be responsible for institutional business development and client relations with public and corporate pension fund sponsors, endowments and foundations, investment consultants and outsourced CIO providers. He will report to Elizabeth Dillon, CEO of Pictet Asset Management USA.
Bisignano previously served as head of the east region institutional client group at Allspring Global Investments and was a managing director and northeast region lead at Wells Fargo Asset Management. He holds a bachelor's degree in business administration from the University at Buffalo.
In a statement, Bisignano said institutional investors are rethinking portfolio construction and seeking partners with global depth and a long-term perspective, citing Pictet's more than 200-year history as an independent, partner-owned firm. Dillon said Bisignano brings deep knowledge of the U.S. institutional market and long-standing relationships with asset owners and consultants, which she described as essential as Pictet brings more of its global capabilities to American institutions.
Pictet managed $343 billion in assets worldwide as of September 30.
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