Pictet AM launches Global Real Assets Dividend, targeting inflation-resilient income from listed real assets

Pictet Asset Management has launched Pictet-Global Real Assets Dividend today, a global equity strategy designed to give investors an inflation-resilient source of dividend income alongside long-term capital growth.

The fund is run by senior portfolio managers James Wigley, Bruno Lippens and Josephine Moore, together with portfolio manager Lucia Macaccaro, and builds on a similar strategy Pictet has managed for Japanese investors for over 20 years, which now holds $8.5 billion in assets.

Listed companies backed by irreplaceable physical assets

The strategy prioritises individual company research to build a portfolio of between 40 and 60 global listed companies that own or operate physical real assets. These span utilities, energy and transport infrastructure, real estate, materials and other asset-intensive activities.

According to Pictet AM, companies backed by real assets face higher barriers to entry and are less vulnerable to disruption from artificial intelligence (AI).

The earnings and dividends distributed by companies that own high-quality physical assets tend to be linked to inflation and grow in line with it. By focusing on companies with irreplaceable real assets, such as energy, pipelines or toll roads, Pictet-Global Real Assets Dividend provides investors with defensive earnings and a diversified source of returns.

James Wigley, Senior Portfolio Manager, Pictet-Global Real Assets Dividend, Pictet Asset Management

Listed infrastructure has been gaining ground in professional portfolios, a trend RankiaPro explored in its recent analysis of the BNY Mellon Global Infrastructure Income fund.

A team with two decades of dividend-focused infrastructure experience

The investment team has an average of 18 years of industry experience and a track record of managing dividend-focused infrastructure strategies.

The launch expands Pictet AM's range of specialised equity strategies. As of October 2026, the asset manager oversaw $353 billion across 18 locations worldwide.

Key features of the fund

Pictet-Global Real Assets Dividend is a UCITS fund domiciled in Luxembourg, with daily valuation and liquidity. It is registered in Spain and transferable without fiscal toll.