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LONDON - Picktan Capital, a London-based wealth management firm, announced that its Multi-Asset Defensive Growth Fund achieved a 12.27% return in the first quarter of 2025, marking the fund’s strongest quarterly performance since its inception in 2018. The firm, which manages over $7 billion in assets and serves a global client base, attributes the fund’s success to its diversified asset allocation model and agile strategy in the face of current geopolitical and macroeconomic challenges.
The fund, which has been a mainstay of Picktan Capital’s offerings since 2018, is designed to provide capital appreciation and protect against downside risk during market volatility. It has consistently outperformed traditional benchmarks, boasting an average annual return of 18.27% since its launch.
Despite a climate of heightened volatility due to rising political tensions and trade concerns, the Multi-Asset Defensive Growth Fund’s recent performance underscores the demand for strategies that can navigate complex market conditions. In June 2024, the fund was capped at $1 billion in assets under management due to strong inflows and has since been closed to new investors. However, Picktan Capital is considering options to reopen the fund to meet the growing interest from investors, particularly in Europe.
Richard Hart, Head of Global Trading at Picktan Capital, commented on the fund’s performance, highlighting the team’s flexibility, data-driven decision-making, and disciplined risk management as key factors in achieving the record-breaking returns.
While the fund is not currently open to new investors, the firm is expected to provide a mid-year review in June 2025, which may offer further insights into its potential reopening and investment strategies for the remainder of the year.
This report is based on a press release statement from Picktan Capital.
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