Pictet Asset Management’s US ETF platform has reached a new milestone, with the Pictet AI Enhanced US Equity ETF (PQUS) surpassing $100m in assets under management just six months after launch. The milestone signals early investor traction for Pictet’s expansion into the US ETF market. PQUS uses an AI-enhanced investment approach to provide exposure to US equities, combining Pictet’s investment expertise with quantitative technology. Pictet said the growth reflects strong early client support as it looks to build the next phase of its US ETF business.