Pictet Launches AI-Enhanced Emerging Markets Equity ETF in Europe

Pictet Asset Management has launched the Pictet AI Enhanced Emerging Equity UCITS ETF (PQEM), expanding its European range of AI-driven active equity ETFs to five funds. Listed on Xetra, Borsa Italiana, SIX Swiss Exchange and the London Stock Exchange, the ETF uses Pictet’s proprietary AI model for stock selection, combined with automated portfolio optimization and oversight from quantitative investment specialists. PQEM aims to outperform its benchmark by approximately 1% annually after fees, while maintaining a targeted tracking error of up to 2% and a market beta of 1.0. The model is retrained quarterly and designed to generate returns independently of traditional investment factors. The fund carries a total expense ratio of 0.30%. Pictet reports that its AI Enhanced range has attracted more than $750 million since launch, while its broader active ETF platform has surpassed $1 billion in assets.