Pictet Hires Flury, Storni as Health-Care Specialists in Zurich

Oct. 16 (Bloomberg) — Pictet Asset Management Ltd. hired Nathalie Flury and Tazio Storni as health-care specialists in Zurich, according to Sarah Weigall, a spokeswoman for the company.

Flury managed health-care and biotechnology funds at Swiss & Global Asset Management AG before joining Pictet in October, according to her LinkedIn profile. Storni, formerly at Bellevue Asset Management AG, was also hired this month, the London-based spokeswoman said.

Geneva-based Pictet joins Goldman Sachs Group Inc. and Aviva Plc in hiring multi-asset managers and executives in Europe as they look to open new funds to meet demand that has accelerated since the global financial crisis.

Pictet has said that Baring Asset Management Ltd.’s former head of multi assets, Percival Stanion, will join the firm in London to help open a new set of funds.

–With assistance from Giles Broom in Geneva.

To contact the reporters on this story: Trista Kelley in London at [e-mail]; Sofia Horta e Costa in London at [e-mail] To contact the editors responsible for this story: Cecile Vannucci at [e-mail] Alan Soughley, Srinivasan Sivabalan