Pictet's wealth management arm has bolstered its discretionary portfolio management unit with the hire of a former Julius Baer executive, finews.asia has learned. 

Tina Yu joins Pictet Wealth Management as its head of discretionary portfolio management (DPM) fixed income Asia, according to an internal memo seen by finews.asia.

Based in Singapore, she reports to Asia chief investment officer Alexandre Tavazzi.

Yu has over 25 years of experience, most recently as the head of Asian fixed income at Julius Baer where she managed a team of portfolio managers in the region. Previously, she was the co-head of asset allocation at Singapore family office Wah Hin and Co as well as a portfolio manager at Investment Company of P.R.C. (ICPRC) Singapore, a wholly-owned subsidiary of China’s State Administration of Foreign Exchange (SAFE).

A spokesperson for the bank confirmed the contents of the memo.