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Pictet WM Europe CIO joins Julius Baer-owned firm

Pictet WM Europe CIO joins Julius Baer-owned firm

Industry stalwart Pio Benetti has joined Italian group Kairos from Pictet Wealth Management Europe to serve as its new head of asset management.

Milan-based Benetti was most recently chief investment officer for the Swiss private bank’s European wealth management operations.

In his new capacity, Benetti will be charged with overseeing asset management operations and work closely with Kairos Group’s private customers.

He brings with him 25 years of investment experience, which involves roles as a fund manager, head of asset allocation and chief investment officer posts across Italian and Swiss firms.

Commenting on his new role, Benetti said: ‘Money management is the art of subtly balancing analysis and creativity. Kairos is an entrepreneurial business and has active management as a key element, which I am looking forward to developing.’

The banking group Julius Baer increased its stake in Milan-based Kairos Investment Partners to 80% in April 2016.

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