Pictet Asset Management appoints Benjamin Becker as Head of US ETF Distribution
MWN-AI** Summary
Pictet Asset Management, an arm of the Geneva-based Pictet Group managing over $800 billion in assets, has appointed Benjamin Becker as Head of US ETF Distribution. Located in New York City, Mr. Becker will spearhead the firm’s strategy for exchange-traded funds (ETFs) across the United States, a key role given Pictet's expansion with the launch of its first U.S.-listed ETFs. This strategic move represents a milestone for the firm in terms of distributing its institutional investment expertise to a wider audience of advisors and investors.
Elizabeth Dillon, CEO of Pictet Asset Management (USA), expressed confidence in Mr. Becker's ability to connect with clients, noting his deep understanding of the ETF landscape. Becker brings over a decade of experience, previously serving as Vice President and ETF Specialist at Goldman Sachs Asset Management, where he worked closely with advisors and institutions. His earlier career included significant roles at WisdomTree Asset Management, HSBC, E*TRADE, and Merrill Lynch, contributing to his extensive experience in the ETF and wealth management sectors.
As Pictet enhances its U.S. presence, it recently launched three actively managed ETFs: the Pictet AI Enhanced International Equity ETF (PQNT), Pictet Cleaner Planet ETF (PCLN), and Pictet AI & Automation ETF (PBOT). These funds are designed to offer innovative AI-driven, quantitative, and thematic strategies tailored for the U.S. market. Mr. Becker highlighted the importance of this expansion in delivering sophisticated investment solutions and bridging Pictet's global expertise with the opportunities available in the U.S. ETF market. His leadership will be pivotal in navigating growth during this transformative period for the firm.
MWN-AI** Analysis
Pictet Asset Management's recent appointment of Benjamin Becker as Head of US ETF Distribution is a strategic move reflecting the firm’s ambition to deepen its engagement in the rapidly evolving U.S. ETF market. As the firm prepares to launch its inaugural U.S.-listed ETFs, Becker’s extensive experience and established industry connections will be critical in navigating this competitive landscape.
With over a decade in the ETF and wealth management sectors, Becker comes from Goldman Sachs Asset Management and brings insight that can greatly benefit Pictet. This expertise is especially crucial at a time when actively managed ETFs are gaining traction, as evidenced by Pictet's introduction of innovative funds, including the Pictet AI Enhanced International Equity ETF (PQNT), Pictet Cleaner Planet ETF (PCLN), and Pictet AI & Automation ETF (PBOT). These ETFs not only leverage advanced quantitative strategies but also reflect growing trends towards thematic and sustainability-focused investing.
Investors should note that the U.S. ETF market, valued at around $7 trillion as of late 2023, remains highly competitive yet filled with opportunities for firms that can leverage unique investment strategies and address client needs effectively. Pictet's focus on sophisticated long-term solutions aligns well with an increasing investor appetite for both active management and innovative thematic exposure.
Market observers should watch how Becker positions Pictet’s offerings against established players. His ability to bridge local investor preferences with Pictet's global capabilities may enhance market penetration. Furthermore, with demand for ETFs continuing to surge, proactive engagement through education and strategic partnerships will be crucial for Pictet’s success.
In summary, Pictet's entry into the U.S. ETF space under Becker’s leadership could bolster its asset management reputation while offering investors diversified, AI-driven investment solutions catering to contemporary market demands. Investors should remain open to these new Pictet products as viable additions to their portfolios.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Pictet Asset Management, part of the independent Geneva-based Pictet Group which has over $800 billion in assets under management, today announced the appointment of Benjamin Becker as Head of US ETF Distribution. Based in New York City, Mr. Becker will lead the firm’s ETF distribution strategy across the United States.
This appointment comes at a pivotal moment as Pictet Asset Management expands its footprint in the U.S. with the launch of its first U.S.-listed ETFs—an important milestone in bringing Pictet’s institutional investment expertise to a broader audience of advisors and investors. Mr. Becker’s appointment underscores the firm’s commitment to strengthening its local presence and advancing its ETF offering in the region.
“We are delighted to welcome Ben as we continue to expand our footprint in the U.S,” said Elizabeth Dillon, CEO of Pictet Asset Management (USA). “His deep understanding of the ETF landscape and ability to connect with clients across distribution channels makes him an outstanding addition to our team, especially during such a time of growth.”
Mr. Becker brings more than a decade of experience in the ETF and wealth management industries. He joins Pictet Asset Management from Goldman Sachs Asset Management, where he served as Vice President and ETF Specialist, working with advisors and institutions on portfolio strategies, market trends and the evolving role of ETFs in investment planning. Prior to Goldman Sachs, Mr. Becker held roles at WisdomTree Asset Management, where he helped build ETF businesses in both the U.S. and Canada. Earlier in his career, he served in client-facing roles at HSBC, E*TRADE, and Merrill Lynch.
This appointment follows the firm’s recent launch of three actively managed exchange-traded funds (ETFs) designed to bring the firm’s innovative AI-driven quantitative and thematic strategies to U.S. financial advisors and investors. The three ETFs are: Pictet AI Enhanced International Equity ETF (PQNT) , Pictet Cleaner Planet ETF (PCLN) and Pictet AI & Automation ETF (PBOT) .
“Expanding Pictet’s ETF presence in the U.S. represents a natural extension of the firm’s mission to deliver sophisticated, long-term investment solutions to clients worldwide,” said Mr. Becker. “It’s an exciting moment to help bridge Pictet’s global expertise with the growing opportunities in the U.S. ETF market.”
Note to Editors
Pictet Asset Management
Pictet Asset Management includes all the operating subsidiaries and divisions of the Pictet Group that carry out institutional asset management and fund management.
As of September 30 th , 2025, Pictet Asset Management managed USD 338 / CHF 269 / EUR 288 / GBP 251 billion in assets. Pictet Asset Management has eighteen business development centres worldwide, extending from London, Brussels, Geneva, Frankfurt, Amsterdam, Luxembourg, Madrid, Milan, Paris and Zurich to Hong Kong, Taipei, Osaka, Tokyo, Singapore, Shanghai, Montreal and New York.
Pictet Group
The Pictet Group is a partnership of owner-managers, with principles of succession and transmission of ownership that have remained unchanged since its foundation in 1805. The Group focuses exclusively on wealth management, asset management, alternative investments and related asset services. It does not engage in investment banking, nor does it extend commercial loans.
With CHF 711 (EUR 761/USD 893/GBP 652) billion in assets under management or custody as of 30 June 2025, Pictet is today one of Europe’s leading independent wealth and asset managers for private clients and institutional investors.
Founded and headquartered in Geneva, Switzerland, Pictet today employs around 5,500 people. It has 31 offices worldwide, in Amsterdam, Barcelona, Basel, Brussels, Dubai, Frankfurt, Geneva, Hong Kong, Lausanne, Lisbon, London, Luxembourg, Madrid, Milan, Monaco, Montreal, Munich, Nassau, New York, Osaka, Paris, Rome, Shanghai, Singapore, Stuttgart, Taipei, Tel Aviv, Tokyo, Turin, Verona and Zurich.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251027689165/en/
Tyler Bradford
Hewes Communications
+1 212 207 9454
tyler@hewescomm.com
Steve Schaefer
Hewes Communications
+1 212 207 9456
steve@hewescomm.com
Sarah Weigall
Media Relations, Group Communications, Pictet Group
+44 20 7847 5412
sweigall@pictet.com
FAQ**
How does the launch of the "Pictet AI Enhanced International Equity ETF (PQNT)" fit into Pictet Asset Management's broader ETF distribution strategy in the U.S. market?
What specific features of the "Pictet AI Enhanced International Equity ETF (PQNT)" differentiate it from traditional equity ETFs available to U.S. investors?
Can you elaborate on how Benjamin Becker plans to leverage his previous experience to enhance the distribution of the "Pictet AI Enhanced International Equity ETF (PQNT)"?
In what ways does Pictet Asset Management intend to use the insights gained from the "Pictet AI Enhanced International Equity ETF (PQNT)" to further expand its ETF offerings in the U.S.?
**MWN-AI FAQ is based on asking OpenAI questions about Pictet AI & Automation ETF (NYSE: PBOT).
NASDAQ: PBOT
PBOT Trading
-2.15% G/L:
$24.6102 Last:
2,792 Volume:
$25.02 Open:
