Allspring and Pictet join CityHive’s ACT list

Allspring Global Investments and Pictet Asset Management have become ACT signatories.  

The additions bring the total number of firms in the ACT list to 42.

Assets under management run by ACT signatories have reached £13.9trn, with Allspring accounting for £467bn and Pictet £269bn.

Andy Sowerby, CEO at Allspring Global Investments (UK), said: “When we established Allspring in 2021, we had a unique opportunity to create our mission, vision and values to help define the company we wanted to become.

“At the heart of this process was the recognition that a great culture creates a great business which can meet and exceed our clients’ objectives.”

Wendy Appleton, head of sales for UK & Ireland at Pictet Asset Management, added: “Becoming a signatory to ACT is a clear commitment to our clients to foster an inclusive culture at Pictet Asset Management.

“Our clients are diverse, and we must reflect this in our own organisation, building strong cultural intelligence across the firm. Equally, it is essential that our colleagues feel they truly belong while being able to remain their authentic selves.”

This article originally appeared on our sister-site Portfolio Adviser