Swiss Bank Pictet’s Water Fund Boosted by Middle East Shortage
Swiss bank Pictet & Cie.’s water fund is profiting from the Middle East’s need to buy the technology to make more seawater drinkable as companies such as Xylem Inc. (XYL) and Danaher Corp. (DHR) step up business in the region. “The companies that we are invested in are doing more…
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