Pictet Asset reports 5.01% stake in Cascal

By E. Janene Geiss

Philadelphia, Jan. 23 - Pictet Asset Management reported an investment of 5.01% in Cascal NV as of Jan. 20, according to an SC 13G filing with the Securities and Exchange Commission.

That represents a passive stake of 1,529,537 shares.

Cascal is a Dorking, United Kingdom-based company that provides water and wastewater services to homes and businesses in the United Kingdom, as well as some emerging market countries like Indonesia and the Philippines.

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