Pioneer posts record inflows for 2015
UniCredit’s Pioneer Investments has reported record inflows of €15.2bn in 2015 driven by strong sales in Italy, Germany, Asia and Latin America.
Year-on-year net sales were up 15% and the asset manager’s total AUM stood at €224bn at the end of December 2015, up 11% from December 2014.
Referring to Morningstar data, Pioneer attributed most of its positive performance to its multi-asset and liquid alternative strategies.
Giordano Lombardo (pictured), CEO and Group CIO of Pioneer Investments, commented: “It’s gratifying to see the continued trust our clients have shown in us.
“We are singularly focused on this responsibility, particularly given the current market volatility and liquidity conditions, as well as macro concerns such as the effectiveness of monetary policies at this stage, the outlook for China, and the trajectory of emerging market economies.”