Heritage

Our Tradition

Our flagship Pioneer Fund was founded in 1928 and since then has weathered every market condition for our clients. Over its life it has outperformed the S&P 500 Index, long-term bonds, US Treasuries and inflation in the US.

Pioneer Investments has also helped to shape developments in Europe. As the first asset management company to launch investment funds in Italy, we’re writing history. We’re also the first asset manager in Germany to register US mutual funds under the Foreign Investments Act, and the first to bring open-ended investment funds to investors in Poland and Bulgaria.

Such leadership attracts the attention of others. In 2000, the UniCredit Group, one of Europe’s leading banks acquired the Pioneer Group. The result means there’s a truly global dimension to the products and services we offer our clients.

In 2002 we broadened our alternative investment offering by acquiring the Momentum Group, a recognised leader in the funds of hedge funds industry.

Fitch rated since 2004, the current 'M2' rating recognises the sound capital base, history and global franchise, high corporate governance standards and solid risk management framework, among other things. Asset managers in the 'M2' category demonstrate low vulnerability to operational and investment management failure. The rating covers Pioneer Investments’ Milan, Dublin, Munich and Boston operations.

Today Pioneer Investments manages mutual funds and alternative investments in Boston, Dublin and Singapore. We distribute these products globally through our presence in 31 countries.