MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, January 9, 2001 Four-Leafed Clover Pioneer has taken its first steps to use the investment expertise of its Dublin office with four new funds. The funds are all clones of existing European products. Pioneer Global Financials, Global Health Care, Global Telecoms, and Europe Select Funds opened on December 29th, with trades starting on the second of January. Pioneer has integrated its Boston and Dublin investment teams, giving both international and domestic markets access to a broader range of research. The firm plans on further capitalizing on these assets in the coming year. "There'll be more things like that coming out, leveraging our expertise in Dublin," said Steve Graziano, president of Pioneer Funds Distributor. "They, in turn, are launching US funds to be distributed in Europe and Italy. We are very much integrated." Other changes are also in the pipeline. While the firm plans to continue selling exclusively through intermediaries, it is assessing the best way to do so. "We're committed to distributing through third parties," Graziano said. "The pricing mechanism we use is really a function of how intermediaries sell our funds. It's our job to make pricing mechanisms to make their job easier. We're always looking at it, and there are some pricing innovations in the pipeline, but I'm not at liberty to discuss them at this time." Printed from: MFWire.com/story.asp?s=26313 Copyright 2001, InvestmentWires, Inc. All Rights Reserved |