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 |
|
Friday, January 13, 2012 Pioneer Plans a Sales Force Expansion Pioneer Investments plans to increase its sales force by at least 10 percent this year, U.S. retail sales and marketing chief Joe Kringdon told The MFWire.com. Boston-based Pioneer has 57 external wholesalers and 36 internals. Kringdon said Pioneer's mutual fund sales have grown 11 percent a year in the last three years. For 2012, Pioneer aims to grow sales by 13 to 15 percent. Gross sales in 2011 totaled $11.1 billion across all channels. Last fall, Kringdon realigned the U.S. retail sales team, appointing Laura Palmer to the newly created role of national sales manager. Printed from: MFWire.com/story.asp?s=38850 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |