Amundi
Amundi acquires Pioneer Investments for €3.54bn
Amundi is to pay €3.54bn (£2.97bn, $3.74bn) in cash to acquire Pioneer Investments, which it says will make it the eighth largest asset manager in the world.
Pioneer suspends two fixed income fund managers
Global asset management firm Pioneer Investments, has suspended two top fixed income fund managers at its Dublin-based operation, industry sources have confirmed.
PEOPLE MOVES: Amundi, Moneyfarm, Deutsche Bank
Amundi has bolstered its multi-asset leadership, with Moneyfarm banking on industry experience in its CIO and CFO appointments. Deutsche Bank, meanwhile, is looking to innovate with two senior hires.
Not all inflation expectations are equal – Pioneer
The sharp jump in global inflation expectations since Donald Trump’s US election success papers over several significant differences in the inflation path for different countries, said Tanguy Le Saout.
Amundi confirms Pioneer bid, denies €4bn price tag
French asset management firm Amundi has confirmed its interest in buying Pioneer Investment from Italian bank UniCredit but denied the €4bn (£3.6bn, $4.4bn) bid offer reported in the media.