Amundi strengthens focus on Latin American institutional asset gathering

After its merger with Pioneer, Amundi has decided to attack the Latin American institutional market from Santiago and Mexico, leveraging the experience of Silvia Fernández, who led Pioneer's distribution area in Andean markets.

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Pioneer veteran Castellano departs

Jose Castellano has stepped aside after 16 years at Pioneer Investments, whose pending merger with Amundi was recently approved by the European Commission.

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Pioneer Investments to be purchased by Amundi for USD 4.1 billion

With over EUR 1 trillion in assets, Amundi is ranked the world’s 12th-largest asset manager. The Pioneer deal would turn it into the world’s eighth-largest asset manager, according to main shareholder Credit Agricole SA of France, handling EUR 1.3 trillion in assets.

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Amundi shows interest in Pioneer acquisition

Pioneer manages EUR 220 billion and employs 2,000 people in 28 countries. It has Latam offices in Miami, Santiago de Chile and Mexico City.

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