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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