In July 2017, Amundi Combines Pioneer Investments and Amundi Smith Breeden to Launch Amundi Pioneer Asset Management in the U.S.
Amundi Pioneer Asset Management (Amundi Pioneer) references the US business of the Amundi group of companies, Europe’s largest asset manager by assets under management and among the top ten global asset managers1.
Amundi Pioneer was formed in 2017 as part of the acquisition of Pioneer Investments by Amundi, and includes the operations of Amundi Pioneer Asset Management USA Inc., based in Boston, and Amundi Smith Breeden, based in Durham, NC.
Incorporating the expertise of the regional hub in Durham, Boston is one of Amundi’s six main investment hubs2.
In addition to investment management activities, Amundi Pioneer offers and services a wide array of investment solutions for institutional and private investors globally.
Pioneer Investments was founded in 1928 by Philip L. Carret, and has been a leading innovator in global asset management since its inception.
Amundi Smith Breeden, founded as Smith Breeden Associates in 1982, is a highly regarded relative value credit investor managing an extensive range of fixed-income strategies tailored to the needs of institutional investors.
In aggregate, Amundi Pioneer Asset Management offers a broad range of fixed income, equity and multi-asset investment solutions. A focus on proprietary research, robust risk management, disciplined investment processes, and close partnerships with clients has made the firms that comprise Amundi Pioneer investment managers of choice among leading institutional and individual investors worldwide. Amundi Pioneer had approximately $78.8 billion in assets under management as of December 31, 2016.
1. Source IPE “Top 400 asset managers” published in June 2017 and based on AUM as of end December 2016.
2. Investment hubs: Boston, Dublin, London, Milan, Paris and Tokyo
Amundi Pioneer Asset Management is the U.S. business of the Amundi Asset Management group of companies. Investment advisory services are offered through Amundi Pioneer Asset Management, Inc., Amundi Pioneer Institutional Asset Management, Inc., and Amundi Smith Breeden, LLC. Securities are offered through Amundi Pioneer Distributors, Inc.
Not all Amundi products and services are available in all jurisdictions.