Pioneer Investments has appointed David Hanratty to head both UK and Ireland distribution and the global strategic partners group, now that the company has brought the two responsibilities together in recognition of the common characteristics of these business segments.
Both businesses were identified as important elements in the new five year growth strategy recently announced by CEO Roger Yates.
Hanratty’s new role is outlined by Pioneer Investments as encompassing the institutional and wholesale distribution activities for the UK and Ireland business and managing the strategy to capitalise on the opportunities from global distribution firms that take a centralised approach to selecting asset management products for their clients.
Relocating to London from Pioneer Investments Dublin, Hanratty will manage a nine-strong team for the UK and Ireland business who are split between Dublin and London. Sandro Pierri, Head of the Western Europe & International division said of Hanratty’s appointment, “We have a major commitment to UK and Ireland. We know there is work to be done convincing the market we are dedicated to being a significant player but the creation of a major investment centre in London last year is proof of our commitment, this alongside our major investment hub in Dublin gives us a unique investment offer to the two markets. David’s appointment and our plans to supplement the team with several important hires is further evidence of our commitment to be around for the long term and to strive to be successful.”
Pioneer Investments offers a wide range of investment solutions including mutual funds and structured products to institutions, corporations, intermediaries and private investors around the world. The Group has over 80 years experience in traditional investments. Its flagship Pioneer Fund is the third oldest mutual fund in the US.
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