Skip to:
  1. Home
  2. Press & Media
  3. Press Releases
  4. 2005
  5. Pioneer Investments: Global Net Flows exceed euro 560 million in November
Share this event on:
  • LinkedIn

Recomend this page

Thank you, we sent your recommendation to the desired recipient.

Sorry, this functionality is not available right now.
Please try with this link. Thank you.

Pioneer Investments: Global Net Flows exceed euro 560 million in November

Net flows of over €560 million were achieved by Pioneer Investments in the month of November, €9 billion since the beginning of the year.
Total Assets under Management reached €155.6 billion, an increase of 16.2% since the beginning of the year and +2.2% compared with the previous month, due to the positive effect of the equity market (+1.8%).

Total inflows in Italy exceeded €600 million (+€6.9 billion since the beginning of the year) confirming Pioneer's first position for Net Sales. Mutual funds (Assogestioni perimeter) achieved sales of €429.7 million, in a slightly negative Italian mutual funds market (-€64 million).
Total Assets under Management in Italy at the end of the month stood at €106.1 billion, an increase of 14.4% since the beginning of the year and +1.6% compared with the previous month.

The International division (ex Italy) saw negative of €68 million in the month, with a positive contribution of more than €1.690 million since the beginning of the year.
Total Assets under Management currently stand at €10.9 billion, an increase of 3.2% compared with the previous month (+38.9% since the beginning of the year).

The US close the month with negative sales of €92 million, principally caused to the persist of the flexion of the bond market, in particular in the High Yield sector. Positive flows of €15 million were seen instead in the Institutional segment.
Total Assets under Management in this division stood at €32.9 billion (+12% since the beginning of the year); in dollar terms in the same period assets stood at $38.7 billion.

The New Markets division continued its growth trend, with sales of €117 million in the last month. The largest contribution came from Poland (€87 million), followed by the Czech Republic (€25 million), Croatia and Bulgaria. Positive inflows of €1.2 billion since the beginning of the year, an increase of 147.3% compared to the same period last year. Total Assets under Management in this division stood at €5.6 billion, an increase of 45.7% since the beginning of the year and 5.3% compared with the previous month.

The Alternative Investments division (net flows and AuM data are included in the reported numbers for other divisions) reported a slightly negative inflows in the month of -€2.5 million, (+€270 million since the beginning of the year).
Total Assets under Management in Hedge Funds stood at €4.5 billion, an increase of 0.8% compared with the previous month and 17.2% since the beginning of the year.


The data reported in this release has been compiled on provisional numbers, and is, therefore susceptible to change