I understand. Hide this message.


We use cookies to provide you with the best experience when using our website. By continuing to use our website without changing your cookie settings, we assume you give consent for cookies to be used. For further details, including how you can amend your preferences - Please read our Cookie Policy »


Opportunities for Value Investors

Giordano Lombardo, Pioneer Investments Group CIO, gives his view on pressing questions for investors after the recent risk asset correction: What are the risks that a new 2008-style financial crisis will occur? What is the probability of a hard landing for the Chinese economy and what are its consequences on deflationary trends around the world? What is the current level of confidence on the US economy? Is the current market turmoil opening-up opportunities for long-term investors?


Fed Rate Hike: Uncharted Territory


After seven years of zero interest rate policy the Federal Reserve Board has taken an historic, widely broadcast step in raising the target Federal Funds rate by the expected 25 basis points. The Federal Reserve has indicated that it will raise rates much more gradually than in the past. We believe this approach should help ensure that they will not undermine economic growth. At the same time, because their decision-making is data-dependent, investor uncertainty may continue, resulting in higher market volatility. Discover here the implications for fixed income and multi asset investors.


On 3rd July, 2017 Pioneer Investments became part of the Amundi group. Amundi is Europe’s largest asset manager by assets under management and ranks in the top 101 globally. 
Thanks to the integration of Pioneer Investments, the combined company now manages over 1.3 trillion2 euros of assets across six investment hubs3.


1. Source: IPE “Top 400 asset managers” published in June 2017 and based on AUM as at December 2016.

2.  Source: Pro forma Amundi + Pioneer Investments combined figures as of end December 2016.

3. Investment hubs: Boston, Dublin, London, Milan, Paris and Tokyo.