Pioneer Investments: Pioneer Investments Milestones


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Pioneer Investments Milestones
1928
Philip L. Carret launches Pioneer Fund - the third oldest mutual fund in the US.

1951
Pioneer Fund assets exceed $1 million with 500 investors.

1967
Pioneer is the first investment management firm to launch mutual investments in Italy.

1969
Pioneer is the first foreign investment fund in Germany.

1992
Pioneer markets the first open-ended fund in Poland.

1995
Pioneer expands into the Czech Republic.

1999
A hedge fund family, later called Pioneer Alternative Investments, is launched.

2000
The Pioneer Group Inc. is acquired by UniCredito Italiano S.p.A., an Italian banking group.

2001
Pioneer Investments sets up an investment center in Singapore.

2002
Pioneer Investments acquires Momentum. Established in 1986, Momentum was at the forefront of development of the fund of hedge funds industry.

2003
Pioneer Investments marks its 75th anniversary on February 13, 2003.
Pioneer Investments expands into Bulgaria.

2004/2005
International rating agency Fitch Ratings assigns Pioneer Investments an AM2 asset management rating and upgrades it to AM2+ the following year.

2006
Pioneer Investments and the investment managers of HypoVerinsbank are merged under the common umbrella of Pioneer Investments.

2007
Pioneer enters into the Indian and Russian markets.

2008
Pioneer Investments marks its 80th anniversary on February 13, 2008.
Expansion to Nordics, Latin America.

2013
Pioneer Investments marks its 85th anniversary on February 13, 2013.
 

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