EUROPE - Pioneer Investments has poached Cathy Brand from Citigroup to head up its international strategic product management and development among a string of new hires to its Dublin and London based teams.
At Citigroup, Brand was responsible for international product development. In her new post, she will be supported by a team of five product managers covering European equities, European fixed income, US equity, US fixed income and alternative investments from the respective investment and research centres in Boston, Dublin and London.
In June Citigroup sold its asset management business to Legg Mason in exchange for the broker-dealer business of Legg Mason, approximately US$1.5bn of Legg Mason’s common and convertible preferred shares, and approximately $550m in the form of a five-year loan facility provided by Citigroup Corporate and Investment Banking.
At Pioneer, Brand will report directly to Matteo Perruccio, global head of sales and distribution.
Perruccio commented: “As we continue to grow and expand as a global organisation it is necessary to have a structure that leverages the divisional strengths whilst creating the strategic and global framework that supports overall business development and satisfies client needs.”
He added: “Strategic product innovation and development is key to our future, particularly as we continue our penetration into the institutional business.”
In addition to Brand, the firm announced several new appointments in the international client marketing group.
“The new hires are part of a global plan to build up the internal structure necessary to fully target and support the institutional marketplace, both globally and in Europe,” Pioneer said in a statement.
Annabel Faulkner joins as head of marketing communications from AXA Investment Managers in London, where she was senior investment marketing manager, while Oliver Tinkler joins as institutional marketing manager from T.Rowe Price, where he was client communications manager. Both will be based in Dublin.
Matthew Graham, appointed institutional relationship manager, joins from DLIBJ Asset Management International in London where he worked in a business development/client management role.
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