Pioneer Investments has appointed Roger Price-Haworth to the newly-created position of head of institutional and wholesale business, UK. He will report to Paul Price, head of institutional for Pioneer Investments.
“The UK is a strategically important market for us but as a crowded space I recognised that we have to have on board top quality people in order to compete and gain market share,” said Price. “Roger brings great experience and credibility and will assume the leadership of a talented team and I know under his guidance the UK business can go from strength to strength.”
Price-Haworth will be responsible for both institutional and wholesale client segments. On the institutional side his remit will include the ongoing management and further development of relationships with investment consultants in the UK. “Pioneer has an offer that appeals across client segments and with the combination of traditional and innovative long strategies, together with the long-established and highly successful hedge fund range there is great cause for optimism,” said Price-Haworth.
“We have created the awareness in both the wholesale and institutional communities of what we bring to the table and now we are seeing regular business flows from the wholesale segment and mandate wins in institutional,” adds Price. “What is encouraging is that this success is coming across our product range, from high-alpha long strategies, through to fund of hedge funds and structured solutions. This year in the UK, it is about upping the pace and building on the good work of the last couple of years.”
Pioneer Investments has e224.9 billion in total assets under management (as of October 2007). Its hedge fund business, Pioneer Alternative Investments, has a total of e5.62bn assets under management and has its main operations located in London, Milan and New York.
© fe February 2008