Pioneer hires Dristine for US institutional drive

Pioneer Michael DristinePioneer Investments has appointed Michael Dristine as institutional business development officer in a newly created role in the US.

Dristine will be based in Boston for the asset manager, which is currently owned by Italy’s UniCredit bank.

“The growth of the institutional business remains a top priority for Pioneer Investments,” says Bill Porter, head of US institutional, North America, adding that the firm is looking to build momentum in delivering fixed income, equity, and alternative solutions to the institutional marketplace.

Dristine, who has over 20 years of experience in the asset management industry, was previoulsy vice president of institutional sales at Eaton Vance and has also held senior distribution roles at State Street Global Advisors and Putnam Investments.

Before focusing on institutional sales and relationship management, Dristine was a financial analyst.

Pioneer Investments has approximately $242 billion (€214.6 billion) in assets under management as of March 31, 2015.

UniCredit and Spanish bank Santander recently announced plans to merge their fund management businesses.

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