Morningstar places Pioneer's European bond range under review after senior staff suspensions

Pioneer in exclusive sales talks with Amundi

Tom Eckett
clock • 2 min read

Morningstar has placed its analyst ratings of Pioneer Investments' European fixed income range under review after the firm suspended two senior employees pending investigation into claims they attempted to set up a rival business.

Pioneer has suspended Ali Chabaane, head of portfolio construction, and Tanguy Le Saout (pictured), head of European fixed income, based in the firm's Dublin office, for reportedly looking to set up a rival firm and take their clients with them.  Cosimo Marasciulo, Le Saout's co-lead manager on a number of strategies and Pioneer's head of European government bonds, has now taken over the leadership role as head of the European fixed income team. Marasciulo will also maintain all his current portfolio management responsibilities. The firm's Dublin- and London-based credit analysts will...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Fund management

Rathbones IM net inflows more than halve in 2023

Rathbones IM net inflows more than halve in 2023

Planned relocation to Investec W&I’s offices

Eve Maddock-Jones
clock 06 March 2024 • 4 min read
Experts divided on abrdn takeover risk as Bird doubles down on cost-cutting

Experts divided on abrdn takeover risk as Bird doubles down on cost-cutting

AUM size may prevent bids

Eve Maddock-Jones
clock 24 January 2024 • 4 min read
Chilean boutique takes 25% stake in Aubrey Capital Management

Chilean boutique takes 25% stake in Aubrey Capital Management

LarrainVial Asset Management

Eve Maddock-Jones
clock 16 January 2024 • 1 min read
Trustpilot