Heritage

Our tradition

PAI is part of Pioneer Global Asset Management S.p.A ("PGAM"), which has a history that dates back to 1928. Today, PGAM boasts assets under management of €200 billion (as at 30 June 2008) along with a presence in 25 countries around the globe.

Excellence attracts the attention of others. In 2000, the Pioneer group was acquired by the UniCredit Group, one of Europe’s leading banks. With the backing of such a strong parent, we are ideally positioned to further expand our global reach across markets.

In 2002, PAI broadened its alternative investment offering by acquiring the Momentum Group, a recognised leader in the funds of hedge funds industry. In Pioneer, the former Momentum team found an atypical parent with a successful track record in fostering talent and maintaining the balance between organisational support and investment autonomy.

Today, PAI’s continued commitment to excellent client service, tailored investment solutions, strong awareness of client needs and expectations and openess to provide clients with access to both portfolio managers and intellectual capital set it apart as one of the long term leaders in the hedge fund space.