Pioneer Veteran Patel to Manage Opportunity Fund
Pioneer Investment Management has rolled out a new equity opportunity fund and named company veteran Margaret Patel to manage it. The fund, called the Pioneer Equity Opportunity Fund, will pursue long-term capital growth with a secondary objective of income. It will focus mostly on small- and large-cap equities. Patel has worked in the investment management industry for more than 30 years. She will continue managing high-yield bond funds for Pioneer.