For the second time in less than a week, Pioneer Investment Management announced plans to expand its offerings. The Boston-based money manager said on Tuesday that it has reached a preliminary agreement with Oak Ridge Investments in which Pioneer will become the investment manager for two mutual funds managed by Oak Ridge.

Pioneer would retain Oak Ridge as its subadvisor according to the agreement, and David M. Klaskin would stay as the portfolio manager. The Oak Ridge Large Cap Equity Fund and the Oak Ridge Small Cap Equity Fund have about $24 million in assets under management.

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