Pioneer Investments last month unveiled a new portfolio management team for Pioneer Emerging Markets Fund (PYEFX) and Pioneer Emerging Markets VCT Portfolio (VPIEM1V).
Effective March 1, the funds will be managed by Mauro Ratto, Marco Mencini, and Andrea Salvatori, who are supported by a team of ten emerging markets equity analysts. The funds’ portfolio managers and analyst team are based in Pioneer’s London Emerging Markets investment hub. This team takes over portfolio management responsibility from Sean Taylor, who was appointed PM of the funds in December 2011.
Ratto is Head of Emerging Markets and Portfolio Manager. He joined Pioneer in 1998 and previously served as Head of Investment Management Europe and Asia.
Mencini is Senior Vice President, Head of European and Emerging Markets Equity Research, and a co-Portfolio Manager on Pioneer’s Global Emerging Market Equity mandates. Salvatori is a Senior Equity Portfolio Manager on the Emerging Market Equities team at Pioneer Investments.
Pioneer Emerging Markets Fund was launched in April 1998 and managed some $281 million in assets as of march 28. The Pioneer Emerging Markets VCT Portfolio is a variable annuity and was launched in October 1998. It managed some $88 million as of March 28, according to Bloomberg.