US fund manager says Buy American

Pioneer Investments explains to distributors what looks attractive in the US markets.

Pioneer Investments, a venerable mutual fund company in the United States but a new name in Asia, is doing the rounds among its distributors here as it tries to establish a presence and is pointing out that not all investments in the US are struggling.

There's a lot of talk about the US markets being overvalued and not going anywhere, says Boston-based David Joy, senior vice president and director of global investment communications. It is true, the broad averages aren't...

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