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 doing great, but there are opportunities in value-style investments, particularly in small- and mid-cap equities as well as in high-yield bonds.

Pioneer has distribution arrangements with Prudential Securities US and Merrill Lynch, and Joy is...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222