Pioneer Investments is a Global Asset manager, providing multi-asset management capabilities. We have single and multi-asset class capabilities covering both Fixed Income and Equity in emerging and developed markets, as well as a strong Fund of Funds focus. The Multi Asset team manage a large percentage of the overall assets of the company, but the underlying asset classes are broken out for this report as per above. We have a number of Global Investment hubs, and additional smaller, more local offices where we manage AUM. ESG related activities may differ somewhat across locations. However, the report is as reflective as possible for large portions of the AUM managed by Pioneer globally.
During 2017, Pioneer Global Asset Management was acquired by Amundi Asset Management. The report for this year reflects the ESG activities from a Pioneer perspective, as the companies have not fully integrated infrastructure, policies and processes. However, for some locations we are already leveraging off the strong ethos of ESG investing within Amundi, and integrating the work of the specialist ESG analysts. Other hubs will continue to integrate in the coming period and align with a single Amundi approach.