news
 

Pioneer Investments Expands Liquid Alternative Offerings

Giordano Lombardo 18 February 2014

Launch of innovative alternative fixed income strategies seeking absolute returns.



 
global presence
 
 
MARKET VIEW
Macro Economic Report
25 July 2014 | We have revised our 2014 growth forecast down to 1.5%, due to the weak Q1 GDP data. While the weakness can be explained in part by the extraordinarily bad weather conditions that affected the US economy last winter, important revisions were made also to the final contribution from Personal Consumption Expenditure which was the sweet spot of previous releases. On the inflation side, we believe the turning point has been reached, with the CPI hovering around 2% year-on-year.

 
 
 

PIONEER PERSPECTIVES

  • Fed’s Inflation Target Misguided? Good vs. Bad Disinflation

    05 May 2014 | There is a difference between “good disinflation” and “bad disinflation.” Recent disinflation is the result of a variety of factors, including technological progress, new efficiencies in business models and strengthening competition. The truly worrisome deflation we should be concerned about is driven by asset price declines.

     
  • US Economy And Monetary Policy

    13 January 2014 | The US economy has become strong enough to grow on its feet, allowing the Federal Reserve to withdraw in measured steps the exceptional monetary stimulus. We believe that the process known as “taper” will unfold slowly as subdued inflation allows the Fed to buy some time after Quantitative Easing (QE) expires before raising benchmark interest rates.

 
 
 
investment talks
Quarterly Global Outlook
Taking stock one year into Abenomics

 
25 July 2014
Monica Defend, Head of Global Asset Allocation Research, illustrates the base scenario for the global economy, the main expectations for the rest of the year and the major risks to the base scenario.



 
 
 
white papers

CIO Letter: Bubble Detector

15 July 2014 | Summer is synonymous with vacatios, and vacation is synonymous with journey. Packing your GPS and checking the weather conditions are essential for a well prepared journey. Similarly, no well-prepared investment should be carried out without first checking the financial climate— although currently calm, history suggests it could soon turn—and reviewing the GPS of Global Markets. Our “GPS” for navigating market conditions (valuations) is highlighting that some areas of the financial markets are getting stretched. Core government bonds, credit markets and US equities are the most likely candidates for a bubble.

 
VIDEO