News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Pioneer launches German hedge fund despite warnings

Pioneer Investments, the fund management arm of Italian bank UniCredito Italiano has been granted approval to launch a German fund of hedge funds for retail investors, amid reports and forecasts that hedge fund performance is tumbling.

Pioneer hopes to raise €100m by the end of the year.

WSJ Logo