3. Pioneer Funds Abs Return Multi-Strategy E EUR ND, Pioneer Investments
Net inflows: $208.19million
The third place in this category is Pioneer Funds Abs Return Multi-Strategy E EUR ND fund, run by Citywire A rated Davide Cataldo and + rated Francesco Dall'Angelo.
As of October 31, the fund’s top three asset classes were bond (68.9%), FX derivatives (54.3%) and credit derivatives (24.6%).
The fund seeks to achieve a positive return in all types of market conditions. It invests, directly or indirectly, in a broad range of securities from around the world, including emerging markets.
These investments may include government and corporate bonds of any maturity, equities, convertible bonds and money market securities.
The fund was launched in 2008 and is available for sale in Singapore via Luxembourg.