Author Archives: Giordano Lombardo

About Giordano Lombardo

Giordano Lombardo is CEO and Group CIO of Pioneer Investments. Prior to his appointment as CEO in February 2015, he held the position of Deputy CEO since 2012. He has been Group CIO, responsible for global investment activities, since 2001 and has been with Pioneer's parent company, UniCredit Group, for over 20 years.

U.S. Update: Broad-Based Economic Growth

In a recent report, Pioneer Investment’s Global Asset Allocation Research team, led by Monica Defend, updated their outlook for the U. S. economy in 2015. A few key insights from that report follow. To read the full report, please click here. … Continue reading

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Friendly Central Banks, Friendly Markets?

The Central Bank bonanza has continued to lift financial markets, especially risky assets, towards new highs. This has happened in a weak economic framework, for most of the areas, further exacerbating the divergence between financial markets and economic fundamentals. The … Continue reading

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The 2015 Global Risk Map: Hedging Geopolitical Challenges

Central Banks are likely to continue to dominate the global economy as well as financial markets again in 2015. Asset prices will likely benefit from abundant liquidity. However, divergent monetary policies required by divergent growth paths can be expected to … Continue reading

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How to Invest in the Age of Deflation (and High Volatility)

We are convinced that, after the long bull market run, we are now entering a new phase where volatility is going to remain a principal feature and where returns are going to remain suppressed for a long time. What is materially different … Continue reading

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Beyond QE, U.S. Economy is Getting Traction

The Fed confirmed the end of Quantitative Easing (QE) and changed its rhetoric on the job market. The unemployment rate is (finally) gradually declining, as is the underutilization in the labor market, although it remains high by historical standards. The … Continue reading

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