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Robeco poaches Pioneer sales manager for top offshore job

Robeco poaches Pioneer sales manager for top offshore job

Robeco has hired sales manager Jimmy Ly from Pioneer Investments as its new head of sales for US offshore and Latin America following two exits from the Dutch asset manager.

Ly will take on his role from January 16 and continue to be based in Miami where he will report to Javier García de Vinuesa.

He succeeds Joel Peña who left the company in December 2016 after over two years with the firm.

Julieta Henke, Robeco's Miami-based sales manager, has also left the firm for personal reasons, said Robeco.

Ly joined Pioneer Investments in 2002 and was most recently responsible for growing the firm's business among US offshore clients. The firm has not responded to requests for comment on Ly's replacement. 

Pioneer Investments was recently in the news after it's owner, Italian bank Unicredit, announced it had finally found a buyer for its asset manager which has been on the market for over three years. It was close being sold to Santander until the Spanish group pulled out in July 2016. French group Amundi Asset Management agreed to acquire the firm in December for $3.7 billion.

With Robeco he will be responsible for ‘maintaining, developing and expanding’ the firm’s existing relationships while also acquiring and developing relationships with new clients.

Robeco initally targeted growth in Latin America with the launch of its Miami office in November 2012. At the time it said its target markets consisted of Panama, Colombia and Mexico with a plan to also focus on Brazil and Argentina further down the line.

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