Bloomberg News

UniCredit Transfers $17 Million Mutual Funds to Paribas Unit

February 02, 2012

Feb. 2 (Bloomberg) -- Pioneer Investments, controlled by UniCredit SpA, agreed to transfer mutual funds worth 563 million rubles ($17 million) to BNP Paribas SA, according to an e-mailed statement today.

The funds will be managed by Paribas’ Investment Partners unit, the statement said.

To contact the reporter on this story: Artyom Danielyan in Moscow at adanielyan@bloomberg.net

To contact the editor responsible for this story: Alex Nicholson at anicholson6@bloomberg.net


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