IRELAND – Dublin-based Pioneer Investments has promoted head of European equities Stan Pearson to the newly-created position of head of equities.

Pearson will be responsible for all equity investment management activities at Pioneer Investments, which is part of the Milan-based Pioneer Global Asset Management Group. He will report to Mauro Ratto, head of portfolio management, Europe.

In addition, he will continue to manage Pioneer’s main European equity portfolio, the Core European Equity fund, a sub-fund within Pioneer’s Luxembourg-domiciled SICAV umbrella range.

Pearson joined Pioneer four years ago, initially responsible for the equity components of the company’s balanced portfolios before becoming head of European equities last year. He joined Pioneer from Scottish Widows Investment Partnership, where he worked as a portfolio manager for 15 years.

Elsewhere, former head of global equities, Stefano Pregnolato will relocate to Pioneer Investments’ Boston office as new director of international equity investment.

Pioneer Investments currently has some €111bn under management with offices in Boston, Dublin, Milan and Singapore. Moreover, the company plans to expand its international presence by opening a new office in Hong Kong later this year.