Amundi Pioneer Institutional Asset Management Inc

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Amundi Pioneer Institutional Asset Management Inc ✚
CRD #	138756
SEC #	801-66395
CIK #	0001455160
AUM
Employees	213 (50% Investors, 41% Brokers)
Fees
Minimum
Phone	617-422-4700
Address	60 State Street Boston, MA 02109-1820
Source	[IAPD] [EDGAR] [Website] [Twitter] [LinkedIn]

Total AUM ($B) Copy

Fees and Compensation — Form ADV Part 2A (3/30/2020) [Brochure]
Fees and Compensation Fees for advisory services generally are expressed as a percentage of assets under management of the client, and clients are billed monthly or quarterly and in arrears. The fees for providing investment management services are negotiated on an individual basis and vary among clients. The basic annual fee schedules for APIAM are: The following fees represent management fees only. Defined Contribution plan fee schedule – Investment through a private CIT or unregistered pooled investment vehicle (LLC) are also included. FIRM BROCHURE Fixed Income Separate Account CIT LLC 0.40% on First $50M 0.35% on First $50M 0.35% on First $50M Multi-Sector Fixed 0.35% on Next $50M 0.30% on Next $50M 0.30% on Next $50M Income 0.30% on Next $100M 0.25% on Next $100M 0.25% on Next $100M 0.20% Thereafter 0.20% Thereafter 0.20% Thereafter 0.35% on First $50M 0.30% on First $50M 0.30% on Next $50M 0.25% on Next $50M Opportunistic Core 0.25% on Next $100M 0.20% on Next $100M 0.20% Thereafter 0.15% Thereafter 0.30% on First $50M Long Duration Credit- 0.25% on Next $50M Higher Quality 0.20% on Next $100M 0.15% Thereafter 0.30% on First $50M 0.25% on Next $50M Long Duration Credit 0.20% on Next $100M 0.15% Thereafter 0.70% on First $100M Multi-Asset Income 0.60% on Next $100M 0.50% Thereafter 0.25% on First $100M Multi-Asset Ultrashort Income 0.20% on Next $100M 0.15% Thereafter 0.25% on First $100M Short Term Income 0.20% on Next $100M 0.15% Thereafter 0.60% on First $50M 0.50% on Next $50M Global High Yield 0.45% on Next $100M 0.340% Thereafter FIRM BROCHURE 0.65% on First $50M 0.55% on Next $50M Dynamic Credit 0.45% on Next $100M 0.40% Thereafter Bank Loans 0.60% on all assets 0.45% on First $50M Global Multi-Sector 0.40% on Next $50M Fixed Income 0.35% on Next $100M 0.30% Thereafter 0.22% on First $100M U.S. Investment Grade 0.18% Thereafter Corporate AMT Free Municipal 0.50% on all assets Bond 0.30% on First $50M 0.25% on Next $50M High Yield Municipal Bond 0.20% on Next $100M 0.15% Thereafter 0.20% on First $100M High Quality Short 0.15% on Next $100M Duration Core 0.15% Thereafter 0.30% on First $50M 0.25% on Next $50M Investment Grade Constrained 0.20% on Next $100M 0.15% Thereafter 0.25% on First $25M Opportunistic Core – 0.20% on Next $25M Investment Grade Constrained 0.15% on Next $50M 0.10% Thereafter FIRM BROCHURE 0.40% on First $50M 0.35% on Next $50M U.S. Corporate High Yield 0.30% on Next $100M 0.25% Thereafter 0.45% on First $50M 0.40% on Next $50M U.S. High Yield – Total Return 0.35% on Next $100M 0.30% Thereafter 0.50% on First $50M 0.36% on Next $50M Emerging Markets 0.60% on all assets Blended 0.31% on Next $100M 0.26% Thereafter 0.42% on First $50M 0.30% on Next $50M Emerging Markets Short- Term Bond 0.26% on Next $100M 0.22% Thereafter 0.44% on First $50M 0.32% on Next $50M Emerging Markets Bond 0.60% on all assets Local Currencies 0.28% on Next $100M 0.24% Thereafter 0.42% on First $50M 0.30% on Next $50M Emerging Markets Hard Currency 0.60% on all assets 0.26% on Next $100M 0.22% Thereafter 0.30% on First $50M 0.25% on Next $50M Agency MBS 0.20% on Next $100M 0.15% Thereafter 0.35% on First $50M 0.30% on First $50M Aggregate Core 0.30% on Next $50M 0.25% on Next $50M ...

Fees and Compensation — Form ADV Part 2A (3/30/2020) [Brochure]

Fees and Compensation

Fees for advisory services generally are expressed as a percentage of assets under
management of the client, and clients are billed monthly or quarterly and in arrears. The
fees for providing investment management services are negotiated on an individual basis
and vary among clients. The basic annual fee schedules for APIAM are:

The following fees represent management fees only. Defined Contribution plan fee schedule –
Investment through a private CIT or unregistered pooled investment vehicle (LLC) are also
included.

                                       FIRM BROCHURE

  Fixed Income           Separate Account                  CIT                   LLC
                         0.40% on First $50M        0.35% on First $50M   0.35% on First $50M

 Multi-Sector Fixed      0.35% on Next $50M         0.30% on Next $50M    0.30% on Next $50M
       Income
                         0.30% on Next $100M        0.25% on Next $100M   0.25% on Next $100M

                           0.20% Thereafter           0.20% Thereafter      0.20% Thereafter

                         0.35% on First $50M        0.30% on First $50M

                         0.30% on Next $50M         0.25% on Next $50M
 Opportunistic Core
                         0.25% on Next $100M        0.20% on Next $100M

                           0.20% Thereafter           0.15% Thereafter

                         0.30% on First $50M

Long Duration Credit-    0.25% on Next $50M
   Higher Quality
                         0.20% on Next $100M

                           0.15% Thereafter
                         0.30% on First $50M

                         0.25% on Next $50M
Long Duration Credit
                         0.20% on Next $100M

                           0.15% Thereafter
                         0.70% on First $100M

 Multi-Asset Income      0.60% on Next $100M

                           0.50% Thereafter

                         0.25% on First $100M
Multi-Asset Ultrashort
       Income            0.20% on Next $100M

                           0.15% Thereafter
                         0.25% on First $100M
 Short Term Income
                         0.20% on Next $100M

                           0.15% Thereafter
                         0.60% on First $50M

                         0.50% on Next $50M
  Global High Yield
                         0.45% on Next $100M

                          0.340% Thereafter

                                       FIRM BROCHURE

                        0.65% on First $50M

                        0.55% on Next $50M
   Dynamic Credit
                        0.45% on Next $100M

                          0.40% Thereafter
    Bank Loans           0.60% on all assets

                        0.45% on First $50M

 Global Multi-Sector    0.40% on Next $50M
    Fixed Income
                        0.35% on Next $100M

                          0.30% Thereafter
                        0.22% on First $100M
U.S. Investment Grade
                          0.18% Thereafter
       Corporate

 AMT Free Municipal     0.50% on all assets
       Bond

                        0.30% on First $50M

                        0.25% on Next $50M
High Yield Municipal
       Bond
                        0.20% on Next $100M

                          0.15% Thereafter

                        0.20% on First $100M
 High Quality Short
                        0.15% on Next $100M
   Duration Core
                          0.15% Thereafter

                        0.30% on First $50M

                        0.25% on Next $50M
  Investment Grade
     Constrained
                        0.20% on Next $100M

                          0.15% Thereafter

                        0.25% on First $25M

Opportunistic Core –    0.20% on Next $25M
 Investment Grade
    Constrained         0.15% on Next $50M

                          0.10% Thereafter

                                         FIRM BROCHURE

                           0.40% on First $50M

                           0.35% on Next $50M
  U.S. Corporate High
         Yield
                           0.30% on Next $100M

                             0.25% Thereafter

                           0.45% on First $50M

                           0.40% on Next $50M
 U.S. High Yield – Total
         Return
                           0.35% on Next $100M

                             0.30% Thereafter

                           0.50% on First $50M

                           0.36% on Next $50M
   Emerging Markets
                                                                           0.60% on all assets
       Blended
                           0.31% on Next $100M

                             0.26% Thereafter

                           0.42% on First $50M

                           0.30% on Next $50M
Emerging Markets Short-
      Term Bond
                           0.26% on Next $100M

                             0.22% Thereafter

                           0.44% on First $50M

                           0.32% on Next $50M
Emerging Markets Bond
                                                                           0.60% on all assets
  Local Currencies
                           0.28% on Next $100M

                             0.24% Thereafter

                           0.42% on First $50M

                           0.30% on Next $50M
Emerging Markets Hard
      Currency                                                             0.60% on all assets
                           0.26% on Next $100M

                             0.22% Thereafter

                           0.30% on First $50M

                           0.25% on Next $50M
     Agency MBS
                           0.20% on Next $100M

                             0.15% Thereafter
                           0.35% on First $50M       0.30% on First $50M
    Aggregate Core
                           0.30% on Next $50M        0.25% on Next $50M
...

Account Minimums and Types of Clients — Form ADV Part 2A (3/30/2020) [Brochure]
Types of Clients APIAM provides investment advisory services to various entities including unregistered pooled investment vehicles, CITs, pension and profit sharing plans and separate account clients such as charitable organizations, endowments, high net worth individuals, corporations and other businesses, central and supranational banks and state and local retirement boards. Advisory services are limited to portfolio management services for businesses or institutional clients. The foregoing entities may be organized in the United States or other countries. Separately managed accounts require an initial investment of $100,000. Additional investments into a separately managed account are not subject to a minimum requirement. The minimum account size for CIT’s and unregistered pool vehicles is typically $3 million. Methods of Analysis, Investment Strategies and Risk of Loss APIAM offers a broad range of U.S., international, global, fixed income, and equity solutions – including our suite of multi-sector strategies – for institutional investors. The firm's commitment to original, fundamental research and solid investment opportunities, coupled with our global reach, allow us to meet the sophisticated needs of today's institutional investors. At times, equity and fixed income investments may represent industries or industry sectors that are interrelated or have common risks, making it more susceptible to any economic, political, or regulatory developments or other risks affecting those industries and sectors. In addition, investing in foreign and/or emerging markets securities involves risks relating to interest rates, currency exchange rates, economic, and political conditions. APIAM offers the following types of institutional investment solutions: FIRM BROCHURE Equity Strategies Disciplined The Disciplined Growth Strategy is an Principal Risks: Growth actively managed, US large-cap growth  Market risk strategy. The Strategy combines bottom-up  Value style risk fundamental analysis with disciplined stock  Risk of non-US evaluation models, while relying on the investments expertise of Amundi Pioneer's seasoned  Risk of investments in Research team. Proprietary risk analysis can REITs result in the disciplined execution of the  Derivatives risk investment philosophy and a strong return  Leveraging risk profile over time.  Redemption risk US Dividend The US Dividend Equity Strategy is an Principal Risks: Equity actively managed, value-oriented, large-cap  Market risk equity strategy that seeks to limit risk and  Value style risk maximize returns by investing a diversified  Risk of non-US portfolio of high-quality companies that have investments consistently paid and/or increased dividends  High yield bond risk over time.  Risk of investments in REITs  Derivatives risk  Leveraging risk  Redemption risk Disciplined The Disciplined Value Strategy is an actively Principal Risks: Value managed, US large-cap value strategy.  Market risk Focused on proprietary fundamental and  Growth style risk quantitative analysis, the Strategy seeks to  Risk of non-US leverage the expertise of Amundi Pioneer's investments seasoned Research team within a risk-  Small and mid-size constrained portfolio. Proprietary risk analysis companies risk can result in the disciplined execution of the  Derivatives risk investment philosophy and a strong return  Leveraging risk profile over time.  Redemption risk US Core Equity The US Core Equity Strategy seeks long-term Principal Risks: capital growth by investing primarily in US  Market risk large-cap equity securities and diversifying  Mid-size companies across a broad range of market sectors. It risk employs a valuation conscious approach, one  Portfolio selection risk that focuses on the quality and price of  Value style risk individual securities, while following a  Preferred stocks risk research-based investment strategy to select  Risks of investment in stocks with above average growth potential. other funds  Debt securities risk  Risks of non-US investments  Derivatives risk FIRM BROCHURE  Leveraging risk  Liquidity risk ...

Account Minimums and Types of Clients — Form ADV Part 2A (3/30/2020) [Brochure]

Types of Clients

APIAM provides investment advisory services to various entities including unregistered pooled
investment vehicles, CITs, pension and profit sharing plans and separate account clients such as
charitable organizations, endowments, high net worth individuals, corporations and other
businesses, central and supranational banks and state and local retirement boards. Advisory
services are limited to portfolio management services for businesses or institutional clients. The
foregoing entities may be organized in the United States or other countries.

Separately managed accounts require an initial investment of $100,000. Additional investments
into a separately managed account are not subject to a minimum requirement. The minimum
account size for CIT’s and unregistered pool vehicles is typically $3 million.

 Methods of Analysis, Investment Strategies and Risk of Loss

APIAM offers a broad range of U.S., international, global, fixed income, and equity solutions –
including our suite of multi-sector strategies – for institutional investors. The firm's commitment
to original, fundamental research and solid investment opportunities, coupled with our global
reach, allow us to meet the sophisticated needs of today's institutional investors.

At times, equity and fixed income investments may represent industries or industry sectors that
are interrelated or have common risks, making it more susceptible to any economic, political, or
regulatory developments or other risks affecting those industries and sectors. In addition,
investing in foreign and/or emerging markets securities involves risks relating to interest rates,
currency exchange rates, economic, and political conditions.

APIAM offers the following types of institutional investment solutions:

                                       FIRM BROCHURE

Equity Strategies
Disciplined         The Disciplined Growth Strategy is an              Principal Risks:
Growth              actively managed, US large-cap growth               Market risk
                    strategy. The Strategy combines bottom-up           Value style risk
                    fundamental analysis with disciplined stock         Risk of non-US
                    evaluation models, while relying on the              investments
                    expertise of Amundi Pioneer's seasoned              Risk of investments in
                    Research team. Proprietary risk analysis can         REITs
                    result in the disciplined execution of the          Derivatives risk
                    investment philosophy and a strong return           Leveraging risk
                    profile over time.                                  Redemption risk
US Dividend         The US Dividend Equity Strategy is an              Principal Risks:
Equity              actively managed, value-oriented, large-cap         Market risk
                    equity strategy that seeks to limit risk and        Value style risk
                    maximize returns by investing a diversified         Risk of non-US
                    portfolio of high-quality companies that have        investments
                    consistently paid and/or increased dividends        High yield bond risk
                    over time.                                          Risk of investments in
                                                                         REITs
                                                                        Derivatives risk
                                                                        Leveraging risk
                                                                        Redemption risk
Disciplined         The Disciplined Value Strategy is an actively      Principal Risks:
Value               managed, US large-cap value strategy.               Market risk
                    Focused on proprietary fundamental and              Growth style risk
                    quantitative analysis, the Strategy seeks to        Risk of non-US
                    leverage the expertise of Amundi Pioneer's           investments
                    seasoned Research team within a risk-               Small and mid-size
                    constrained portfolio. Proprietary risk analysis     companies risk
                    can result in the disciplined execution of the      Derivatives risk
                    investment philosophy and a strong return           Leveraging risk
                    profile over time.                                  Redemption risk
US Core Equity      The US Core Equity Strategy seeks long-term        Principal Risks:
                    capital growth by investing primarily in US         Market risk
                    large-cap equity securities and diversifying        Mid-size companies
                    across a broad range of market sectors. It           risk
                    employs a valuation conscious approach, one         Portfolio selection risk
                    that focuses on the quality and price of            Value style risk
                    individual securities, while following a            Preferred stocks risk
                    research-based investment strategy to select        Risks of investment in
                    stocks with above average growth potential.          other funds
                                                                        Debt securities risk
                                                                        Risks of non-US
                                                                         investments
                                                                        Derivatives risk

                                  FIRM BROCHURE

                                                                 Leveraging risk
                                                                 Liquidity risk
...

Type	Form D Funds	Date	Sold	AUM
HF	Carolina Institutional Short Duration Fund	[2012-04-02]	165.0 M	57.1 M
	Filed 2019-02-12 (D/A) · Exemption 506(b), 3(c), 3(c)(7) · Remaining Indefinite · Duration More than one year · Net Assets Decline to Disclose
HF	Carolina Institutional Short Duration Fund Ltd	[2012-04-02]	195.9 M
	Filed 2019-02-12 (D/A) · Exemption 506(b), 3(c), 3(c)(7) · Minimum $100,000 · Remaining Indefinite · Duration More than one year · Net Assets Decline to Disclose
HF	Carolina Institutional Short Duration Master Ltd	2012-04-02		57.1 M
HF	Metropolitan Life Insurance Company on Behalf of ITS Seperate Account No 389	2012-04-02		11.5 M

AUM Breakdown	Accounts	AUM ($B)
By Client Type
(a) Individuals (other than high net worth individuals)	0	0.0
(b) Individuals (high net worth individuals)	0	0.0
(c) Banking or thrift institutions	0	1.9
(d) Investment companies	4	0.5
(e) Business development companies	0	0.0
(f) Pooled investment vehicles	24	3.8
(g) Pension and profit sharing plans	8	3.7
(h) Charitable organizations	0	0.6
(i) State or municipal government entities	5	4.4
(j) Other investment advisers	0	0.0
(k) Insurance companies	10	1.1
(l) Sovereign wealth funds and foreign official institutions	0	0.0
(m) Corporations or other businesses not listed above	0	0.0
(n) Other	9	1.9
Total	105	17.9
By Discretionary
Discretionary	98	17.2
Non-Discretionary	7	0.7
Total	105	17.9
By Non-United States Persons
Non-United States Persons		5.8
United States Persons		12.1
Total	105	17.9

Limited Partners	2011 - 2026
Teachers' Retirement System of the City of New York
Virginia Retirement System

Form D Directors	Role	# Filings	# Firms
Amundi Pioneer Institutional Asset Management Inc	Executive Officer	5	4
Amundi Smith Breeden LLC	Executive Officer	5	4
Michael Giarla	Executive Officer	8	3
Stephen Eason	Executive Officer	7	3
Eugene Flood	Executive Officer	4	3
Stanley Kon	Executive Officer	5	2
Smith Breeden Associates Inc	Promoter	4	2
Daniel Dektar	Executive Officer	4	2
US Bank Trust National Association	Director	2	2
Daniel Adler	Executive Officer	2	2
View All

EDGAR Form	CIK	2011 - 2026
13F-NT	[0001455160]

Firm Profile (Form ADV)
Discretionary AUM	$5.1B
Clients	5 (25 non-US)
Serves	Institutional, Retail, Research
Fund Types	Hedge Fund
LEI	V1QWE89KXTBDVBPXL354

Related Firms	State	AUM
Amundi Pioneer Asset Management Inc ✚	MA
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Amundi Pioneer Institutional Asset Management Inc

Assets, Funds, Holdings