Pioneer Investments has appointed Brown Brothers Harriman (BBH), MutualFundWire reports. BBH, which has served as custodian, will be handling fund accounting for the Boston-based mutual fund firm.
As a part of the move, nearly 50% of Pioneer’s 41 person fund accounting group will be offered similar jobs at BBH. The transition began in June and is scheduled to be completed by the end of the first quarter of 2012.
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