Pioneer Investments is launching two new liquid alternative strategies through Luxembourg-domiciled funds in certain European jurisdictions and through US domestic mutual funds in the US.

Boston, MA-headquartered asset manager Pioneer Investments is launching two new liquid alternative strategies through Luxembourg-domiciled funds in European jurisdictions and through US domestic mutual funds in the US.

A third strategy is also being offered in the US, which is an extension of Pioneer Investments’ Absolute Return Bond strategy, available since 2010.

The Pioneer Long/Short Global Bond strategy provides exposure through both long and short positions to absolute return strategies focused on fixed income and fixed income-related securities, including derivatives. It aims to maintain a duration in the range of -3 to +3 years to minimize interest rate sensitivity.

The Pioneer Long/Short Opportunistic Credit strategy is similar to the Pioneer Long/Short Global Bond strategy but the average portfolio duration will be between -4 and +4 years and provides exposure to equities or equity-linked securities.

Both strategies are managed by Thomas Swaney, head of alternative fixed income, US, and Benjamin Gord, portfolio manager, alternative fixed income, who are supported by Pioneer Investments’ global fixed income team of 63 portfolio managers, 27 credit analysts and 12 portfolio construction/risk management analysts.

Pioneer’s global investment centers are in Boston, Dublin and London. Globally, the firm has over 2,000 staff, 340 of which are investment professionals.