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Corporate Profile

Baroda Pioneer Asset Management Company Limited

Baroda Pioneer Asset Management Company Limited was formed as a wholly owned subsidiary of Bank of Baroda in 1995 with the key focus of managing the assets of Baroda Pioneer Mutual Fund.

Bank of Baroda entered into an agreement on 5 October, 2007 with Pioneer Investments (Pioneer Global Asset Management SpA), a global asset manager with 80 years of experience and assets under management of just under € 187.86 billion (as on September 30, 2008).

Consequent to the agreement and necessary regulatory approvals, Pioneer Investments has acquired a stake of 51% in Baroda Pioneer Asset Management Company. The Fund and the AMC are being renamed as Baroda Pioneer Mutual Fund and Baroda Pioneer Asset Management Company Limited.

The Fund currently manages five equity funds, one balanced fund, three debt funds and one liquid fund.

With a focus on enhancing the overall customer experience, Baroda Pioneer Asset Management Company is working towards:

1	Enhancing the existing product range to include products that will provide investors with a much wider choice suited to their diverse needs and risk profiles
2	Providing access to international product offerings through the range available with Pioneer Investments across its global network
3	Providing superior and consistent investment performance through sound local investment management supported by expertise available across the globe
4	Creating an increasing number of access points for investors through the vast branch network of Bank of Baroda
5	Bringing in the highest levels of compliance and corporate governance
6	Introducing increasingly innovative and useful service features on an ongoing basis
7	Making it easier for investors to receive prompt and empathetic customer service