Resolution Makes Bid for Pioneer Asset Management, Express Says

Resolution Ltd., a U.K. life insurer, has bid in a first-round auction of Pioneer Global Asset Management, which is owned by UniCredit SpA, the Sunday Express reported, citing unidentified people.

French fund managers Amundi and Natixis SA have also bid for Pioneer, which is based in Dublin, the U.K. newspaper said.

To contact the reporter on this story: Jason Webb in London at jwebb25@bloomberg.net

To contact the editor responsible for this story: Michael Harrison at mharrison5@bloomberg.net

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