Allianz Global Investors

Allianz Global Investors (commonly called AllianzGI or AGI), is a global investment management firm with offices in over 20 locations worldwide. Employing nearly 3,000 it manages over EUR 500 billion in assets on behalf of institutional and retail clients. It is owned by global financial services group, Allianz.

Allianz Global Investors
Subsidiary
IndustryFinancial services
Founded1998 - Creation of separate investment unit within Allianz
2012 - Establishment of a globally integrated investment firm
Headquarters
Frankfurt am Main 
,
Germany 
Number of locations
25
Area served
Worldwide
Key people
Tobias C. Pross, CEO and Deborah Zurkow, Global CIO
ServicesInvestment management
Revenue EUR 2,060 million (2018)[1]
EUR 632 million (2018)[1]
AUMEUR 535 billion (Mar 2019)[2]
Number of employees
2900
ParentAllianz
Websitewww.allianzgi.com

Leadership

Tobias C. Pross is Chief Executive Officer (CEO) of Allianz Global Investors, a position he has held since the start of 2020. Prior to 2020, Allianz Global Investors was led by founding CEOs Andreas Utermann and Elizabeth Corley.

History

Allianz first created a separate asset management business in 1998 under the leadership of board member, Joachim Faber. Through a combination of asset management acquisitions as well as acquisitions of other businesses that had asset management units, Allianz established a large asset management division comprising different investment ‘boutiques’.

By 2010 the Allianz asset management division, going under the name of Allianz Global Investors by then had reached EUR 1500bn.[3] In 2011, a decision was taken to combine most of the different investment managers into a globally integrated asset manager;[4] from 2012 Allianz moved to what they call a “two pillar” model where Allianz Global Investors and PIMCO operate separately from each other despite common ownership.[5][6]

When Allianz Global Investors was established as an integrated asset manager in 2012, it was managing EUR 279bn in assets. By March 2019, assets under management were EUR 535bn; these assets were split between investments in equity (25%), fixed income (35%), multi asset (26%) and alternatives (14%).[2]

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References
  1. "Allianz 2018 results - analyst presentation" (PDF). Allianz. p. B29-B31. Retrieved 21 June 2019.
  2. "Facts and figures". AllianzGI website. Retrieved 21 June 2019.
  3. "Allianz 2010 results presentation" (PDF). Allianz website. p. B43. Retrieved 5 September 2018.
  4. Dimitrov, Steve (6 September 2011). "AllianzGI announces restructure". Funds Europe. Retrieved 5 September 2018.
  5. Ricketts, David (28 March 2017). "Culture will keep us apart". Financial News. Retrieved 5 September 2018.
  6. Mooney, Attracta (18 February 2006). "Pimco and AllianzGI: A tale of two fund houses". Financial Times.
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