For professional investors only. This is a marketing communication. Please refer to the information document of the AIF before making any final investment decisions.


Trade Finance

Trade finance is an attractive asset class for many investors. However, it brings with it a higher operational complexity than other asset classes. Accessing trade finance therefore requires the right operational framework, a robust infrastructure and a thorough due diligence process. At AllianzGI, we have taken a unique approach to trade finance and have designed our strategy to avoid the common issues of trade finance. In comparison to other trade finance strategies, our strategy’s value chain covers every step of the investment and operational process. This has allowed us to avoid the default and fraud cases that have hit the headlines in recent quarters and deliver an attractive, low-volatility track record.

Our strategy: Allianz Working Capital

AllianzGI has developed a Trade Finance strategy that leverages a diverse panel of sourcing partners and instruments, the Allianz Working Capital strategy (“ALWOCA”). Key characteristics of ALWOCA are:

Ultra short duration strategy targeting cash+ returns with low volatility and correlation with other asset classes

Portfolio management team with extensive experience in credit analysis and private transaction sourcing

Fundamental, research-based process with >30 analysts covering a universe of public and private companies

Utilizes the credit grading of Euler Hermes, a world-leading credit insurer*

In an environment of heightened geopolitical tensions, volatile bond yields and stubborn inflation, trade finance can offer the flexibility and potential returns to help investors navigate the uncertain global outlook.
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Explore Insights


Navigating Rates

Higher tariffs planned by Donald Trump against China, Mexico and other big trading partners could shake up global trade patterns. But we think trade finance can adapt to a more protectionist global landscape as businesses continue to need financing for domestic and cross-border deals.

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Navigating Rates

Disruptions to global trade are in the news almost every week. How do these disruptions impact trade finance investors? What drives deal flow activity for such investors?

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As financial markets grow more convinced of a looming recession, investors have been retreating from risk assets into cash, even as inflation is peaking above 9%. In their search for better alternatives, a broadening range of institutional investor client types are allocating to or researching Trade Finance as a private credit strategy. In his latest blog, AllianzGI’s Mike McGill explains why. Read our latest blog.

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Supply chain strains, geopolitical tensions and a scaling back of bank funding are spurring demand for trade finance. Institutional investors can benefit from the potential for attractive returns and the short duration of the asset class.
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Allianz Global Investors Academy

Learn more about Trade Finance on our interactive platform that is designed to help you learn more about financial trends and topics.

LEARN MORE ABOUT TRADE FINANCE

* EULER HERMES, a company of Allianz. A performance of the strategy is not guaranteed, and losses remain possible.

Trade finance investments are designed for professional investors only and may be illiquid in nature.

This is a marketing communication. Please refer to the legal and regulatory documentation of Allianz Working Capital Fund a sub-fund of Allianz Trade Finance Funds SA, open-ended SICAV-RAIF (the “Fund”) before making any final investment decisions.

Investments in the Fund entail a high degree of risk and no assurance can be given that the investment objectives will be achieved or that investors will receive a return on their capital. Please refer to Fund legal documentation for a full description of General and Specific Risk Factors.

Allianz Global Investors may terminate arrangements made for marketing, including by way of de-notification. The Summary of Investor Rights is available in English, French, German, Italian and Spanish at https://regulatory.allianzgi.com/en/investors-rights.

Investing involves risks. The value of an investment and the income associated with it can go down as well as up. Investors may not get back the full amount invested. Past performance does not predict future results. If the currency in which the past performance is displayed differs from the currency of the country in which the investor is resident, the investor should be aware that the performance shown may be higher or lower due to exchange rate fluctuations if converted into investor’s local currency.

The views and opinions expressed herein, which are subject to change without notice, are the views and opinions of the issuer and / or affiliates at the time of publication. The data used come from various sources and are believed to be correct and reliable at the time of publication. The terms and conditions of all underlying offers or contracts that have been or will be made or concluded take precedence. This document does not contain any statements about the suitability of the investments described here for the individual circumstances of a recipient.

For a free copy of the sales prospectus, incorporation documents, daily fund prices, Key Investor Information Document, latest annual and semi-annual financial reports, contact the issuer at the address indicated below or regulatory.allianzgi.com. Please read these documents, which are solely binding, carefully before investing. This is a marketing communication issued by Allianz Global Investors UK Limited, 199 Bishopsgate, London, EC2M 3TY, www.allianzglobalinvestors.co.uk.   Allianz Global Investors UK Limited, company number 11516839, is authorised and regulated by the Financial Conduct Authority.  Details about the extent of our regulation are available from us on request and on the Financial Conduct Authority's website (www.fca.org.uk). The duplication, publication, or transmission of the contents, irrespective of the form, is not permitted; except for the case of explicit permission by Allianz Global Investors UK Limited. 

February 2022 - AdMaster 2028597

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