Planned leadership changes at AllianzGI

05/02/2020

Summary

Allianz Global Investors, one of the world’s leading active investment managers, announced today leadership changes that will take effect on 1 January 2020 as part of the firm’s succession plan.

  • Andreas Utermann to retire as CEO as part of succession plan to take effect 1 January 2020
  • Tobias C. Pross to take over as CEO of AllianzGI
  • Deborah Zurkow to become Global Head of Investments

Tobias C. Pross, currently Global Head of Distribution, and Deborah Zurkow, currently Global Head of Alternatives, will succeed Andreas Utermann as CEO and Global Head of Investments, respectively. Andreas Utermann will be available to the leadership of the firm on an advisory basis for the first six months of 2020.

Andreas joined Allianz in 2002, initially to help build a world class multi-boutique investment organisation. Since 2012, he has led AllianzGI – first as co-head and Global CIO and since 2016 as CEO – establishing a globally integrated investment firm dedicated to active management. Under Andreas Utermann’s leadership, AllianzGI has built out its Fixed Income and Alternatives platforms, strengthened its advisory capabilities and established itself as a leader in Sustainable investing.

With over 20 years of experience within Allianz Group, Tobias Pross has been instrumental in the development of AllianzGI’s client-centric business strategy, which has seen it enter into and strengthen a number of its distribution channels and place a strong emphasis on advice and superior client experience. He has been a member of AllianzGI’s Global Executive Committee since 2015.

Since joining AllianzGI in 2012, initially to establish its Infrastructure Debt capability, Deborah Zurkow has overseen the rapid growth of its Alternatives platform, which now accounts for over EUR 80bn in assets under management. She has championed the opportunity for institutional clients to co-invest alongside Allianz in a number of AllianzGI’s private market strategies. Deborah has been a member of AllianzGI’s Global Executive Committee since 2016.

Commenting on the succession, Andreas Utermann said:

“Leaving AllianzGI will not be easy. Having had the opportunity to work alongside so many talented and engaging people, to develop and lead a strong team and to build a respected global investment business, is a source of great pride. It is therefore comforting to be able to pass on the leadership of the firm to Tobias and Deborah, both of whom have the energy, insight and values to develop further AllianzGI’s offering and reputation.”

Jackie Hunt, member of the Allianz Board of Management with responsibility for asset management, commented:

“On behalf of the Board, I would like to thank Andreas for the passion, care and clear-sightedness he has brought to the development of AllianzGI over many years. He will be missed. He hands over the leadership of the firm to individuals who are well placed to make the best of the options available to AllianzGI to continue to serve clients well in a period of change within the industry. I wish Andreas well and look forward to working more closely with Tobias and Deborah from 2020.”


 

For further information please contact:
John Wallace, Tel. +44 20 3246 7588 Email: john.wallace@allianzgi.com
Alastair Fairbrother +44 (0) 20 3246 7432 Email: alastair.fairbrother@allianzgi.com
Stefan Lutz, +49 69 2443 1 4276 Email: stefan.lutz@allianzgi.com


Notes to editors:

Individual biographies can be found at the following links:
Andreas Utermann
Tobias Pross
Deborah Zurkow

The biographies of all the members of AllianzGI’s Global Executive Committee can be found here


About Allianz Global Investors:

Allianz Global Investors is a leading active asset manager with over 790 investment professionals in 25 offices worldwide and managing more than EUR 557 billion in assets for individuals, families and institutions*.

Active is the most important word in our vocabulary. Active is how we create and share value with clients. We believe in solving, not selling, and in adding value beyond pure economic gain. We invest for the long term, employing our innovative investment expertise and global resources. Our goal is to ensure a superior experience for our clients, wherever they are based and whatever their investment needs.

Active is: Allianz Global Investors


*AUM data as at 30 September 2019, other data at 30 June 2019.

 

Investing involves risk. The value of an investment and the income from it will fluctuate and investors may not get back the principal invested. Past performance is not indicative of future performance. This is a marketing communication. It is for informational purposes only. This document does not constitute investment advice or a recommendation to buy, sell or hold any security and shall not be deemed an offer to sell or a solicitation of an offer to buy any security.

The views and opinions expressed herein, which are subject to change without notice, are those of the issuer or its affiliated companies at the time of publication. Certain data used are derived from various sources believed to be reliable, but the accuracy or completeness of the data is not guaranteed and no liability is assumed for any direct or consequential losses arising from their use. The duplication, publication, extraction or transmission of the contents, irrespective of the form, is not permitted.

This material has not been reviewed by any regulatory authorities. In mainland China, it is used only as supporting material to the offshore investment products offered by commercial banks under the Qualified Domestic Institutional Investors scheme pursuant to applicable rules and regulations. This communication's sole purpose is to inform and does not under any circumstance constitute promotion or publicity of Allianz Global Investors products and/or services in Colombia or to Colombian residents pursuant to part 4 of Decree 2555 of 2010. This communication does not in any way aim to directly or indirectly initiate the purchase of a product or the provision of a service offered by Allianz Global Investors. Via reception of his document, each resident in Colombia acknowledges and accepts to have contacted Allianz Global Investors via their own initiative and that the communication under no circumstances does not arise from any promotional or marketing activities carried out by Allianz Global Investors. Colombian residents accept that accessing any type of social network page of Allianz Global Investors is done under their own responsibility and initiative and are aware that they may access specific information on the products and services of Allianz Global Investors. This communication is strictly private and confidential and may not be reproduced. This communication does not constitute a public offer of securities in Colombia pursuant to the public offer regulation set forth in Decree 2555 of 2010. This communication and the information provided herein should not be considered a solicitation or an offer by Allianz Global Investors or its affiliates to provide any financial products in Panama, Peru, and Uruguay. In Australia, this material is presented by Allianz Global Investors Asia Pacific Limited (“AllianzGI AP”) and is intended for the use of investment consultants and other institutional/professional investors only, and is not directed to the public or individual retail investors. AllianzGI AP is not licensed to provide financial services to retail clients in Australia. AllianzGI AP (Australian Registered Body Number 160 464 200) is exempt from the requirement to hold an Australian Foreign Financial Service License under the Corporations Act 2001 (Cth) pursuant to ASIC Class Order (CO 03/1103) with respect to the provision of financial services to wholesale clients only. AllianzGI AP is licensed and regulated by Hong Kong Securities and Futures Commission under Hong Kong laws, which differ from Australian laws.

This document is being distributed by the following Allianz Global Investors companies: Allianz Global Investors U.S. LLC, an investment adviser registered with the U.S. Securities and Exchange Commission; Allianz Global Investors Distributors LLC, distributor registered with FINRA, is affiliated with Allianz Global Investors U.S. LLC; Allianz Global Investors GmbH, an investment company in Germany, authorized by the German Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin); Allianz Global Investors (Schweiz) AG, licensed by FINMA (www.finma.ch) for distribution and by OAKBV (Oberaufsichtskommission berufliche Vorsorge) for asset management related to occupational pensions in Switzerland; Allianz Global Investors Asia Pacific Ltd., licensed by the Hong Kong Securities and Futures Commission; Allianz Global Investors Singapore Ltd., regulated by the Monetary Authority of Singapore [Company Registration No. 199907169Z]; Allianz Global Investors Japan Co., Ltd., registered in Japan as a Financial Instruments Business Operator [Registered No. The Director of Kanto Local Finance Bureau (Financial Instruments Business Operator), No. 424, Member of Japan Investment Advisers Association and Investment Trust Association, Japan];and Allianz Global Investors Taiwan Ltd., licensed by Financial Supervisory Commission in Taiwan.

 

AllianzGI comments on takeover bid for UDG

24/05/2021

Summary

As a long-term active investor, Allianz Global Investors (AllianzGI) devotes significant resources to fundamental research and our portfolio managers invest in companies where they see the potential to realise value on behalf of clients. AllianzGI engages with investee companies in a constructive manner to achieve the best outcomes.

 

Allianz Global Investors

You are now leaving the Allianz Global Investors’ website and being redirected to

Welcome to the Allianz Global Investors website dedicated to the United Kingdom

Select Role
  • Adviser & Wealth Manager
  • Individual Investor
  • Institutional Investor
  • You have connected to this site as a “Professional” as defined by MiFID.  To continue, you must have the experience and knowledge required in investment management, particularly regarding the risks involved in accessing this site.

    If you are not a “Professional” client, we invite you to leave this page and reconnect on the “Individuals” page from the Allianz Global Investors website.

    US persons: The information shown on this site is not intended for US citizens, US nationals, or to those US persons such as defined by “Regulation S” of the Securities and Exchange Commission under the Security Act of 1933.

    This site is only intended to provide information on Allianz Global Investors and the products authorised for marketing in the UK.  The information presented on this site does not constitute an offer to sell or subscribe to a financial instrument.

    The information, and opinions expressed on this site are subject to change and may be modified at any time and without prior warning.

    Your access is subject to the UK regulation and to the legal terms and general conditions of access to this site.

    In choosing to access our site, you acknowledge that you understand and accept these conditions.  We advise, for your best interest, to read these conditions carefully.

    Please read the following page carefully before proceeding as it contains important information concerning your use of the website and explains certain legal and regulatory restrictions applicable to any investment in Allianz Global Investors investment products. By pressing ‘Accept’ you agree that you have read and understood the following information.

    The material on this site is directed only at persons in the UK and does not constitute an offer or invitation to buy or sell the funds to persons in any jurisdiction other than the UK.

    Allianz Global Investors (AllianzGI) has taken reasonable care to ensure the accuracy of information available through the site. However, the information may be amended at any time by AllianzGI without notice. As far as it is permitted under the Financial Services and Markets Act 2000, AllianzGI does not accept liability for any loss, direct or indirect, owing to reliance on any information contained herein.

    The views and opinions expressed herein, which are subject to change without notice, are those of the issuer companies at the time of publication.  They are subject to change and should not be interpreted as investment advice which AllianzGI is not authorised to give.

    This site may provide links to third party websites over which AllianzGI has no control. These links are provided for your convenience and AllianzGI accepts no responsibility for the content of such websites.

    For your security we may record or randomly monitor all telephone calls.

    A word of warning
    Past performance does not predict future returns. The value of an investment and the income from it may fall as well as rise and investors might not get back the full amount invested. Exchange rate fluctuations may vary causing the value of overseas investments to go down or up. For your own security any calls may be recorded and randomly monitored.

    For information on any specific risks associated with our funds and products please see our Key Investor Information Documents (KIIDs) and Supplementary Information Documents (SIDs).

    The use of this website is subject to English Law and any dispute will fall under the jurisdiction of the English courts.

    Regulation and Status Disclosure
    Allianz Global Investors represents products and services of Allianz Global Investors UK Limited, www.allianzglobalinvestors.co.uk. Allianz Global Investors UK Limited is an investment company incorporated in the United Kingdom, with its registered office at 199 Bishopsgate, London, EC2M 3TY.

    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.  

    Throughout the website Allianz Global Investors UK Limited may sometimes be referred to as Allianz Global Investors or AllianzGI.

    Copyright
    Copyright in this website is owned by Allianz Global Investors UK Limited. The copyrights of third parties are reserved.

    You may download or print a hard copy of individual pages and/or sections of the website, provided that you do not remove any copyright or other proprietary notices. Any downloading or other copying from the website will not transfer title to any software or material to you.

    You may not reproduce (in whole or part), transmit (by electronic means or otherwise), modify, link or use for any public or commercial purpose the website without the prior permission of Allianz Global Investors.

    Cookies
    Allianz Global Investors UK Limited uses session cookies for the purpose of saving data relating to the management of a user session in the memory of the web browser on the user's computer. By cookie it is meant the small text file that is stored on the hard disk of a computer by the web browser on the said computer. Such file contains information sent by the web server of the Website that a user has visited. The information derived from session cookies enables Allianz Global Investors UK Limited to identify which areas of the Website are seemingly of more interest to users so that it can improve the Website and the information provided to users. The data which is stored via session cookies does not include any private information regarding the user, and is erased as soon as the browser is shut down. It is to be noted that most web browsers are set up in such a way that they automatically accept cookies. Users can, however, amend the configuration of the web browser on their computers so that they are systematically notified of any instance where the Websites that they are about to visit contain cookies.

Please check the checkbox to accept the terms and conditions.