ESG engagement at AllianzGI continues to grow

04/07/2019

Summary

ESG (Environmental, Social and Governance) engagement activity at Allianz Global Investors, one of the world’s leading active investment managers, continued to grow in 2018.

Key takeaways

  • Latest AllianzGI Sustainable Investing Report highlights industry at ‘tipping point’ in sustainable investing
  • AllianzGI’s engagement activities increased by 75% in 2018

AllianzGI increased its ESG engagement with companies by 75% last year, engaging with companies to seek positive change on specific issues 343 times in 2018, compared to 196 in 2017.

This significant increase underlines AllianzGI’s commitment, as an active manager with a long-term outlook, to act as an active steward of its clients’ assets. These focused engagements, the outcomes of which are monitored and linked to AllianzGI’s proxy voting process, sit alongside the thousands of meetings AllianzGI’s fundamental and ESG analysts hold every year to inform the firm’s investment decisions.

In its latest Sustainable Investment Report, released today, AllianzGI also revealed that integrated ESG assets under management increased by EUR 26.8 billion in 2018, reaching EUR118 billion.


Andreas Utermann, CEO of Allianz Global Investors, comments:
  

“The investment industry appears to be reaching a tipping point, where sustainable investing is no longer seen as a trend but rather as an intrinsic part of the way we run – or at least are expected to run – money as asset managers. As an active investor with a long-term outlook, we consider sustainability issues intuitively in our investment decisions and engagement. For colleagues across AllianzGI, this is part of our firm’s DNA. While our offering in sustainable investing is diverse, our approach is holistic and part of our mission to secure our clients’ future.”

“One inescapably prominent dimension of sustainability relates to climate change. Whatever your beliefs about the causes of the significant changes affecting our environment, it is beyond question that the investment implications in the years and decades to come will be significant. It will fall to active managers to distinguish the potential winners from the losers, and to support the innovation required to tackle these challenges, be it through market finance or other means.”

Other recent Sustainable Investment highlights at AllianzGI that are explored in more detail in the 2019 report, include:

  • February 2019: Proxy voting statistics revealed during the course of 2018, AllianzGI voted against, withheld or abstained from at least one agenda item at 75% of all company meetings globally , a 7% increase on 2017
  • May 2019: Beatrix Anton-Groenemeyer was appointed as AllianzGI’s first Chief Sustainability Officer
  • June 2019: AllianzGI announced a multi-year partnership with The Sea Cleaners to combat plastic pollution in the world’s oceans, further building momentum for sustainability within AllianzGI
  • June 2019: AllianzGI ranked second among the top 100 pan-European fund management firms for ESG/SRI in the 2019 Institutional Investor Excel survey. This included with five portfolio managers and analysts ranking among the top 100 individuals for ESG/SRI.

AllianzGI’s CEO has become a founding member of the Climate Finance Leadership Initiative, which has been tasked by the UN to develop solutions to meet the goals of the Paris Agreement through the mobilisation and deployment of private sector capital.

For further information please contact:
Alastair Fairbrother, Tel. 44 020 3246 7432
Sarah Einig, Tel. 44 020 3246 7846
Vivi McDuell, Tel. 44 020 3246 7251
Email: ukmedia@allianzgi.com


About Allianz Global Investors
Allianz Global Investors is a leading active asset manager with over 770 investment professionals in 25 offices worldwide and managing more than EUR 535 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

*Data as at 31 March 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.

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AllianzGI Hackathon in Hong Kong looks for artificial intelligence solutions to unlock asset value for clients

09/07/2019

Summary

As one of the leading active asset managers, Allianz Global Investors (AllianzGI) is committed to incorporating Artificial Intelligence (AI) and disruptive technology into its services to unlock asset value for clients. Its first Hackathon in Asia, taking place in Hong Kong from 9 to 11 July, has gathered some of the world’s top startups to develop customised AI solutions for the firm.

Key takeaways

  • Inaugural Hackathon in Asia features top global startups working to customise AI solutions for AllianzGI
  • Demonstrates AllianzGI’s commitment as an active asset manager to applying new technology and AI to unlock and create value for clients