Andreas Fruschki to lead AllianzGI’s newly created Thematic Equity Team
Allianz Global Investors, one of the world’s leading active investment managers, announced today that it has appointed Andreas Fruschki as head of a newly created Thematic Equity team.
The creation of a Thematic Equity team reflects AllianzGI’s commitment to thematic investing, as more clients look to make investments in a way that aligns with their interests and values. The new team, made up of five experts in thematic investing, will focus on deepening and expanding AllianzGI’s thematic investing capabilities as well as producing in-depth research. The team’s focus on providing stronger thematic research will benefit AllianzGI’s clients as well as supporting AllianzGI’s other investment professionals.
AllianzGI currently manages around EUR 10 billion in global thematic equity strategies which tap into global trends, including Artificial Intelligence (AI) and water scarcity.
Since joining AllianzGI in 2005, Andreas has served as a Research Analyst, Director of Research Europe and Portfolio Manager of various funds. His background and experience in constructing thematic portfolios provides ideal experience for his new role.
As Head of Thematic Equity, Andreas will report to Steve Berexa, CIO Global Equity at AllianzGI. Ralf Stromeyer will take on Andreas’ former role as Director of Research, Europe Equity.
Thematic funds serve a growing market of investors who want to be able to align their money with their convictions about how powerful and secular shifts, triggered by innovation or regulation, might provide new economic growth potential and investment opportunities. They can provide investors with access to forward-looking, long-term growth stories like artificial intelligence or emerging themes that, as well as being associated with economic value creation, resonate with their values and interests.
Unlike many traditional investment strategies, thematic strategies can usually invest with fewer constraints and are generally not tied to a benchmark index, allowing them to effectively capture the disruptive stocks and trends that may give rise to tomorrow’s winners. They are intrinsically actively managed and can embrace any asset class or region, as long as the investment derives a direct benefit from an underlying trend. By investing only in the areas of greatest growth potential globally, thematic funds also provide the social benefit of helping up-and-coming companies in the most cutting edge industries to raise capital and fulfil their potential.
At AllianzGI, for a trend to merit consideration as a thematic strategy, it needs to meet two key criteria:
It must represent a structural shift, typically triggered by technological, demographic or regulatory changes
There must be evidence of broader investment opportunities directly related to that shift
If those requirements are met, AllianzGI will look at firms relevant to that investment theme. If AllianzGI finds the theme investable, the firm can consider building a strategy around it or incorporate the theme into a broader strategy.
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 543 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.
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 for Qualified Domestic Institutional Investors scheme pursuant to applicable rules and regulations and is for information purpose only. This document does not constitute a public offer by virtue of Act Number 26.831 of the Argentine Republic and General Resolution No. 622/2013 of the NSC. 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 Brazil, 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 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 GmbH, an investment company in Germany, authorized by the German Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin); Allianz Global Investors (Schweiz) AG; in HK, by Allianz Global Investors Asia Pacific Ltd., licensed by the Hong Kong Securities and Futures Commission; in Singapore, by Allianz Global Investors Singapore Ltd., regulated by the Monetary Authority of Singapore [Company Registration No. 199907169Z]; in Japan, by 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, the Investment Trust Association, Japan and Type II Financial Instruments Firms Association; in Taiwan, by Allianz Global Investors Taiwan Ltd., licensed by Financial Supervisory Commission in Taiwan; and in Indonesia, by PT. Allianz Global Investors Asset Management Indonesia licensed by Indonesia Financial Services Authority (OJK).