AllianzGI exports successful Voya strategy to Europe and Asia
- Voya IM's long-standing successful fixed-income strategy is offered to clients worldwide as the "Allianz US Investment Grade Credit" fund
- New milestone in the partnership between AllianzGI and Voya IM
01.06.2023 | The strategic distribution partnership between Allianz Global Investors (AllianzGI) and Voya Investment Management (Voya IM) agreed in the middle of last year reaches a new milestone. A long-standing successful fixed income strategy from Voya IM investing in US corporate bonds is now also available in a UCITS wrapper. As the Allianz US Investment Grade Credit fund, AllianzGI will now offer this strategy to clients in Europe and Asia.
The investment strategy of the Allianz US Investment Grade Credit fund is essentially based on investments in US investment grade corporate bonds - a very broad and liquid market segment that offers a high degree of diversification opportunities. Historically, this segment has a low correlation with equities or other bond market sectors such as high yield or emerging market bonds.1 The objective of the strategy is to generate current income and capital growth for investors.2
Neil Brown, Head of Distribution UK, comments:
"We are pleased to be able to offer Voya's established strategy to our UK clients. For many of them, a certain exposure to the large and liquid market segment of US corporate bonds makes sense as part of their differentiated portfolio. We can now offer them this in a special product. The Allianz US Investment Grade Credit fund thus complements very well our existing fixed income product offering, such as the successful The Allianz Strategic Bond Fund."
Tobias Pross, CEO of AllianzGI, comments:
"The launch of the Allianz US Investment Grade Credit fund as a UCITS variant of a tried and tested Voya strategy is a visible sign that the partnership entered into with Voya IM in the middle of last year is being lived by both sides. This global, strategic distribution partnership provides for AllianzGI to distribute Voya IM's investment strategies outside the US and Canada. This allows us to offer a broader range of investment strategies to our global client base. The partnership only works so smoothly because Voya IM complements our own strengths, presence and culture. We look forward to further exploiting this potential for the clients of both companies."
For further information please contact
Sophie Niven
Tel. +44 7500 785667
sophie.niven@allianzgi.com
Marion Leblanc-Wohrer
Tel. +33 68515 7454
marion.leblancwohrer@allianzgi.com
About Allianz Global Investors:
Allianz Global Investors is a leading active asset manager with more than 600 investment professionals in over 20 locations worldwide, managing assets of €514 billion. We invest for the long term and strive to create value for our clients at every stage of the process. We do this by being proactive - in the way we work with our clients and anticipate their changing needs, and by developing solutions based on expertise in exchange-traded and private markets. Our focus on protecting and enhancing the value of our clients' assets naturally leads to a commitment to sustainability to effect positive change. Our goal is to enhance the investment experience for our clients, regardless of their location or objectives.
Data as at 31 March 2023. Total assets under management are the assets or securities portfolio valued at current market value for which the Allianz Asset Management companies are responsible to clients for discretionary investment decisions and portfolio management, either directly or through a sub-advisor. Excluded are assets for which the Allianz Asset Management Companies are primarily responsible only for administrative services. Assets under management are managed both on behalf of third parties and on behalf of the Allianz Group.
1 Source Bloomberg; correlations based on monthly data from January 2007 to March 2023. Past performance is no indicator of future results. Diversification is no guarantee of return or protection against losses.
2 Success of the strategy cannot be guaranteed and losses are possible.