25.04.2023 . Allianz Global Investors (AllianzGI), a leading active investment manager, today announced that it had appointed Shao Ping Guan as its Head of China Equity with effect from 1 July 2023. Based in Hong Kong, Shao Ping will report to Raymond Chan, Chief Investment Officer Equity, Asia Pacific.
Shao Ping Guan will join AllianzGI from Goldman Sachs Asset Management (GSAM), where he has been since 2007, leading their China Equity team since 2017. He brings with him 26 years of investment experience, including 17 years focused on China. Prior to joining GSAM in 2007, Shao Ping held positions at UBS Asset Management, Credit Agricole Asset Management, AXA Asset Management and OUB Asset Management.
Shao Ping will be able to draw on AllianzGI’s deep bench of talent within the China Equity team, with 12 experts (PMs and Analysts). Given the importance that Chinese equities have gained in clients’ portfolios over the past decade, AllianzGI has steadily strengthened the team over time, and are happy to continue to this expansion under Shao Ping’s leadership.
Concurrently, Anthony Wong, Senior Portfolio Manager, will be leaving AllianzGI on 30 June to pursue interests outside the firm. Shao Ping will become sole lead portfolio manager for AllianzGI’s China A strategies, which are currently managed by Anthony, and will be supported by Kevin You as deputy portfolio manager.
Commenting on the succession, Raymond Chan, CIO Equity, Asia Pacific, said:
“We are looking forward to Shao Ping joining AllianzGI later this quarter and further developing our China Equity franchise. We are confident that he possesses the skills and aptitude to lead and develop our strong and experienced China team and the investments we make on behalf of clients around the world into this exciting and increasingly important asset class. We are grateful to Anthony for his leadership in building the China A strategy suite into what it is today, and wish him all the best for his future endeavours.”.
About Allianz Global Investors
Allianz Global Investors is a leading active asset manager, managing EUR 506 billion* in assets for individuals, families and institutions worldwide. By being active and investing for the long term, our goal is to elevate the investment experience for our clients and generate value every step of the way.
Active is: Allianz Global Investors
* Data as of 31 December 2022. Total assets under management are assets or securities portfolios, valued at current market value, for which Allianz Asset Management companies are responsible vis-á-vis clients for providing discretionary investment management decisions and portfolio management, either directly or via a sub-advisor. This excludes assets for which Allianz Asset Management companies are primarily responsible for administrative services only. Assets under management are managed on behalf of third parties as well as on behalf of the Allianz Group.
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).
*Subject to change – depends on the content of the material which may mention certain investment instruments that involve particular risk