Allianz Global Investors to Develop Global Emerging Market Debt Capability
*Appointment of Greg Saichin to head emerging market debt team
*Asset manager sees significant long-term client demand for investment in
emerging market debt
*Creation of emerging market team follows recent development of its
infrastructure equity, infrastructure debt and regional Asian bonds
NEW YORK -- July 22, 2013
Allianz Global Investors (AllianzGI), a leading global investment management
company, today announced the appointment of an award-winning emerging market
debt specialist to lead its drive in this strategically important investment
Greg Saichin will join AllianzGI as Head of Global Emerging Market Debt in
September. He was previously Head of Emerging Markets &High Yield Fixed Income
Portfolio Management at Pioneer Investments and has over 20 years of
experience in emerging markets, the past 13 as a portfolio manager.
Commenting on the appointment, Andreas Utermann, Co-Head and Global Chief
Investment Officer at AllianzGI, said:
“With the secular rebalancing of global growth from OECD markets toward
emerging economies, emerging market debt is becoming an increasingly
significant and attractive asset class for long term investors. The superior
growth rates will be sustained through higher rates of investment, much of
which will be debt-funded. We are very pleased to be welcoming Greg to
AllianzGI, where his considerable experience and strong track record in this
area will be put in to action immediately.”
The creation of a global emerging market debt offering is the latest in a
series of recent enhancements to AllianzGI’s client offerings. In the past
year, it has built successful infrastructure debt and infrastructure equity
capabilities in addition to a new offering in regional Asian bonds.
As of March 31, 2013, AllianzGI was managing assets worth over USD $400
billion, with a broadly balanced split of equity (38%), fixed income (41%) and
multi-asset (21%) investments.
About Allianz Global Investors
Allianz Global Investors, an integral part of Allianz SE’s asset management
business, is a trusted partner for clients across all major asset classes and
regions. AllianzGI’s teams can be found in 18 markets worldwide, with a strong
presence in the US, Europe and Asia-Pacific. With approximately 500 investment
professionals and an integrated investment platform, AllianzGI covers all
major business centers and growth markets. Its global capabilities are
delivered through local teams to ensure best-in-class service. Generating an
information advantage is fundamental to AllianzGI‘s investment philosophy and
is achieved via specialized in-house research teams across the globe.
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together proven competencies in investment strategy consulting and analytics,
risk management as well as pension investing and related-vehicles.
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Allianz Global Investors
Megan Frank, Phone +212-739-3501
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