Management
| ISIN | LU2014481662 |
|---|---|
| Share Class | Income |
| Ongoing Charge | 1.19% |
| Annual Management Charge | 1.14% |
| Manager Company | Allianz Global Investors |
|---|---|
| Fund Type | SICAV |
| Benchmark | Global Flexible Bond - EUR Hedged |
| Domicile | LUX |
| For Sale in | United Arab Emirates, Switzerland, Germany, France, United Kingdom, Greece, Hong Kong, Ireland, Luxembourg, Singapore |
| Name | Ranjiv Mann |
|---|---|
| Since | 25 July 2022 |
| Bio | Ranjiv Mann is a Senior Portfolio Manager in AllianzGI’s Core Fixed Income – Global Markets Team. He joined the firm in 2016 following the acquisition and integration of Rogge Global Partners, which he joined in 2000. Ranjiv has over 30 years industry experience in macroeconomic research and sovereign strategy. Previously he was a Senior Economist at the Confederation of British Industry (CBI); Ranjiv was also responsible for preparing economic forecasts for the Chancellor of the Exchequer’s Panel of Independent Forecasters and Associate lecturer in Economics at Surrey University. Ranjiv holds an MA in Economics from the University of Manchester, UK, and he is a member of the Society of Business Economists. |
| Name | Filippo Novembri |
|---|---|
| Since | 30 May 2023 |
| Bio | Filippo Novembri is an Associate Portfolio Manager in AllianzGI’s Core Fixed Income – Global Markets Team; he has five years of investment industry experience. Filippo joined the firm in 2019 as an Assistant Portfolio Manager in the LDI team, before joining the Core Fixed Income team in 2020 - initially focusing on portfolio structuring and monitoring for Global Fixed Income portfolios. In 2022, Filippo was promoted to Associate Portfolio Manager, responsible for Global Markets team portfolios. Prior to joining AllianzGI, Filippo worked as Fixed Income Data Analyst for consulting company Capgemini. Filippo holds a BSc in Economics from LUISS University and a MSc in Finance from the London School of Economics; he is also a CFA charterholder and member of the CFA Society. |
| Name | Gaurav Saroliya |
|---|---|
| Since | 09 April 2025 |
| Bio | Gaurav joined AllianzGI in July 2021 as a portfolio manager in Macro Unconstrained fixed income. His main focus has been to help develop the team’s global macro views and develop new unconstrained global-macro strategies. He is currently part of the Global Markets team and acts as a deputy portfolio manager on some of the team’s funds. Gaurav has 20 years’ investment experience. Prior to joining AllianzGI, he was head of global macro strategy at Oxford Economics. Gaurav began his career managing absolute return fixed income strategies at Union Bancaire Privée. Gaurav has a PhD in Economics from York University. |
| Name | Thomas Schwarz |
|---|---|
| Since | 09 April 2025 |
| Bio | Thomas Schwarz is an Associate Portfolio Manager in AllianzGI’s Core Fixed Income – Global Markets Team. He has three years of investment industry experience. Thomas joined the firm in 2021 as an intern with the Business Management Team in Tokyo focusing on data analysis and client reporting on Global Fixed Income portfolios – he speaks fluently in German and English, as well as business proficiency in Japanese. In 2023, Thomas joined the Global Markets Team as an Associate Portfolio Manager. Thomas holds two separate Master’s degrees in Economics from the University of Bonn and the Institut Polytechnique de Paris. |
| Name | Carl Pappo |
|---|---|
| Since | 09 April 2025 |
| Bio | Mr. Pappo is CIO US Fixed Income and a managing director with Allianz Global Investors, which he joined in 2017. As the leader of the US Fixed Income team, his responsibilities include chairing the core strategy team (which sets portfolio risk allocations) and acting as lead portfolio manager for a number of strategies. Mr. Pappo previously worked at Columbia Threadneedle Investments, where he was head of the core fixed-income team; earlier at the firm, he led the credit team and the investment grade research team. Before that, Mr. Pappo worked at Fleet Investment Advisors where he managed taxable fixed-income funds and institutional portfolios. He began his career as a corporate bond trader. Mr. Pappo has a B.S. in accounting from Babson College. He is a CFA charterholder. |
Long-term capital growth and income by investing in global Bond Markets. As part of the investment process, the Investment Manager applies an opportunistic approach, which provides in particular that a spectrum of macro and credit opportunities are accessed. We follow an active management approach with the aim to outperform the Benchmark. In selecting and weighting the fund's assets we do not replicate or reproduce the Benchmark. Sub- Fund assets therefore deviate significantly from the Benchmark. Sub-Fund assets are primarily invested in bonds as described in the investment objective. Max. 30% of Sub-Fund assets may be invested in bonds which at the time of acquisition have a rating of BB+ or below (Standard & Poor’s and Fitch) or, if unrated, as determined by the Investment Manager to be of comparable quality. Max. 30% of Sub-Fund assets may be invested in Emerging Markets. Max. 20% of Sub-Fund assets may be invested in the PRC bond markets. Max. 20% of Sub-Fund assets may be invested in ABS and/or MBS. Max. 100% Sub-Fund assets may be held in deposits and/or may be invested directly in Money Market Instruments and/or (up to 10% of Sub-Fund assets) in money market funds on a temporary basis for liquidity management and/or defensive purpose. Max. 10% of Sub-Fund assets may be invested in UCITS and/or UCI. Duration of Sub- Fund assets should be between 0 and 9 years. Exposure to the base currency of the fund (USD) will be hedged to a large extent against the reference currency of the shareclass (EUR) which reduces the potential risks and limits potential gains from exchange rate movements. Benchmark: SOFR (hedged into EUR). Due to its investment strategy we expect a high volume of transactions which results in higher transactions costs reducing the return of the fund. You may redeem shares of the fund usually on each business day. We usually distribute the income of the fund on a monthly basis. Recommended Holding Period: 3 Years Derivatives may be used to offset exposure to price fluctuations (hedging), to take advantage of price differences between two or more markets (arbitrage) or to multiply gains although it may also multiply losses (leverage). SFDR Category – Article 6 (a financial product that does not consider the EU criteria for environmentally sustainable economic activities)