Allianz Global Investors is to introduce its multi-award winning Allianz Global Equity Insights Strategy to its UK fund range.
The fund, which follows a unique investment process built on AllianzGI’s proprietary global research platform, is now available to retail investors for the first time as a UK Domiciled, Open Ended Investment Company (OEIC). The new fund is available at a very competitive price (OCF) of 45 basis points for the first GBP100 million of assets.
Global Equity Insights is managed by Steve Berexa, Global Equity CIO at Allianz Global Investors. The fund follows an unconstrained, style agnostic, go anywhere approach, that uses all the best investment themes and ideas from all the research teams at AllianzGI to build a focused global equity portfolio.
Adam Gent (pictured), Head of Retail & Wholesale of Northern Europe, says: “Bringing an established and strong performing fund into our UK range is another step forward for us, and a further demonstration of our commitment to the UK market. We are keen to continually bring the very best of our global business to UK clients at a competitive price point. We have seen broad based demand from clients for this type of strategy and we feel that with its strong track record, unique process and experienced manager; the fund will appeal to UK investors.”
The current investment process has been in place for over five years, with the fund having originally launched in 1999, and has produced, top quartile annualised returns of 16.7 per cent pa vs 12.7 per cent for the benchmark.