Active investment managers Allianz Global Investors has announced that it has launched its multi-theme Allianz Thematica strategy to the UK retail market as a local OEIC product.
The firm writes that the Allianz Thematica strategy will offer UK investors the opportunity to participate in exciting growth areas of the world’s economy through a UK domestic vehicle.
Since inception in December 2016, Allianz Thematica A EUR has returned 110.14 per cent versus 76.45 per cent for the benchmark index MSCI AC World (fund performance net of fees in GBP, as of 31 March 2022). Due to the high level of diversification, Allianz Thematica has shown a similar absolute risk to global equity markets (as represented by the MSCI AC World Index). The assets under management have now grown to the equivalent of GBP3.0 billion.
The firm writes that by defining a set of five to seven promising investment themes, Allianz Thematica allows investors to participate in the opportunities arising from structural shifts, typically driven by innovation, demographic change, resources scarcity, or urbanisation.
The strategy invests in global equity markets, striving to build a diversified portfolio with a focus on theme, sector, and stock selection. Currently, the portfolio themes that the strategy taps into include Next Generation Energy, Digital life, Health Tech, Infrastructure and the Pet Economy.
Andreas Fruschki, Head of Thematic Equity at AllianzGI says: “Thematic investing is a way of tuning out the noise, identifying the underlying long-term patterns and helping our clients to benefit from them. Allianz Thematica is unconstrained by region, sector or market cap, and views companies as either winners or losers of a trend – allowing us to pick the most promising companies globally, taking advantage of our freedom to be truly active.
“We are excited to bring this strategy to the UK market, offering UK investors the opportunity to stay ahead of the curve by investing in the most promising areas of tomorrow’s global economy.”
Neil Brown, Head of UK Distribution at AllianzGI says: “Thematica is one of AllianzGI’s flagship product offerings and I am excited we are now able to introduce the Fund to UK investors.
“We see this product sitting neatly alongside more mainstream global equity portfolios, helping to achieve long term capital growth whilst also acting as a portfolio diversifier.
“We also look forward to showcasing some of the Fund’s underlying themes such as Clean Water and Land, Health Tech and Next Generation Energy and helping our investors to access these exciting areas of long-term structural change for their clients.”
The fund will be available in C and W share classes. It will be managed by Andreas Fruschki, Head of Thematic Equity and Gunnar Miller, Global Director of Research at AllianzGI.