Citywire - For Professional Investors

Register to get unlimited access to all of Citywire’s fund manager database. Registration is free and only takes a minute.

Allianz launches European growth fund for star duo

Allianz launches European growth fund for star duo

Allianz Global Investors has launched a new European equity fund which will be managed by two of its leading growth managers, Matthias Born and Thorsten Winkelmann.

The Luxembourg-domiciled Allianz Europe Equity Select fund, with a selection of 30-45 stocks, is a more concentrated portfolio than the firm's Allianz Europe Equity Growth fund and the Allianz Euroland Equity Growth funds currently overseen by the team.

Both managers have outperformed their benchmark over the last three years with Born receiving a Eurostars AA rating and Winkelmann  a Eurostars AAA rating.

The managers will adopt the bottom-up approach applied across their equity growth strategies but will be less concerned in following the weightings of the allocated benchmark, the S&P Large Cap Growth index.

In order to ensure that the risk related to a more concentrated portfolio is adequately compensated, the fund will invest in companies with a minimum €5 billion market capitalisation.

In the past three years the Allianz Europe Equity Growth fund, with more than €1 billion in assets, has returned 52.3%. Its benchmark, the S&P Europe LargeMidCap Growth index, rose 30.8% in the same period.

The fund, that is launched without seed money, is currently awaiting approval from Swiss and Polish regulatory authorities but is available elsewhere in Europe.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Events
  • Citywire Asia Bangkok Retreat 2018: day one images

    Citywire Asia Bangkok Retreat 2018: day one images

  • Citywire Asia Bangkok Retreat 2018: day two images

    Citywire Asia Bangkok Retreat 2018: day two images

  • Citywire Asia Taipei Retreat 2017: day one images

    Citywire Asia Taipei Retreat 2017: day one images

  • Citywire Asia Taipei Retreat 2017: day two images

    Citywire Asia Taipei Retreat 2017: day two images

  • Citywire Asia Bangkok Retreat 2017: day one images

    Citywire Asia Bangkok Retreat 2017: day one images

  • Citywire Asia Bangkok Retreat 2017: day two images

    Citywire Asia Bangkok Retreat 2017: day two images

  • Images from Citywire Thailand Forum 2017

    Images from Citywire Thailand Forum 2017

  • Citywire Asia Awards 2017: images from Singapore

    Citywire Asia Awards 2017: images from Singapore

  • Citywire Asia Awards 2017: images from Hong Kong

    Citywire Asia Awards 2017: images from Hong Kong

  • Citywire Asia Retreat in Bangkok: day two images

    Citywire Asia Retreat in Bangkok: day two images

  • Bangkok buzz: day 1 images from our Asia Retreat

    Bangkok buzz: day 1 images from our Asia Retreat

  • Images from Citywire's Thailand Forum

    Images from Citywire's Thailand Forum

  • Pictures from Citywire's Hong Kong forum

    Pictures from Citywire's Hong Kong forum

  • Images from our Citywire Singapore Forum

    Images from our Citywire Singapore Forum