New leader invests with structured shares at AGI.
Allianz Global Investors (AGI) has announced a significant change in its systematic equity division, appointing Michael Heldmann as the new investment chief.
Heldmann, who has been a member of AGI's systematic equity team for over 14 years, will take on the role starting in August. He has been responsible for U.S. equities at AGI since 2015, and in 2018, he was appointed as the lead investment chief for AGI's proprietary "Best-Styles-US" strategies.
Heldmann's appointment follows the retirement of Benedikt Henne and Klaus Teloeken from their roles as co-investment chiefs later this year. Heldmann will report to the global equity chief of AGI, Virginie Maisonneuve.
Prior to joining AGI, Heldmann worked at the Geneva-based CERN research center. His role at AGI has also involved serving as a portfolio manager, but he will delegate U.S. strategies to Rohit Ramesh, who is currently serving as the vice-chief for U.S. strategies at AGI.
Heldmann's appointment as the new investment chief for AGI's systematic equity division follows his previous roles overseeing "Best-Styles" strategies for emerging markets and European equities at AGI.
However, it is important to note that the identity and background of the new investment chief for Allianz Global Investors’ systematic equity division cannot be determined with certainty based on the available information. Additional or more specific sources would be needed to answer this question.
The management change at AGI will not alter AGI's equity investment process. Heldmann's appointment is not a new face at AGI, having been a long-standing member of the systematic equity team.
Other members of AGI's business may now focus on finance and investing opportunities within their respective areas, as Heldmann takes over the lead role in the systematic equity division. The new appointment underscores Allianz Global Investors' commitment to continuing its traditional investing strategies and business methods.
