Allianz GI confirms Greg Saichin appointment to EMD role
Greg Saichin has been confirmed by Allianz Global Investors as its new head of Global Emerging Market Debt from September, following his departure from Pioneer Investments.
At Pioneer, Saichin (pictured) was head of Emerging Markets & High Yield Fixed Income Portfolio Management. He comes to Allianz with over 20 years of experience, including 13 years as portfolio manager.
Andreas Utermann, co-head and global CIO at AllianzGI, said: “With the secular rebalancing of global growth from OECD markets towards emerging economies, emerging market debt is becoming an increasingly significant and attractive asset class for long term investors. The superior growth rates will be sustained through higher rates of investment, much of which will be debt-funded. We are very pleased to be welcoming Greg to AllianzGI, where his considerable experience and a strong track record in this area will be put in to action immediately.”
Allianz GI has been building its offering in areas such as global emerging market debt, infrastructure debt, infrastructure equity, and Asian bonds.
as of 31 March this year it was managing assets of €316bn, with a balance of 38% in equity, 41% in fixed income, and 21% in multi-asset.