Allianz Global Investors announces more changes to senior management

Allianz Global Investors has named James Dilworth as successor to Elizabeth Corley in her position as European chief executive, as she moves to become the asset manager’s global head.

It also announced a new unit to support institutional investors, under European chief market officer Thomas Wiesemann.

Dilworth (pictured), who is now head of Allianz Global Investors for Germany, will take his new position next month.

He will also remain responsible for sales in Europe, the Middle East and Africa, and will also be a member of the Global Executive Committee, which is responsible for managing the global business of AGI.

Corley’s move to become global CEO of the asset manager had already been announced.

Allianz Global Investors also announced a new unit specifically to help institutional clients with their long-term investment needs.

Wiesemann will head it globally from January, encompassing skills in consulting on strategy, risk management, pensions investment, fiduciary management and alternative beta indexing.

Just last month, AGI’s autumn RiskMonitor survey of European institutional investors revealed a plethora of worries for this community.

Some 89% of 140 respondents said volatility was a ‘considerable’ or ‘huge’ risk to meeting their investment goals, well above an already-high 72% recorded in Spring.

About 80% said sovereign debt risk was a similarly sized danger to achieving their goals.

And the proportion of respondents who fear a climate of ‘limited liquidity’ will hit their investment goals doubled from Spring, to 44%.

Wiesemann said: “The persistently challenging capital market environment and regulatory changes are forcing clients to make far-reaching adjustments to their portfolios, as well as to the organization of their asset and risk management.”


Read more from

Close Window
View the Magazine

I also agree to receive editorial emails from InvestmentEurope
I also agree to receive event communications for InvestmentEurope
I also agree to receive other communications emails from InvestmentEurope
I agree to the terms of service *

You need to fill all required fields!