Allianz Global Investors Germany

Allianz Global Investors Europe GmbH
legal form	Company with limited liability
founding	January 1, 2013
Seat	Frankfurt am Main , Hessen , Germany
Website	www.allianzglobalinvestors.de

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Allianz Global Investors GmbH is part of the asset management activities of the Allianz Group, which are bundled worldwide under the name Allianz Global Investors (AllianzGI). The operational activities of AllianzGI companies in the individual countries are managed under the umbrella of three regional holding companies (USA, Asia-Pacific and Europe). In 2012 Allianz Global Investors KAG mbh was renamed Allianz Global Investors Europe GmbH.

Business concept

In Europe, Allianz Global Investors manages a total of 232 billion euros in investments for private and institutional investors in its capital investment company Allianz Global Investors Europe GmbH ( BVI total statistics as of September 30, 2013 “Administration overall”). Active investment strategies and solutions are offered.

Managing directors

The management of Allianz Global Investors GmbH consists of the following members:

Elizabeth Corley (CEO)
Andreas Utermann
Daniel Lehmann
Markus Kobler
Wolfram Peters
Tobias C. Pross

The chairman of the board of directors is Elizabeth Corley.

Subsidiaries and holdings

society	Seat	Participation rate
Allianz Global Investors Luxembourg SA	Senningerberg	100 percent
Dealis Fund Operations GmbH iL	Frankfurt am Main	50.1 percent

history

With cominvest and Allianz Global Investors, the two oldest German fund companies merged at the beginning of 2009.

In 1949 ADIG Allgemeine Deutsche Investment-Gesellschaft was founded in Munich as the first German capital investment company. The founding members were: Bayerische Staatsbank , Bayerische Hypotheken- und Wechselbank , Jüdische Wiedergutmachungsbank , Bankhaus Seiler & Co. In August 1950 ADIG launched the first German investment fund, Fondra (WKN 847100) . A year later, the mixed fund had fund assets of DM 1 million. In October 1950, ADIG launched the first German equity fund, Fondak (WKN 847101) . A year later, Commerzbank takes a stake in ADIG.

DEUTSCHER INVESTMENT-TRUST Gesellschaft für Wertpapieranlagen ( dit ) was founded in 1955. Dresdner Bank is behind the company . In March of the following year the put dit with the Concentra (WKN 847 500) on the first equity fund. In November 1958, dit launched the Thesaurus (WKN 847501), the first accumulating fund in Germany.

In 1960, ADIG offered the “participation-saving” route for the first time in Germany. With regular monthly payments of at least DM 30, investors were able to build up a wealth of securities. In January 1966, dit launched Germany's first pension fund (today: Allianz Euro Rentenfonds , WKN 847504). In 1968 ADIG managed total assets of DM 1 billion. In February 1969, dit offered the International Rentenfonds (today: Allianz Internationaler Rentenfonds , WKN 847505), the first international bond fund in Germany. In 1969 the "special fund company dbi dresdnerbank investment management" was founded. The company quickly became the market leader among German special fund companies. In 1988 the ADIG sister company "ADIG-Investment Luxemburg SA" was founded. In 1990 dit launched the first German term fund . 1995 the first fund portal on the Internet with online sales is realized: www.dit.de. In 1998, Allianz established its own asset management division. At the end of 1999 Commerzbank bought Hypovereinsbank's shares in ADIG and thus holds 85 percent of its capital. The leading US bond fund manager PIMCO was taken over by Allianz and US equity management specialists Nicholas Applegate , Oppenheimer Capital and NFJ Investment Group .

In 2001 Allianz took over Dresdner Bank and bundled its own asset management units as well as its global share manager "Dresdner RCM Global Investors", later RCM, under one roof. With the takeover of Dresdner Bank in July 2001, its investment company Deutscher Investment Trust ( dit ) was also taken over. At the end of 2008 around 250 investment funds with fund assets of around EUR 240 billion were managed. In 2002 Commerzbank's fund business was bundled under the umbrella of COMINVEST Asset Management GmbH. In the same year dit was integrated into the Allianz Dresdner Asset Management (ADAM) division of the Allianz Group. In 2004 "Allianz Dresdner Asset Management" became "Allianz Dresdner Global Investors Germany". In 2006, dit and dbi were merged to form "Allianz Global Investors Kapitalanlagegesellschaft". The strategic repositioning of cominvest was brought into being with the “Alpha” growth program. A visible sign is the merging of the two brands ADIG and COMINVEST. From then on, private and institutional customers were managed under the umbrella of cominvest Asset Management GmbH. In January 2009 Commerzbank pays part of the takeover price for Dresdner Bank into its investment company Cominvest GmbH. For example, cominvest was integrated into "Allianz Global Investors Germany". Cominvest also brings in around 250 investment funds with fund assets of around 60 billion euros. In the first joint organizational chart , Allianz Global Investors KAG and cominvest GmbH are part of the German holding company Allianz Global Investors Deutschland GmbH.

At the beginning of September 2012, Allianz Global Investors Europe GmbH was merged with Allianz Global Investors Kapitalanlagegesellschaft mbH. At the same time, "Allianz Global Investors Kapitalanlagegesellschaft mbH" took on the name "Allianz Global Investors Europe GmbH". The company will operate under this name throughout Europe in the future. In its legal form, the company remains an investment company under German law.

In 2014, Allianz Global Investors' shares in Fondsdepot Bank (49%) were completely taken over by the IT service provider Xchanging.

Web links

Individual evidence

^ Allianz Global Investors: KAG becomes Europe. In: cash-online.de. Retrieved on May 22, 2015 (change in legal form).
^ Allianz Germany: Allianz Global Investors - Germany. Retrieved May 22, 2015 .
↑ Allianz Global Investors further simplifies legal structures. aktiencheck.de AG, accessed on May 22, 2015 .
↑ Allianz Global Investors sells shares in Fondsdepot Bank. fondsprofessionell.de, accessed on August 2, 2017 .

[1] Allianz Global Investors: KAG becomes Europe. In: cash-online.de. Retrieved on May 22, 2015 (change in legal form).

[2] Allianz Germany: Allianz Global Investors - Germany. Retrieved May 22, 2015 .

[3] Allianz Global Investors further simplifies legal structures. aktiencheck.de AG, accessed on May 22, 2015 .

[4] Allianz Global Investors sells shares in Fondsdepot Bank. fondsprofessionell.de, accessed on August 2, 2017 .