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November 15, 2017updated 16 Nov 2017 6:40am

Allianz Global Investors strengthens fixed income team in US

Allianz Global Investors (AllianzGI) has expanded its fixed income team in the US by hiring Carl Pappo as CIO and Frank Salem as senior portfolio manager.

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The hiring is part of the firm’s strategy to launch a range of bond funds aimed at the US market. The funds to be launched are: US Core, Core Plus, and Liability Driven Investing (LDI) strategies.

Carl Pappo has more than two decades of experience in income investing. Prior to this appointment, Pappo worked for Columbia Threadneedle Investments as head of core fixed income and lead portfolio manager.

In the new role, Pappo will join the fixed income team based in Boston and New York, and will report to AllianzGI’s global head of fixed income, Franck Dixmier.

Salem has been associated with Columbia Threadneedle Investments since 1998, where he was responsible for building out the LDI capability.

AllianzGI CEO and Global CIO Andreas Utermann said: “We are delighted that Carl Pappo and team have chosen to join AllianzGI as we continue on this next phase of growth by building out our US Fixed Income capability. Carl’s deep expertise in US fixed income will be invaluable as we look to him to lead this effort.”

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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