SWITZERLAND - Allianz Group has hired three hedge fund managers from Citigroup in San Francisco to head up its new hedge fund company, Allianz Hedge Fund Partners.
Falling under Allianz’s global equity unit, Allianz Dresdner Asset Management, the hedge fund company will offer fund of funds to institutional investors and will be based in Geneva. Formerly head of the hedge fund investment centre at Citigroup, Madhav Misra will become CIO and a managing partner of Allianz Hedge Fund Partners.
The new company has also appointed Citigroup’s former head of sales Philippe Collot and Johan Ahlstrom, a former senior sales officer, as managing partners.
The three partners will join Allianz at the end of 2001 and will report to Bill Price, head of global equities at Allianz Dresdner Asset Management.
By Janet Du Chenne
Despite improvements in investment manager attitudes towards responsible investment, research reveals there is a way to go before the majority deliver meaningful action. Victoria Ticha explores why
The Co-operative Bank is set to continue de-risking pension schemes after it mitigated further losses by switching from the retail prices index (RPI) to the consumer prices index (CPI).
A model aimed at reducing climate change-related financial risk exposure from corporate credit assets has been launched by Insight Investment.
Universities Superannuation Scheme (USS) members should be responsible for most of the cost of increased contributions if the scheme's defined benefit (DB) section remains open to accrual, Pensions Buzz respondents say.