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RATING REMOVED

Allianz Strategic Bond, Allianz Index-Linked Gilt, and Allianz Gilt Yield Rating Removal

Posted @ 02/05/2024 17:09 Posted in Ratings Roundup

Following the news that Mike Riddell, lead manager of the A rated Allianz Strategic Bond, Allianz Index-Linked Gilt and Allianz Gilt Yield funds will be departing the business in June, we have removed the A ratings on all three strategies.

Julian Le Beron, CIO of Core Fixed Income at Allianz, will assume immediate control of the funds, bringing a different investment approach. Our rating of the funds was centred around our conviction in Mr Riddell and the process which he built over several years at Allianz.

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