Allianz Global Investors builds out a client advisory unit in Asia

17/03/2021

Key takeaways

• Six specialists based in Asia including Hong Kong are fully dedicated to providing investment advisory and risk management services to clients in Asia 
• Targets to partner with Asian institutions that are looking for a second opinion or are under-resourced, especially those seeking additional or new asset classes with an objective to improve investment outcome
• The firm sees business opportunities in digital wealth management, e.g. co-developed engines for building portfolios based on individual requirements and circumstances of the clients
  

Hong Kong: Allianz Global Investors (“AllianzGI”) announced that its global specialised function – branded as “risklab” – has expanded to cover Asia, with six investment advisory and risk management specialists spreading around Asia including Hong Kong, fully dedicated to advising clients in this region. 

With more than 60 dedicated professionals globally, risklab has been adding resources in Asia since 2020. Through risklab, AllianzGI has in-house capabilities to support Asia Pacific institutional investors in strategic asset allocation, modelling and portfolio optimisation, which are recommendation-only advisory and analytical. In addition, AllianzGI will help Asian clients manage risk or incorporate downside management at the fund or portfolio level through leveraging global expertise.

Philip Tso, Head of Institutional Business for Asia Pacific at Allianz Global Investors, said:
“While larger institutions, sovereign and public funds and well-resourced funds are, in general, being served by large asset consultants, we see the demand in Asia Pacific from institutions that are either looking for a second opinion or under-resourced, especially those seeking additional or new asset classes with an objective to improve the investment outcome. 

“With risklab, we have the expertise and tools to support holistic portfolio advice. Rather than merely a single strategy implementation, we can help their strategic decisions and desired investment outcomes throughout the investment process. We can also leverage the strength of our active portfolio management capabilities to create a customised solution. A multi-asset solution with risk management overlay is one such example.”

With more than 20 years of consulting experience in the industry, Philip is leading the risklab team in Asia and related development activities. One of AllianzGI’s business opportunities with risklab is to tap into the digital wealth management space, with the potential to co-develop engines with service providers for building portfolios based on individual requirements and circumstances of the clients.

“We believe clients value a partner providing consultative advice and practical solutions that are tailored to their unique investment objectives, more than a client engagement with product offerings only.” 

With risklab’s success in delivering digital wealth management solution globally, AllianzGI is set to create customised solutions with its investment advisory, analytical and modelling capabilities to help banks, wealth managers and other financial services organisations in Asia expand their offerings.

For enquiries, please contact:

Angie Tang, Tel. +852 2238 8588, Email: angie.tang@allianzgi.com  
Kimsten Law, Tel. +852 2238 8847, Email: kimsten.law@allianzgi.com