Allianz Global Investors is further expanding its European fixed income expertise with the appointment of Mike Riddell as UK fixed income portfolio manager.
With a track-record of European fixed income experience dating back to the 1950s, Allianz Global Investors is already one of the leading fixed income managers in Europe, with EUR147 billion of European fixed income assets under management. Expanding its Eurozone fixed income capability to include a regional fixed income focus in the UK, fully integrated into AllianzGI’s established global fixed income platform, will help ensure AllianzGI continues to offer the blend of expert, active investment solutions that clients want.
Riddell, who starts his new role on 1 October, joins AllianzGI from M&G Investments, with a strong track-record across a range of fixed income funds¹. At M&G, Mike was an active contributor to the Bond Vigilantes blog, writing regularly on global fixed income topics, and was particularly well-known for his bearish view of China. Based in London, Mike, who has worked in international fixed income markets for nearly fifteen years, will report to Mauro Vittorangeli, CIO for Conviction Fixed Income at Allianz Global Investors.
Franck Dixmier (pictured), Global Head of Fixed Income at Allianz Global Investors, says: “Allianz Global Investors has a fixed income heritage stretching back many decades. Creating a dedicated footprint in the UK, one of the world’s most important and outward-looking financial markets, will perfectly complement our existing Eurozone expertise, giving our clients access to a one-stop shop for European fixed income.
“Mike joins us at an exciting time for our fixed income business, and I am sure that his deep experience of both UK and global fixed income markets will play a central role in building this new pillar in our international fixed income capability. Hiring such a senior, experienced fixed income practitioner as Mike underlines our ambition for our bond business in the UK.”