RiskFirst signs Allianz Global Investors

Source: RiskFirst

Allianz Global Investors has adopted PFaroe to deliver effective, cutting-edge analytical and reporting capabilities to defined benefit (DB) pension plans in the US market.

The depth and detail of PFaroe’s analytics will allow AllianzGI to further enhance its asset allocation expertise, fueling optimized strategy outcomes for clients.

Adopting PFaroe allows AllianzGI to scale its business operations for its fixed income capabilities in the US market. The tool will be utilized by the US Financial Institutions Group (FIG) led by Andy Wilmot and the firm’s liability-driven investment (LDI) team, overseen by Carl Pappo, CIO US Fixed Income, and Frank Salem, Senior PM on US Fixed Income.

Andy Wilmot, Head of US FIG, comments: “As a long-time player in the DB market, we are constantly looking for ways to further the depth and breadth of our capabilities. The adoption of PFaroe’s analytics will support our next phase of fixed income growth in the US by bringing the US LDI strategy down market into the advisor-led space.”

Matthew Seymour, CEO, RiskFirst, adds: “We are delighted that AllianzGI has chosen PFaroe as the tool for taking their business forward; helping them to win new clients and build upon their existing strength in the market. Having such a major name use our technology is another significant step for us in the US market, as we continue to establish PFaroe as the go-to for US asset owners, consultants and asset managers.”

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