Allianz Rehires Hedge Fund Manager

Oct 9 2013 | 9:58am ET

Allianz Global Investors has brought a former employee back from a hedge fund to take over an Asian stock strategy.

The firm will hand its £36.2 million Total Return Asian Equity Fund and an offshore fund to Pan Yu Ming, who returned to Allianz this week, Financial News reports. He will succeed Raymond Chan, chief investment officer for Asia-Pacific equities at the firm, who has managed the fund for the past three months. The fund is down 4.3% between April and September of this year.

Chan will now serve as deputy manager under Pan Yu Ming.

Pan Yu Ming formerly managed two other funds for Allianz before moving to CSOP Asset Management in 2010.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...