Allianz Gilt Yield - Under Review

FUND RESEARCH UPDATE: Fund rating moved to Under Review

Ashis Dash 25 September, 2015 | 1:19PM
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Following the news that Mike Riddell will be replacing manager Mike Amey at the end of November 2015, we have placed the Morningstar Analyst Rating™ for the Allianz Gilt Yield fund Under Review. It previously held a Bronze rating. The fund is currently sub-advised by PIMCO with Amey having managed it since September 2003. However, with Riddell’s recruitment, Allianz Global Investors plans on bringing the management of the fund in-house. Riddell joins Allianz from M&G Investments having spent 12 years at the firm. He was most recently responsible for managing M&G’s Gilt & Fixed Interest, Index Linked Bond and the Global Government Bond funds. We will meet with Riddell in due course to understand his future plans for the fund.

See the latest Morningstar fund rating news here.

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Ashis Dash  is a Morningstar Fund Analyst

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