Allianz Gilt Yield - Under Review

FUND RESEARCH UPDATE: Fund rating moved to Under Review

Ashis Dash 25 September, 2015 | 1:19PM

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.

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Allianz Gilt Yield C Inc193.36 GBP0.28

About Author

Ashis Dash  is a Morningstar Fund Analyst

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