After 14 years with Allianz Global Investors
], San Francisco-based Bryan Agbabian
recently left the firm, MFWire
At AllianzGI, Agbabian managed the company's Agricultural Trends strategy, which had $150 million in assets. Allianz GI's Agricultural Trends Fund
will transition to a new SDG-aligned Food Security Strategy
managed by AllianzGI's European Thematic team, an AllianzGI spokessperson confirmed.
Until the transition fully takes place, which is expected to occur before 2020, Alina Donets
will be the lead PM. And Jeff Parker
will be the interim PM for the Global Agricultural
trends fund. Parker will be supported by Kimberlee Millar
and Shibin Xie
during this transitional period.
| Jeffrey Parker|
Allianz Global Investors
Senior Portfolio Manager, Managing Director, Chief investment Officer - U.S. Equity
Parker is a senior portfolio manager, managing director, and CIO Equity US with Allianz Global Investors. Millar is a director, analyst and portfolio manager at Allianz Global. Shibin Xie is also a portfolio manager. He and Millar work together in the Global Equity team and report to Steve Berxa
, Global CIO, equity, and global head of research.
"The Food Security strategy will offer clients access to an attractive fundamental investment case while also offering an additional free option of positive social and environmental impact. Transitioning to Food sustainability responds to our commitment to continually rethinking our value proposition to make sure we meet clients’ demands." Robin Pertusi
, an AllianzGI spokeswoman, told MFWire
AllianzGI's previous strategy, the Agricultural Trends Fund, "has become out of date," and it was decided that it should be substituted for "one that is aligned with UNSDGs associated with world hunger and food safety issues, and with higher return potential," Pertusi said.
Agbabian departed as a result of the transition, Pertusi said, adding, "We are grateful for his contribution to AllianzGI's success over the years."
Prior to joining Allianz, Agbabian was the vice president at McMorgan and Company, a research analyst at Montgomery Asset Management, and the vice president of Brookhaven Capital Management.
Agbabian graduated from UCLA with a bachelor of arts in economics and from USC Marshall School of Business with an MBA.
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