AllianzGI has appointed Michael Krautzberger (pictured) as its global CIO for fixed income, succeeding the departing Franck Dixmier.
Dixmier exits the firm after nearly 30 years, having joined in 1996 before being appointed as the firm’s first global head of fixed income in 2015.
Krautzberger will take up the role in August, joining from BlackRock where he worked for 19 years, most recently as head of Emea fundamental fixed income since 2018.
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As global CIO of fixed income, Krautzberger will report to head of global investments Deborah Zurkow.
Zurkow said: “I would like to take this opportunity to thank Franck for all he has done to build AllianzGI’s fixed income credentials during his long service with the firm; he has been a thoughtful, insightful, professional investor and leader. We wish him well in his future endeavours.
“I am delighted to welcome Michael to AllianzGI, to take the baton from Franck for the next phase in the platform’s evolution. I am confident he has the right skillset and insightfulness to thrive at AllianzGI.”
As of 31 March, the firm managed €171bn (£144.3bn) in fixed income assets globally.
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