AllianzGI Reshuffles Fixed Income Team

The investment management arm of Allianz has reshuffled its fixed income team with the appointment of a regional chief investment officer.

Allianz Global Investors (AllianzGI) has appointed Mark Tay as chief investment officer (CIO) fixed income, Asia Pacific, according to a statement, effective October 1. He succeeds Jenny Zeng who will transition to the role as CIO fixed income. Based in Singapore, Tay will report to Zeng.

Tay has more than 28 years of investment experience, joining AllianzGI in 2012 and since leading its Singapore-based fixed income operations. Previously, he held senior roles at HSBC Private Bank and AXA Investment Managers after beginning his career in equity portfolio management and corporate banking at DBS.

«I am delighted to welcome Mark into his new leadership role. With his deep expertise in fixed income, strong leadership, and established network within AllianzGI, I am confident that Mark will continue to steer our Asia Pacific Fixed Income team with excellence. I trust he will foster collaboration and deliver robust investment performance outcomes for our clients,» said Michael Krautzberger, CIO public markets at AllianzGI.