Allianz Global Investors, an active investment manager unit of the global insurance group with EUR 562 billion under management, has recommended catastrophe bonds as a burgeoning asset class offering its clients welcome diversification in a volatile environment.
Allianz Global Investors has begun recommending catastrophe bonds as an asset class to its institutional investor clients, with them becoming a type of asset it is now increasingly incorporating into strategies that it offers, we understand.
When it comes to private asset classes, Allianz Global Investors (Allianz GI) has long highlighted the important benefits that diversifying assets can play and cited this as one of the key motivations for promoting private and often less-liquid assets to its client base.
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