AllianzGI establishes new Global Technology Equity team

  • Jeremy Gleeson joins AllianzGI to lead new team
  • Strengthens AllianzGI’s in-house expertise in a key sector & client segment
  • New team will collaborate closely with AllianzGI’s existing tech expertise, together providing AllianzGI’s Equity platform with deep Global, European and Asian technology insights

 

30.07.2024 | Allianz Global Investors (AllianzGI), one of the world’s leading active investment managers, today announces the launch of a new Global Technology Equity team. Jeremy Gleeson will join AllianzGI from AXA Investment Managers at the end of August to lead the new capability, strengthening AllianzGI’s in-house expertise in a sector that is expected to remain a key driver for equity markets and a significant part of client portfolios as megatrends like Artificial Intelligence and ‘digital Darwinism’ continue to disrupt the business landscape.

The new global team will provide a key input into strategies exposed to the Technology sector. The creation of a dedicated Global Technology Equity team will complement AllianzGI’s significant existing on-the-ground technology expertise, comprising ecosystems in both Europe and Asia, providing a holistic view of the global investment opportunities for clients that technology presents.

Jeremy joins AllianzGI with close to 30 years of industry experience, having most recently been Lead PM of AXA IM’s Global Technology Fund. He was also Lead PM on the AXA Digital Economy fund since its inception in 2017 and Co-Manager on AXA’s Robotech strategy from 2015 to 2023. Based in London, in 2017 he was named winner of the Tech Fund Manager of the Year Award at the UK Tech Awards and is a previous winner of the Investment Week Tech & Telecoms Fund Manager of the Year Award. As CIO Global Technology Equity, he will report to Virginie Maisonneuve, Global CIO Equity.

Virginie Maisonneuve, comments: “Our ambition is to establish AllianzGI as a global powerhouse in Technology investing. Appointing someone of Jeremy’s calibre and establishing Global Technology as a new pillar on our Equity platform helps accelerate us towards that goal, significantly strengthening our expertise in sector that we expect to remain a key driver of global markets and a source of performance for our portfolios.

“Technology is enabling megatrends like Artificial Intelligence and Electrification that are increasingly transforming all industries, creating a ‘shifting world order’ in which technology is at the forefront of geopolitics. With two technology hemispheres taking shape, we believe our new Global Technology Equity team, working in close collaboration with our broader Tech ecosystem which encompasses specialists covering Taiwan, China, Korea, US and Europe, will give us a first-hand, deep and differentiated view of these trends.

Alongside Jeremy Gleeson, Sunil George, currently a Senior US Technology Analyst at AllianzGI, will join the team, with an additional new hire expected to be added in the autumn. Sunil joined AllianzGI in May 2023 with over 20 years of experience, having previously held positions at Nordea, Fidelity and Morgan Stanley, all with a focus on the technology space.

In order to also make the new team’s specific expertise available to AllianzGI’s clients, Jeremy and Sunil will take over the portfolio management of the Allianz Global Hi-Tech Growth strategy (incl. its feeder Allianz Informations technologie) from October 2024, subject to regulatory approval.

Short CVs

Jeremy Gleeson spent over 17 years at AXA Investment Managers (AXA IM) and most recently was Lead PM of the AXA Global Technology Fund. He was also Lead PM on the AXA Digital Economy fund since its inception in 2017 and Co-Manager on AXA’s Robotech strategy from inception in 2015 to 2023. In 2017 he was named winner of the Tech Fund Manager of the Year Award at the UK Tech Awards. Previously he was named winner of the Investment Week Tech & Telecoms Fund Manager of the Year Award for 2011 and 2012. Previously, he was a senior portfolio manager at Close Investments (formerly Reabourne Technology), a subsidiary of Close Brothers Group PLC, from 2003 to 2007, having been a portfolio manager for the previous three years and an assistant portfolio manager from 1997 to 2000 with Reabourne Technology. During his time at Close Investments / Reabourne, Jeremy was the lead fund manager on several technology funds and won the FTSE techMARK Technology Fund Manager of the Year award in 2003 and 2005. Jeremy holds a BSc (Hons) in Mathematics (1st class) and an MSc. in Systems Engineering from Cardiff University (1992 - 1996). He is also a CFA charter holder.

Sunil George joined Allianz Global Investors as Senior Analyst covering the US Technology sector in May 2023. Sunil has over 20 years of experience across the US, UK and Europe. Prior to AllianzGI, Sunil worked at Nordea Asset Management where he helped create and was a Portfolio Manager on the sustainable thematic product - Nordea Global Disruption. He was also the Senior Investment Analyst responsible for Global TMT (with a US focus). Prior to Nordea, Sunil was at Fidelity and Morgan Stanley, in roles focused on European Technology Equity research. Sunil started his career as an engineer and has 23 years of experience in the Technology, Media and Communication sectors with 14+ years in finance. He holds an MBA from Wharton, an MS in Electrical Engineering from Johns Hopkins University and a BS in Electrical Engineering from Georgia Institute of Technology.

 


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Allianz Global Investors is a leading active asset manager with over 600 investment professionals in over 20 offices worldwide and managing EUR 553 billion in assets. We invest for the long term and seek to generate value for clients every step of the way. We do this by being active – in how we partner with clients and anticipate their changing needs, and build solutions based on capabilities across public and private markets. Our focus on protecting and enhancing our clients’ assets leads naturally to a commitment to sustainability to drive positive change. Our goal is to elevate the investment experience for clients, whatever their location or objectives.

Data as at 31 March 2024. Total assets under management are assets or securities portfolios, valued at current market value, for which Allianz Global Investors companies are responsible vis-á-vis clients for providing discretionary investment management decisions and portfolio management, either directly or via a sub-advisor (these include Allianz Global Investors assets which are now sub-advised by Voya IM since 25 July 2022). This excludes assets for which Allianz Global Investors companies are primarily responsible for administrative services only. Assets under management are managed on behalf of third parties as well as on behalf of the Allianz Group.

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