Riddell to head Allianz GI's macro unconstrained group in fixed income shake-up

Franck Dixmier to become fixed income CIO

Allianz Global Investors' Mike Riddell has been appointed as head of the firm's newly formed macro unconstrained group, as part of a shake-up of its global fixed income platform.

Allianz GI said it would integrate its fixed income structure, headed by Franck Dixmier as CIO for fixed income. Former CIO for global fixed income strategies at Allianz GI Malie Conway will become the firm's new US distribution head and relocate to New York. The division, which runs €193bn of assets, will be grouped into five pillars of expertise: Core Fixed Income; Credit; Asian & Emerging Markets; Insurance & LDI; Advanced Fixed Income. Allianz GI's Riddell: Bond managers now 'bank managers' Riddell will lead a macro unconstrained group, which will continue to run the £1.7bn All...