Allianz Indonesia shifts portfolio control to AllianzGI Indonesia

Management authority moves across insurance and syariah units covering PAYDI funds.

Allianz Indonesia has partnered with PT Allianz Global Investors Asset Management Indonesia for the management of several investment portfolios of Allianz Indonesia.

This collaboration aims to provide integrated financial solutions and enhance services for customers, the companies said in a press release.

Allianz Indonesia  and PT Asuransi Allianz Life Syariah Indonesia, has appointed AllianzGI Indonesia as the Investment Manager to manage certain investment portfolios, including investment portfolios in several Investment-Linked Insurance Products (PAYDI) funds which are distributed through agency and bancassurance channels.

Allianz Indonesia will leverage AllianzGI Indonesia’s global investment platform, research capabilities, and risk management framework.