Allianz Global Investors (Allianz GI) has announced the launch of an OEIC version of its existing €30bn multi-factor Best Styles Global Strategy fund aimed at UK institutional and retail investors.
Best Styles Global follows a factor-based approach to investing, aiming to drive returns by capturing the risk premia associated with investment styles like value, momentum and small caps.
Klaus Teloeken, co-CIO Systematic Equities at Allianz Global Investors, said: “When we started Best Styles back in 1999, multi-factor investing was in its infancy. 16 years on, there is now an increasing recognition that multi-factor investing, when combined with active stock selection, can help deliver the extra return both institutional and retail investors are looking for in a financially repressed world.”
Fraser Blain, head of UK Retail Sales at Allianz Global Investors adds: “Multi-factor funds with a track record are few and far between. With the launch of this Best Styles Global OEIC, UK retail investors can now access a strategy with a 16-year track-record through a number of the UK’s leading fund platforms.”