History 

Founded in 1890, Allianz has more than one hundred years of asset management expertise to its name. In 1998, we saw an opportunity to create a unique business model by integrating all relevant units of Allianz Group under one roof. Today Allianz ranks amongst the top five investment management groups in the world, serving institutional as well as retail clients.

1890
Allianz Versicherungs AG receives a business concession in Berlin as a casualty and life insurer.

1984
Allianz AG acquires a majority stake (55%) in Italy's second largest insurance company "Riunione Adriática di Sicurtá" (RAS), which includes RAS Asset Management.

1997
Allianz expands to France by purchasing a 64% stake in the French insurer AGF, which also includes an investment company, AGF Asset Management.

1998
Allianz Group decides to make asset management a core business: Allianz Asset Management (AAM) is established.

2000
Allianz expands to the US by acquiring a majority stake in the PIMCO Group including PIMCO, PIMCO Advisors and PIMCO Equity Advisors; Cadence Capital Management, Oppenheimer Capital and the NFJ Investment Group also belong to the investment group. By the end of the year, Allianz Asset Management manages EUR 336 billion in third party assets.

2001
Allianz purchases the US-asset manager Nicholas-Applegate and the German Dresdner Bank Group, including asset managers such as the German dit and dbi as well as the global asset manager RCM. With these acquisitions completed, Allianz merged AAM and the asset management activities of Dresdner Bank Group into the newly created Allianz Dresdner Asset Management. The new company manages EUR 620 billion in third party assets by the end of 2001.

2004
Allianz Dresdner Asset Management re-brands to Allianz Global Investors (AllianzGI). The re-branding emphasizes the roots with Allianz and the global nature of the investment management group.

2006
Allianz AG converts to Allianz SE.

2007
On January 1st dit and dbi merged to form Allianz Global Investors Kapitalanlagegesellschaft mbH. The new company unites the German public-fund and special-fund activities (previously Deutscher Investment-Trust and dresdnerbank investment management) in a single capital investment company.

The B2B fund sales team of Dresdner Bank (Schweiz) AG is integrated into the new Zurich branch of Allianz Global Investors Europe GmbH, effective 1st of Januar 2007. This means that all fund sales and existing institutional business will be bundled in Switzerland and placed under the management of Allianz Global Investors Europe GmbH. Dresdner Bank (Schweiz) AG will continue to hold the function as representative of the investment funds licensed for public sale in Switzerland, and as custodian bank for institutional clients.

On October 1st, RAS Asset Management rebranded into Allianz Global Investors Italia SGR S.p.A.

2008
Following its integration into Allianz Global Investors, AGF Asset Management is rebranded into Allianz Global Investors (France) SA on January 1st. 

As part of its long term strategy and commitment to Middle Eastern clients, Allianz Global Investors announced the opening of a new permanent representative office in Bahrain in May 2008. 

On September 1st, Allianz SE announced the sale of Dresdner Bank to Commerzbank. As part of that transaction, Allianz Global Investors acquires cominvest, the asset management division of Commerzbank.