AllianzGI appoints former Citi executive as chief economist

Allianz Global Investors (AllianzGI) has appointed Christian Schulz as its new chief economist.

In his new role, Schulz will lead AllianzGI’s global economics and strategy team, which the firm said “prepares macroeconomic research and market insights that help inform investment portfolios”.

Schulz joins from Citi, where he spent nearly a decade holding several senior leadership positions, most recently deputy chief European economist.

He will report directly to Michael Krautzberger, chief information officer for public markets, in his new position.

’Rare ability’

On Schulz’s appointment, Krautzberger said: “Schulz’s arrival is the latest proof point that AllianzGI is a home for some of the industry’s top talent.

”He joins us with a rare ability to be able to marry a deep understanding of both European and global long-term economic forecasting with short-term data interpretation, as well as a deep understanding of how modern methods like artificial intelligence (AI) can help sharpen our thinking.

“He will be working closely with our portfolio management teams as a core positioning input, especially in asset classes more driven by macro events, with his international background making him an ideal fit for our global, collaborative culture.”

The new appointee added: “I am excited to join AllianzGI and contribute to a team known for its innovative and client-focused approach.

”I look forward to leveraging my experience to help identify investment opportunities and manage risks.”