Allianz Global Investors taps UBS Asset Management for new head of equity Europe core and value

New appointment spent the last 20 years at UBS Asset Management; becomes the latest in a string of senior additions at AllianzGI to bolster its equity team.

Allianz Global Investors (AllianzGI) has appointed Kayvan Vahid as head of equity Europe core and value.

Vahid joins AllianzGI from UBS Asset Management where he served in a variety of roles over the last 20 years.

Most recently, Vahid served as deputy head of global value equity and head of European mid cap equities, where he held responsibility for managing a range of institutional and retail funds across global, European and UK equity mandates.

Prior to that, he served as a portfolio manager for European small and mid-caps as well as a European equities research analyst.

Based in London, Vahid will report to Jörg De Vries-Hippen, head of investments equity Europe. As part of the role, Vahid will help strengthen and expand the firm’s capabilities in the fundamentally-managed European core and value space.

“The addition of Kayvan to the team will further strengthen our capabilities in European core and value investing, an area we know is of key importance to our clients,” said De Vries-Hippen.

Vahid’s appointment follows a string of recent hires within AllianzGI’s equities team including Giles Money as chief information officer, global sustainability/SRI equity team, as well as the promotion of Rajnish Kumar to the newly created role of head of investment technology and AI, investment platform.