Fund manager Aleksej Wunrau (photo) has left Allianz Global Investors to join the asset management arm of Bank für Kirche und Caritas (BKC) as head of equities.
Wunrau joined BKC AM on October 1 and assumed responsibility for its main equity fund, which operates on a value basis with sustainable investment criteria.
With this new appointment, BKC said it responds to the growing demand for strategic equity allocations and ethically sustainable investment solutions.
Bernhard Matthes, Head of BKC Asset Management, said: “Together with Aleksej Wunrau we gain an excellent equity specialist who, with his extensive experience in managing global equity strategies, will further strengthen our expertise and capabilities.
Due to the current interest rate situation, many clients are currently increasing their strategic share quotas. The asset class is therefore gaining in importance at BKC.
At AllianzGI, the portfolio manager was most recently responsible for the Allianz Euro Balanced fund, as well as pension funds and life insurance investments. Prior to that he worked as an analyst at BHF Bank and Landesbank Baden-Württemberg.