Trade finance

Trade finance is an attractive asset class for many investors. However, it brings with it a higher operational complexity than other asset classes. Accessing trade finance therefore requires the right operational framework, a robust infrastructure and a thorough due diligence process.

At AllianzGI, we have taken a unique approach to trade finance and have designed our strategy to avoid the common issues of trade finance. In comparison to other trade finance strategies, our strategy’s value chain covers every step of the investment and operational process. This has allowed us to avoid the default and fraud cases that have hit the headlines in recent quarters and deliver an attractive, low-volatility track record.

Unlocking Trade Finance: Expert insights

As investors look to diversify credit exposure and explore innovative income strategies, this webinar offers valuable insights from industry experts. Learn how to leverage Trade Finance to strengthen and diversify your investment approach, enhancing portfolio stability by investing in a basket of short duration self-liquidating assets.

Our investment strategy

At AllianzGI, we have developed a trade finance strategy that leverages a diverse panel of sourcing partners and instruments, the Allianz Working Capital strategy (“ALWOCA”). Key characteristics of ALWOCA are:

Ultra short duration strategy targeting cash+ returns with low volatility and correlation with other asset classes

Portfolio management team with extensive experience in credit analysis and private transaction sourcing

Fundamental, research-based process with >30 analysts covering a universe of public and private companies

Utilizes the credit grading of Allianz Trade, a world-leading credit insurer*

In an environment of heightened geopolitical tensions, volatile bond yields and stubborn inflation, trade finance can offer the flexibility and potential returns to help investors navigate the uncertain global outlook.
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Explore Insights

Blog

As financial markets grow more convinced of a looming recession, investors have been retreating from risk assets into cash, even as inflation is peaking above 9%. In their search for better alternatives, a broadening range of institutional investor client types are allocating to or researching Trade Finance as a private credit strategy. In his latest blog, AllianzGI’s Mike McGill explains why.

Read our blog

Blog

The covid crisis has put a major focus on global trade, with lockdowns, supply chain bottle necks and geopolitics upending the status ante. Against this backdrop, one can easily be mistaken that global trade finance activity will also suffer. In fact, various indicators tell a different story.

Blog

Trade Finance has seen growing appeal as an investment strategy as investors seek refuge from large bouts of market volatility and sell-offs in global fixed income markets.

READ MORE ON OUR BLOG

Allianz Global Investors Academy

Learn more about Trade Finance on our interactive platform that is designed to help you learn more about financial trends and topics.

LEARN MORE ABOUT TRADE FINANCE

What other strategies are available?

 
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* Allianz Trade (formerly known as EULER HERMES), a company of Allianz. A performance of the strategy is not guaranteed, and losses remain possible.

Trade finance investments are designed for professional investors only and may be illiquid in nature.

This is a marketing communication. Please refer to the legal and regulatory documentation of Allianz Working Capital Fund a sub-fund of Allianz Trade Finance Funds SA, open-ended SICAV-RAIF (the “Fund”) before making any final investment decisions.

Investments in the Fund entail a high degree of risk and no assurance can be given that the investment objectives will be achieved or that investors will receive a return on their capital. Please refer to Fund legal documentation for a full description of General and Specific Risk Factors.

Allianz Global Investors may terminate arrangements made for marketing, including by way of de-notification. The Summary of Investor Rights is available in English, French, German, Italian and Spanish at https://regulatory.allianzgi.com/en/investors-rights.

Investing involves risks. The value of an investment and the income associated with it can go down as well as up. Investors may not get back the full amount invested. Past performance does not predict future results. If the currency in which the past performance is displayed differs from the currency of the country in which the investor is resident, the investor should be aware that the performance shown may be higher or lower due to exchange rate fluctuations if converted into investor’s local currency.

The views and opinions expressed herein, which are subject to change without notice, are the views and opinions of the issuer and / or affiliates at the time of publication. The data used come from various sources and are believed to be correct and reliable at the time of publication. The terms and conditions of all underlying offers or contracts that have been or will be made or concluded take precedence. This document does not contain any statements about the suitability of the investments described here for the individual circumstances of a recipient.

For investors in the European Economic Area (EEA) & United Kingdom

For a free copy of the Fund legal and regulatory documentation, and/ or further information, contact Allianz Global Investors GmbH, either electronically or by mail at the given address. Please read these documents, which are solely binding, carefully before investing. This is a marketing communication issued by Allianz Global Investors GmbH, www.allianzgi.com, an investment company with limited liability, incorporated in Germany, with its registered office at Bockenheimer Landstrasse 42-44, 60323 Frankfurt/M, registered with the local court Frankfurt/M under HRB 9340, authorised by Bundesanstalt für Finanzdienstleistungsaufsicht (www.bafin.de). Allianz Global Investors GmbH has established branches in the United Kingdom, France, Italy, Spain, Luxembourg, Sweden, Belgium and the Netherlands. Contact details and information on the local regulation are available here (www.allianzgi.com/Info).

For investors in Switzerland

For a free copy of the offering memorandum, subscription documents and the latest annual report of the fund contact [the Swiss representative and paying agent BNP Paribas Securities Services, Paris, Zurich branch, Selnaustrasse 16, CH-8002 Zürich - only for Swiss HNWI although opted-out as professional investors] or the issuer either electronically or by mail at the given address. Please read these documents carefully before investing. This is a marketing communication issued by Allianz Global Investors (Schweiz) AG, a 100% subsidiary of Allianz Global Investors GmbH.

February 2022 - AdMaster 2028597

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