Allianz Life, HSBC Malaysia launch two funds
JAYA: Allianz Life Insurance Malaysia Bhd and HSBC Bank Malaysia Bhd have expanded their partnership with the introduction of two investment-linked funds, Allianz Life World HealthScience Fund and Allianz Life ESG-Integrated Multi Asset Fund.
These funds aim to provide customers with access to new investment opportunities, while offering a diverse range of asset classes. With these options, customers can tailor their investment portfolios to align with their financial goals and protection needs.
“The new underlying funds seamlessly integrate with our existing investment-linked insurance plans, offering convenience and flexibility for HSBC customers. Whether they are seeking growth, wealth preservation, or a balanced approach, there is an option to suit every individual,” Allianz Life CEO Charles Ong said.
“If the customer is unsure of the best option for his or her financial plan, we are here to help. HSBC’s and Allianz Life’s team of experienced professionals are available to provide personalised guidance and support to help customers make informed decisions,” he added.
HSBC Malaysia has been the exclusive bancassurance distributor for Allianz Life insurance products in protection, education, retirement, wealth and legacy needs since 2012. For HSBC Malaysia, the rollout of the two new funds complements the banking group’s holistic wealth
planning solutions, in line with its wider ambition to become the leading wealth manager in Asia.
These two new investment-linked funds with underlying funds managed by BlackRock aim to deliver performance and strategic asset allocation. BlackRock underscores the significance of the Allianz Life World Healthscience Fund in today’s landscape, emphasising the value of quality healthcare exposure amid sustained profitability.
As for the Allianz Life ESGIntegrated Multi Asset Fund, BlackRock highlights the benefits of flexibly managed multiasset strategies in achieving precise investment outcomes while effectively managing risk and capitalising on a diverse array
of opportunities.
The target fund manager stresses the importance of incorporating liquid alternatives within multiasset portfolios to complement more traditional equity and fixed income allocations in order to achieve further diversification and strong risk-adjusted returns in the current market environment.
“Harnessing aging demographics and sustainable themes like energy transition which are some of the mega forces for years to come, creates attractive investment opportunities for investors. We are excited to collaborate with Allianz Life to provide global investment exposure across targeted themes and sectors that ride on these trends,” said BlackRock head of AsiaPacific Wealth, Andrew Landman.