The global CIO has worked at major banks including Deutsche Bank, UBS and Credit Suisse, along with Vontobel AM and Schroders.

Gregor Hirt has been named global chief investment officer for Allianz Global Investors multi-asset business, based in Frankfurt.

Hirt will work with AllianzGI’s Multi Asset experts in Europe, Asia and the US, and will report to Deborah Zurkow, global head of investments.

Hirt has 25 years of experience of working in the wealth and asset management industries. Prior to this, he was global head of discretionary portfolio management at the international private banking arm of Deutsche Bank. Before that, he was group chief strategist and head of multi-asset solutions for Vontobel Asset Management. He has also worked at UBS, Schroders and Credit Suisse.

AllianzGI manages €152 billion ($185.4 billion) in multi-asset portfolios for retail and institutional clients around the world.