In his new role, Schultz will lead AllianzGI’s global economics and strategy team, which prepares macroeconomic research and market insights that help inform investment portfolios and positioning at the firm, as well as producing a broad range of thought-leadership information for clients.

This news service has asked AllianzGI if the role is a newly formed role or a replacement hire, and may update this article in due course.

Schultz will be joining from Citigroup Global Markets, where he has been deputy chief European economist, co-managing Citi’s European economics team covering Germany, Switzerland and the European Central Bank since 2021. Prior to that he spent six years as an economist at Citi which, alongside his European focus, included being chief UK economist from 2016 to 2021. Before Citi, he spent time with Berenberg, at the ECB and with The Boston Consulting Group. Schultz holds a doctorate and a master (Diplom-Volkswirt) in economics from the University of Hamburg and a BSc in financial economics from the University of St Andrews.

“He joins us with a rare ability to be able to marry a deep understanding of both European and global long-term economic forecasting with short-term data interpretation, as well as a deep understanding of how modern methods like AI can help sharpen our thinking,” Krautzberger said. “With an established media presence, our clients can look forward to seeing and hearing Christian share his expertise with them over the coming months.”