Lee will report directly to Fraser Blain, head of UK retail sales. Lee joins from Cazenove Capital Management where he was head of the UK discretionary sales team. He has over 17 years’ experience across both retail and corporate sales.

In September, the firm rolled out a series of retail and institutional share classes for its Global Small Cap Equity fund; the fund was originally unveiled in June. Allianz Global Investors has 23 offices in 18 countries.