AllianzGI gets new manager for fund portfolio, convertibles sleeve

By Cady Vishniac

Detroit, Jan. 21 – Justin Kass, a portfolio director and managing director of a number of AllianzGI Global Investors U.S. LLC’s closed-end funds, will be the lead portfolio manager of the AllianzGI Dividend, Interest & Premium Strategy Fund and manage the day-to-day operations of the fund’s convertibles sleeve beginning on Feb. 1, according to a press release.

Jeffrey Parker will no longer be listed as the lead portfolio manager of the fund.

Kass Joined AllianzGI in 2000. In his new role, he will oversee the allocation of assets between equities and convertible securities, implement the asset allocation rebalancing strategy and facilitate collaboration among the fund’s portfolio managers across equities, options and convertibles.

AllianzGI Dividend, Interest & Premium Stratefy Fund is a New York City-based closed-ended mutual fund.

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