Allianz Global Investors Launches Behavioral
– Professor Shlomo Benartzi Appointed as Chief Behavioral Economist –
June 28, 2010 09:40 AM Eastern Daylight Time
NEW YORK--(EON: Enhanced Online News)--Allianz Global Investors, the asset management arm of Allianz SE,
today announced the creation of the Allianz Global Investors Center for Behavioral Finance [“the Center”]. Building
on the recent release of the report entitled “Behavioral Finance and the Post-Retirement Crisis,” the Center is an
extension of Allianz Global Investors’ continued commitment to provide financial advisors, investors and plan
sponsors with helpful information and resources that enable them to make better financial decisions.
Allianz Global Investors has engaged Professor Shlomo Benartzi of UCLA’s Anderson School of Management, a
prominent expert in behavioral finance, to serve as Chief Behavioral Economist. In this capacity, Professor Benartzi
will help to spearhead the initiative alongside senior executives at Allianz Global Investors.
“The behavioral finance toolbox has proven to be an effective mechanism for understanding how individuals make
financial decisions,” said Professor Benartzi, UCLA Anderson School. “Applying the insights from behavioral finance
is critical to designing better financial solutions for investors and I am delighted that Allianz Global Investors has
made such a strong commitment to this field of study.”
The Center, providing insight into the intersection of behavioral finance and investing, will focus on the following three
l Behavioral Finance Research and Education: The Center will provide financial advisors, investors and
plan sponsors with behavioral finance research and educational tools.
l Investing and Risk Management: The Center will leverage behavioral finance to enhance investment
processes and risk management.
l Retirement and Post-Retirement Products and Solutions: The Center will also help to link behavioral
finance research to the needs of the