Allianz Global Investors (AllianzGI) has hired Giles Money, formerly at Sarasin and Partners, to lead a new team dedicated to sustainable and responsible investments within its equities offering. Money, who will join AllianzGI as CIO of the new team in August, has 18 years of investment experience with a strong focus on sustainable investing. He joins from J Safra Sarasin Asset Management & Sarasin and Partners, where he managed two flagship global equity and global thematic funds. The sustainable and responsible investments equity team is expected to collaborate closely with the thematic equity team led by Andreas Fruschki, which has established a suite of SDG-related investments. “I am excited to be welcoming [Money] to AllianzGI to lead the new team as we place ever greater emphasis on sustainable investment opportunities for our diverse range of clients. I am confident they will be a success in their own right; complementary to other teams with distinct styles; and positive contributors to the sharing of investment ideas across the platform,” said Virginie Maisonneuve Global Chief Investment Officer, Equity.