Allianz Technology Trust is managed by the highly experienced Global Technology team* based in San Francisco. The team benefits from its close proximity to Silicon Valley where many of the world’s key technology companies are headquartered.
The Company is a UK listed closed-ended fund which aims to achieve long-term capital growth by investing principally in technology companies globally. The team looks to identify major trends ahead of the crowd and invest in stocks that have the potential to be tomorrow’s Apple, Google or Microsoft.
The Company invests in mid to large technology companies. Our aim is to hold companies we expect to benefit from the continued growth in particular sub-sectors of technology, especially in companies that provide solutions to save money or enable companies to improve their relationships with customers and deliver revenue growth. The Company also seeks to hold companies that will create shareholder value with the introduction of a new product or new technology. Over the past 20 years, this would have included PC manufacturers, software, internet applications or consumer devices.
Investment Week Investment Company of the Year Award 2021
Association of Investment Companies Shareholder Communication Awards 2022
*From 25 July 2022, discretionary portfolio management services formerly provided to Allianz Technology Trust PLC (the ‘Company’) by Allianz Global Investors ('AllianzGI) have been delegated to Voya Investment Management Co. LLC ('Voya IM'). All members of the former AllianzGI Global Technology Team transferred to Voya IM and continue to manage the Company’s portfolio. There has been no change to the investment process. AllianzGI remains the Company’s Alternative Investment Fund Manager ('AIFM'), providing company secretarial, administration and sales and marketing services.
Allianz Technology Trust’s top twenty holdings
Lead Portfolio Manager
Mike Seidenberg received his BS in Business Administration from the University of Colorado and his Master of Business Administration from Columbia Business School. From 1996-2001, he worked in the software industry in a variety of roles and spent time at Oracle Corporation. He began his investing career with Citadel Investment Group in 2001 covering software. Over the next 8 years he broadened his coverage to include a variety of technology sectors. Prior to joining the Global Technology team in Sept 2009, Mike worked at a number of hedge funds.
Managing Director, Head of Global Technology
Erik Swords is a lead portfolio manager and managing director at Voya Investment Management. He leads the Global Technology team. His near years of investment industry experience include 16 years at Newton Investment Management leading one of BNY Mellon’s largest technology strategies, along with several other technology and related portfolios. Prior to that, he worked as a research analyst covering the software sector at Pilgrim Baxter & Associates, Exis Capital Management, and Credit Suisse First Boston Technology Group. Mr. Swords has a B.S. in Finance.
Portfolio Manager/Analyst
Received his dual BS in Electrical Engineering and Economics from M.I.T. in 1993. He received his Master of Management degree from Kellogg Graduate School of Management at Northwestern in 1998. From 1993 to 1996, he was a business analyst with McKinsey & Company in Hong Kong. From 1998 to 2000, he was an associate analyst at ABN Amro, Inc., covering Internet infrastructure software and marketing research sectors. Danny joined the Global Technology team in July 2000. He has global responsibility in hardware, semiconductor, semiconductors capital equipment, and contract manufacturers.
Vice President/Senior Analyst
Rich Gorman joined the Global Technology team in August 2021. Prior to joining, Rich spent nearly 9 years as a Senior Analyst and Analyst at various long / short equity hedge funds including Sophos Capital Management, Angel Island Partners, and Kingsford Capital Management. Rich began his career in investment banking at both Dean Bradley Osborne and Morgan Keegan as an Associate and Analyst, respectively. In 2010, Rich earned his BS in Environment Economics and Policy and BA in Global Management and Technology from the University of California, Berkeley.
