
22 JUN, 2026
By Joanna Piwko from RankiaPro Europe

Allianz Global Investors has announced the launch this summer, subject to regulatory approval, of its first five actively managed exchange-traded funds in Europe. With this move, the manager, which manages 598,000 million euros, takes a significant step in its strategy to expand access to its active management capabilities through innovative solutions oriented to customer needs.
The new family, named Allianz Smart Active ETF, will initially consist of five equity and fixed income strategies. According to the firm, this first launch marks the beginning of a development and expansion program for active ETFs that will unfold over the coming years.
Allianz GI has opted for a pan-European and focused distribution approach. To this end, the entity will rely on a single European platform that aims to facilitate efficient cross-border distribution and progressively extend the reach of this range to the entire European market.
The Smart Active ETFs combine broad market exposure with a systematic and disciplined selection of securities, with the aim of generating additional returns. In equities, Allianz GI will launch three strategies: Smart Global Equity, Smart Europe Equity and Smart US Equity, focusing respectively on global, European and American stocks.
These strategies are based on the systematic equity investment platform developed by Allianz GI over the years and are designed to offer a low tracking error against their benchmark indices, daily liquidity, transparent investment rules and consistent sources of alpha generation.
In fixed income, the manager will incorporate two active ETFs aimed at investors seeking to achieve stable additional returns through investments in public and corporate debt. Both strategies are based on Allianz GI's Advanced Fixed Income methodology and aim to improve the performance and quality of portfolios against traditional passive bond ETFs, while maintaining high levels of predictability, transparency and risk control.
Building on our strong track record and experience in Asia, the launch of our first active ETFs in Europe represents a significant step in our strategy to expand access to Allianz GI's active management capabilities. In a market environment marked by high volatility and increasing macroeconomic uncertainty, investors are increasingly demanding solutions capable of adapting to a changing context. Active ETFs allow us to put our investment experience within reach of a broader client base, through a vehicle that combines the advantages of active management with the transparency, liquidity, and operational flexibility offered by listed markets.
Tobias Pross, CEO of Allianz Global Investors