Welcome to Allianz Global Investors Capital

Allianz Global Investors Capital provides investment solutions across a variety of equity, fixed income and alternative asset classes. With best-in-class support functions to complement investment innovation and discipline, we seek to deliver insight, clarity and reliability.

Who We Are

Allianz Global Investors Capital is an integrated investment management organization that provides solutions across equity, fixed income and alternative asset classes. Our investment managers are based in San Diego, New York and Dallas. The hallmark of our business structure is entrepreneurial, autonomous investment teams supported by common infrastructure. On behalf of our clients, we strive for investment innovation, efficient execution and quality service.

The Burden of Debt

The global financial crisis left state finances worldwide in ruins. In the U.S., federal budget deficits averaging more than $1 trillion annually are forecast through 2020. This will force difficult decisions. On May 3, 2010, Horacio Valeiras, CFA, Chief Investment Officer, outlined his thoughts on the "Burden of Debt" at the National Conference on Public Employee Retirement Systems. The below presentation stress tests America's fiscal health, reviews likely policy outcomes and charts steps that pension administrators can take today to protect their plans.

> The Burden of Debt

For additional information on this topic, please contact your Allianz Global Investors Capital service rep or call 619-687-2831.

Investment Strategies

Allianz Global Investors Capital comprises entrepreneurial investment platforms focused on pursuing outperformance through thoughtful and disciplined investment processes. Our well-resourced teams bring deep knowledge of the securities and markets in which they invest, and manage portfolios designed to deliver risk-controlled, consistent performance results.

> Alternatives

> Fixed Income

> Non-US/Global Equity

> US Equity

Market Intelligence

Market Outlook

Annual Report from Horacio Valeiras, CFA, Chief Investment Officer

> Outlook 2010

Market Environment Charts

Quarterly Outlook and Commentary from Horacio Valeiras, CFA, Chief Investment Officer

> MEC 3Q10

> More Articles and Research

New Behavioral Finance Center

Allianz Global Investors has launched a behavioral finance center, committed to providing financial advisors, investors and plan sponsors with information and resources to help them make better financial decisions. UCLA Professor Shlomo Benartzi, a noted expert in behavioral finance, will spearhead the Center's initiatives, in coordination with Allianz Global Investors executives. Please see the attached media release for more details.