Allianz Global Investors (AllianzGI) boasts a global alliance of investment firms. The company is the umbrella organization for the worldwide asset management operations of financial services giant Allianz SE. One of the largest investment management firms in the world, the division includes US-based bond manager PIMCO, Nicholas-Applegate Capital Management, and NFJ Investment Group. AllianzGI boasts a broad array of asset management products for more than 60 million retail and institutional clients; its offerings include mutual funds, closed-end funds, hedge funds, and wealth management services. The company has more than $1 trillion of assets under management.