Marc-Gregor Czaja

Investing for the long-term | Head of Asset Allocation | PhD in Finance, CFA Charterholder

Greater Munich Metropolitan Area

About

I help organizations navigating capital markets and reaching their financial and non-financial targets. Having worked in research, capital market strategy and investment management functions in the banking and the insurance industry for two decades, I developed, implemented and executed strategic asset allocations against the backdrop of complex target functions, involving performance, accounting, risk-based capital and sustainability targets. Being an equity investor by training and mindset, I gained extensive experience in fixed income as well as alternative assets. Over time, I have led and built teams in a national as well as an international environment, with both direct as well as functional responsibilities across multiple locations. A true believer in fact-based management, I enjoy remaining in close contact with academia, teaching in universities across Germany, and leveraging recent research to help advancing the work I do and staying ahead of things. How can I help you?

Experience

  • Leiter Asset Allocation at KENFO - Fonds zur Finanzierung der kerntechnischen Entsorgung
    Oct 2025 - Present · 9 mos

  • Lecturer, Green Finance at Universität Augsburg
    Oct 2020 - Present · 5 yrs 9 mos

    I teach Green Finance at Bachelor level. The lecture focuses on the question when, why and how investors should take information especially about climate change, but more generally about ESG aspects into account. We deal with preferences and impact on asset pricing, but also specialities such as carbon pricing and carbon futures.

  • Allianz Investment Management (15 yrs 3 mos)
    • Head of Asset Allocation Analysis
      Sep 2023 - Sep 2025 · 2 yrs 1 mo

      As part of AIM's Strategic Asset Allocation and Asset Liability Management community, I build and run the function Asset Allocation Analysis. In so doing, I bridge between our asset class experts on the Investment Strategy side to assess the mid-term to long-term risk and return profile of entire asset classes from a relative perspective.

    • Global Head of Equities and Derivatives
      Jan 2015 - Aug 2023 · 8 yrs 8 mos

      I head Equities and Derivatives at AIM. The team develops and implements the equity strategy and designs and oversees hedging strategies of Allianz Group.

    • Co-head, project algorithmic investing for liability-driven portfolios
      Aug 2018 - Dec 2019 · 1 yr 5 mos

      - development of an algorithmic approach to managing liability-driven fixed-income portfolios, incorporating features such as regulatory constraints, matching of insurance liabilities, book-yield preservation - ultimately successful handover to the Group's asset management business for commercial deployment

  • Lecturer, Equity Analysis at Hochschule für Wirtschaft und Umwelt Nürtingen-Geislingen (HfWU)
    May 2009 - Feb 2014 · 4 yrs 10 mos

    I taught equity analysis at master level (Master in International Finance). Focus on company analysis, industry analysis, financial statement analysis, valuation.

  • Senior Analyst Equity Strategy at LBBW Landesbank Baden-Württemberg
    Oct 2007 - Jun 2010 · 2 yrs 9 mos