Allianz Technology Trust

What Allianz Technology Trust does

Allianz Technology Trust PLC (ticker: ATT) is a UK-listed closed-end investment trust incorporated in England and Wales in 1995 and relaunched by Allianz Global Investors in 2007. The trust invests primarily in mid-to-large capitalisation technology companies globally with the stated objective of long-term capital growth. It is authorised and regulated by the FCA (company number 11516839) and trades on the London Stock Exchange with ISIN GB00BNG2M159. The product is available only to persons normally resident for tax purposes in the United Kingdom.

The trust is actively managed using a fundamental thematic investment process by the Global Technology team, which has been based in San Francisco since the 2007 relaunch and currently operates within Voya Investment Management following a July 2022 strategic partnership between Allianz Global Investors and Voya. AllianzGI remains the Alternative Investment Fund Manager, providing company secretarial, administration, and sales and marketing services. Lead portfolio management is provided by Michael A. Seidenberg and Erik Swords, supported by additional senior analysts including Danny Su, Justin Sumner, and John J. Coyle, Jr. The trust is governed by an independent board chaired by Tim Scholefield.

The revenue model is asset-based fees on a tiered schedule (0.8% on market cap up to £400m, 0.6% on £400m–£1bn, 0.5% above £1bn), plus a £55,000 annual admin fee and a capped performance fee (10% of outperformance, capped at 1.25% of average daily NAV). Ongoing charges stood at 0.62% as at 31 December 2025. Distribution is conducted exclusively through indirect channels, primarily UK investment platforms (AJ Bell, Hargreaves Lansdown, Interactive Investor, HSBC, Trading 212, Interactive Brokers, and others), stockbrokers, and financial advisers. As of November 2025 the trust held approximately £2.09 billion in gross assets, allocated 93.85% to North America, 5.25% to Taiwan, and 0.45% to the Middle East. Share buybacks (26.1 million shares in 2025) are used to manage the share price discount to NAV.

Name

Allianz Technology Trust

Legal name

Allianz Technology Trust PLC

Website

https://allianztechnologytrust.com

Company type

Public

Founded year

1995

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Allianz Technology Trust PLC (LSE: ATT) is a UK-listed closed-end investment trust that provides actively managed, long-term exposure to global mid- and large-capitalisation technology equities for UK-resident retail and professional investors via ISAs, SIPPs, and general investment accounts.

Ownership category

akta.pro rank

Product category

Technology Sector Investment Trust

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Private Client/High-Net-Worth Advisory (FSAEAAAN)

Keywords

• Technology investment trust
• Closed-end fund
• Global technology equities
• Active equity management
• UK investment trust

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Investment Management Fees: The trust generates revenue through annual management fees calculated as 0.8% p.a. on market capitalisation up to £400 million, 0.6% p.a. on capital between £400 million and £1 billion, and 0.5% p.a. on capital over £1 billion, plus an admin fee of £55,000 p.a. Performance fees of 10% of outperformance against benchmark (capped at 1.25% of average daily NAV) may also apply.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Allianz Technology Trust PLC (ATT) is a UK-listed closed-end investment trust that seeks long-term capital growth by investing principally in mid-to-large technology companies globally. The trust is actively managed by a San Francisco-based Global Technology investment team using fundamental thematic analysis, with portfolio oversight, administration, and sales and marketing services provided by Allianz Global Investors (which partners with Voya Investment Management for the underlying team).

Product overview

Allianz Technology Trust is a single, unified investment trust product (not a platform-plus-modules architecture) that provides specialized, active exposure to the global technology sector. The core offering is the Allianz Technology Trust PLC (ATT) closed-end fund, which invests in mid to large technology companies worldwide to achieve long-term capital growth. The trust is supplemented by investor education content including the ATT Stock Stories video series featuring portfolio discussions, the Silicon Valley Bite Size podcast covering technology investment themes, monthly factsheets with portfolio data, and the Annual Financial Report. The trust's investment strategy focuses on identifying emerging trends and companies with potential to become future technology leaders like Apple, Google, or Microsoft.

Differentiator

Problem solved

Functional benefit

Products and services

• Allianz Technology Trust PLC (ATT) UK-listed closed-end investment trust that aims to achieve long-term capital growth by investing principally in mid to large technology companies globally. Managed by the AllianzGI Global Technology team based in San Francisco, the trust has a 20+ year history spanning the evolution from PCs to software, AI, machine learning, cybersecurity, and robotics. Shares are available through UK tax-efficient wrappers (ISA, Junior ISA, SIPP) and general investment accounts via major platforms and advisers.

Quantifiable outcome

• NAV total return of 24.7% for 2025, outperforming benchmark by 4.7 percentage points
• +1 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Voya Investment ManagementcoreStrategic or Co-development Partner · 25 July 2022Allianz Global Investors and Voya Investment Management entered into a long-term strategic partnership effective 25 July 2022. Certain investment teams, including the Global Technology team, transferred to Voya Investment Management. This did not change the composition of the teams, investment philosophy, or investment process. AllianzGI remains the Company's AIFM (Alternative Investment Fund Manager), providing company secretarial, administration, and sales and marketing services.

Scale indicators6 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Polar Capital Technology Trust PLC: UK-listed closed-end investment trust focused on global technology equities, the closest direct peer to Allianz Technology Trust in mandate, structure, and target investor base.
• Herald Investment Trust PLC: UK-listed specialist investment trust focused on smaller technology, communications, and media companies; closely comparable as a UK specialist equity trust with a tech tilt.
• Scottish Mortgage Investment Trust PLC: Baillie Gifford-managed UK-listed growth investment trust with significant global technology exposure; comparable as a UK closed-end fund pursuing long-term technology-led capital growth for retail investors.

Broad incumbents

• Allianz Global Investors: The trust's AIFM and parent operating company; a large global active asset manager with broad capabilities across asset classes, providing governance, administration, and distribution services to ATT.
• Voya Investment Management: Now manages the Global Technology team under a long-term strategic partnership with AllianzGI; a large U.S. asset manager whose broader equity platform shares investment talent and infrastructure with ATT.
• Schroders PLC: Large UK-listed asset manager with multiple specialist equity investment trusts and thematic technology offerings that compete for the same UK retail and advised investor base.
• abrdn plc: Global asset manager with a UK investment trust range (including technology-adjacent mandates) competing on UK platforms for retail ISA/SIPP allocations.
• Polar Capital Holdings PLC: UK-listed asset management group that manages Polar Capital Technology Trust; comparable as a UK active manager with a distinct technology specialism that overlaps with ATT's investor base.

Emerging players

• Chrysalis Investments Limited: UK-listed closed-ended investment company primarily invested in private and listed technology businesses; comparable as a UK-domiciled tech-themed investment vehicle, though tilted toward late-stage private companies.
• Augmentum Fintech PLC: UK-listed investment trust focused on fintech and financial services technology businesses; partial overlap with ATT's tech mandate via a more niche fintech lens and earlier-stage exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/allianz-technology-trust-plc

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Allianz Technology Trust