RCM Tech Trust rebrands to Allianz name

The £144m RCM Technology Trust has been rebranded as the Allianz Technology Trust.

The name is being changed bring the trust under the Allianz Global Investors brand.

As a result the investment trust will have a new ticker; ATT. However the investment objective of the trust is not being changed and it will still be managed by Walter Price out of the US.

Chairman of the trust Robert Jeens says: “Changing the name of the company to Allianz Technology Trust PLC reinforces our association with Allianz Global Investors’ branding and extensive presence in the retail market. 

“As more private investors look to investment trusts to meet their investment needs, branding is becoming ever more important.”