Expansion of the portfolio in the area of funds and investments: Miles & More members in the DACH region now earn award miles with Allianz Global Investors
Allianz Global Investors, one of the leading active asset managers worldwide, becomes a partner for investment funds of Miles & More. Thus, Europe’s leading frequent flyer and awards programme gains another strong partner in the field of finance & insurance. For the first time, not only Miles & More members in Germany, but also in Austria and Switzerland earn award miles when investing in funds.
Attractive offer thanks to strong partnership
Miles & More members in the DACH region will be credited with one mile for every two euros invested in all associated investment funds – without a minimum investment amount, both for one-off investments and for savings plans. They have access to the entire range of mutual funds offered by Allianz Global Investors: from bond, equity or mixed funds to alternative investments - a good third of which are already managed as sustainability-oriented investment strategies. Members can easily take advantage of the cooperation offer through their own bank or financial advisor. The mileage credit is automatically made in the Miles & More app via photo credit. In Germany, an Open Banking interface on miles-and-more.com can also be used. For both the photo credit and the Open Banking interface, the purchase must have been made no more than four weeks ago at the time of verification.
Joint focus on customers and sustainability
In addition to the regular partnership between Miles & More and Allianz Global Investors, joint campaigns on the topic of sustainability are also planned in the long term. For both companies, this is an essential part of the corporate strategy. The cooperation creates new opportunities to initiate further positive developments for the environment and society in this area.
„The new partnership with Allianz Global Investors is an extremely successful expansion of our financial portfolio. We are very pleased to have one of the world's leading fund companies at our side. Allianz Global Investors and Miles & More GmbH are a perfect match. This is particularly evident in the focus on the customer and the shared conviction to act sustainably out of responsibility towards society and the environment,“ says Armin Czapla, Senior Director Sales & Ambient at Miles & More GmbH. „For the first time, members from Germany as well as Austria and Switzerland will benefit from this offer. In this way, we are working together to make investing and earning miles accessible to a broad target group, thereby further increasing the attractiveness of our programme outside the travel chain.”
„Allianz Global Investors is looking forward to working with Miles & More,“ says Barbara Rupf Bee, Head of Europe, Middle East & Africa at Allianz Global Investors. „In future, Miles & More customers will be able to benefit twice from their fund investments: with each additional euro, they not only get a little closer to their financial goals and dreams, but also earn award miles at the same time.“