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AI brief of an SEC Form 8-K · Virtus Artificial Intelligence & Technology Opportunities Fund (AIO)

AllianzGI AI & Technology Fund to get Virtus as investment manager, pending approval

Neutral Impact 4 of 5 product/contract Written later

Virtus Investment Advisers, a subsidiary of Virtus Investment Partners, would become the investment manager to the AllianzGI Artificial Intelligence & Technology Opportunities Fund under a strategic partnership with Allianz Global Investors. The change requires approval from the Fund's Board of Trustees and Fund shareholders, and is expected to take effect by the end of calendar year 2020, so shareholders will be asked to vote on the new arrangement.

Key points

  • Virtus Investment Advisers, Inc. would become investment manager to the Fund; AllianzGI teams would continue to manage the strategies as subadvisers.
  • Arrangements are subject to approval by the Fund's Board of Trustees and Fund shareholders; expected in place by the end of calendar year 2020.
  • Virtus would take on about $23 billion of AllianzGI U.S. open-end, closed-end and retail separate account assets, as of May 31, 2020.
  • The companies did not disclose specific terms other than that there are no payments at closing.

The filing

CompanyVirtus Artificial Intelligence & Technology Opportunities Fund (AIO)
Form8-K, current report
Filed with the SECJul 7, 2020, 7:57 AM ET
Accession number0001193125-20-188401

Items reported: 7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 07, 2020.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.