Allianz

Allianz posts €2bn profit

Allianz’s asset-management division — which houses Pimco — posted a 13% fall in operating profit, but recorded net inflows of €14.9bn

1 min read

Allianz subsidiary takes $6bn hit after pleading guilty to securities fraud

Justice Department says fraud scheme led to billions of dollars in losses

1 min read

‘In keeping with our desire to shape a more sustainable future with measurable positive outcomes, we want to ensure that our investee companies align their executive remuneration policies with ESG,’ said AllianzGI’s Matt Christensen

AllianzGI plans tough stance against EU firms that fail to link exec pay to ESG

AllianzGI expects European large-cap companies to include ESG-related key performance indicators for executive remuneration decisions

3 min read

‘Companies are beginning to understand that digital is going to be how they build an experience with customers’

Allianz fund manager on tech rout and why being underweight FAANGs ‘hurt us’

Michael Seidenberg, a portfolio manager with the £1.5bn Allianz Global Technology Trust, says investors should look to companies with strong balance sheets

5 min read

Allianz’s Jacqueline Hunt to step down

She will be succeeded by Andreas Wimmer, chief executive of Allianz’s life insurance business in Germany

2 min read

Virginie Maisonneuve

AllianzGI hires Maisonneuve as global equities CIO

Maisonneuve will succeed Steve Berexa who is set to retire at the end of 2021

2 min read

Executive pay has always been a contentious issue, it likely to be “more important for investors this year” according to Amra Balic of BlackRock

Shareholders gear up for showdowns over exec pay: ‘We will be voting against excessive compensation’

This year’s AGM season will be the first where shareholders can evaluate how boards have responded to the Covid crisis

4 min read

Mohamed El Erian, pictured in 2016 speaking to LinkedIn executive editor Dan Roth. The former Pimco chief executive has spoken out about his departure from the firm, claiming personal reasons and work-life balance played a large role in his decision

Allianz’s El-Erian: I am ‘certainly not’ a billionaire — there are more important things than wealth

El-Erian reminded radio listeners that he stepped down from Pimco after realising how much family life he was missing

5 min read

Allianz buys three West End buildings from British Land in £401m deal

The three office buildings offer more than 300,000 sq ft in prestigious Marylebone

2 min read

Mohamed El-Erian, Chief Economic Adviser of Allianz.

El-Erian: Global economy at risk of repeating mistakes of the 2008 financial crisis

Avoiding policy errors of the 2008 economic meltdown should be a top priority

The real test of Europe’s banks will come in the autumn

Lenders face a rough second half as governments unwind measures that cushioned the initial blow of the coronavirus crisis

Which finance firms are reopening their offices and when?

With the City slowly coming out of hibernation after lockdown, the big finance firms announce what they are planning

Insurers brace for further pain as coronavirus claims pile up

Profits are taking a hit, raising the prospect of consolidation within the industry

3 min read

Profit down by a third at Allianz

In the asset-management division, which includes US fund manager Pacific Investment Management Company, operating profit rose 19%

1 min read

Overstretched boards an ‘even bigger problem’ in crisis, shareholders warn

Even before the pandemic, shareholders warned against ‘overboarding’, where directors take on more responsibilities than they can manage

3 min read

Allianz withdraws 2020 profit target

Insurer expects a steep decline in net income during the first quarter

1 min read

 Mohamed El-Erian

El-Erian warns global economy risks ‘stumbling into depression’

Renowned Allianz economist tells FN there will be a swing in corporate focus from efficiency to resilience

3 min read