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Allianz to launch third-party distribution

Allianz, the German financial services giant, plans to start selling the investment funds of other managers through its independent advisers by the third quarter of next year.

The plan is part of Allianz's aim to provide a multi-channel approach in all its business areas. &quotAllianz wants to be able to reach all its potential clients and this can only be achieved through third-party distribution,&quot said a spokesman.

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