Allianz’s asset-management division — which houses Pimco — posted a 13% fall in operating profit, but recorded net inflows of €14.9bn
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Justice Department says fraud scheme led to billions of dollars in losses
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AllianzGI expects European large-cap companies to include ESG-related key performance indicators for executive remuneration decisions
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Michael Seidenberg, a portfolio manager with the £1.5bn Allianz Global Technology Trust, says investors should look to companies with strong balance sheets
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She will be succeeded by Andreas Wimmer, chief executive of Allianz’s life insurance business in Germany
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Maisonneuve will succeed Steve Berexa who is set to retire at the end of 2021
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This year’s AGM season will be the first where shareholders can evaluate how boards have responded to the Covid crisis
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El-Erian reminded radio listeners that he stepped down from Pimco after realising how much family life he was missing
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The three office buildings offer more than 300,000 sq ft in prestigious Marylebone
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Avoiding policy errors of the 2008 economic meltdown should be a top priority
Lenders face a rough second half as governments unwind measures that cushioned the initial blow of the coronavirus crisis
With the City slowly coming out of hibernation after lockdown, the big finance firms announce what they are planning
Profits are taking a hit, raising the prospect of consolidation within the industry
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In the asset-management division, which includes US fund manager Pacific Investment Management Company, operating profit rose 19%
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Even before the pandemic, shareholders warned against ‘overboarding’, where directors take on more responsibilities than they can manage
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Insurer expects a steep decline in net income during the first quarter
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Renowned Allianz economist tells FN there will be a swing in corporate focus from efficiency to resilience
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