GLOBAL - Allianz Group's asset management division registered net inflows of €9.7bn in the third quarter 2006.
The preliminary Q3 results showed the group's total revenues of €22.6bn were down slightly compared to last year. However, the operating profit from its asset management business "remained at the high level of the equivalent 2005 quarter," Allianz said.
Helmut Perlet, member of the board of management of Allianz commented: “The very successful business performance again leads us to anticipate slight improvements on the forecast made at the half-year stage for the fiscal year 2006."
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