Allianz Dresdner merges French firms

clock •

FRANCE - Allianz Dresdner has merged its French asset management operations into one entity in order to strengthen its market position.

The new entity, AGF Asset Management, has now started trading and has nearly EUR54bn under management, making it one of France's largest fund managers. Allianz claims the two former organisation...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on France

France

Alcatel-Lucent funding status drops into the red

FRANCE - Alcatel-Lucent reported a pension and other post employment benefit (OPEB) deficit of €1.2bn ($1.7bn) in the third quarter down from an overfunding of €49m at the end of June.

Raquel Pichardo-Allison
clock 04 November 2011 •
France

FRR's funding ratio drops

FRANCE - The Fonds de reserve pour les retraites' funding ratio fell to 132%, dropping 11 percentage points from June's value due to decreasing interest rates on 10-year bonds.

Jaishree Kalia
clock 21 October 2011 •
France

Global SWFs discuss contributions to global growth

FRANCE - Global sovereign wealth funds with over $9trn in assets are meeting to discuss ways to boost global economic growth, including the potential use of new financial instruments like "loyalty shares" or "capital access bonds".

Jaishree Kalia
clock 18 October 2011 •
Trustpilot