GLOBAL - Allianz Global Investors, the asset management arm of German insurer Allianz, saw operating profits grow by 35.6% to e777m in the nine months to September.
AGI said the positive growth was driven by a 15% increase in operating revenues - markedly higher than the 4.1% rise in operating expenses. AGI put the rise in operating revenues down to “continuo...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
