Allianz restructure broadens PIMCO's reach

clock

GERMANY/US - German insurer Allianz has announced a restructure of its asset management business that gives subsidiary PIMCO, the world's largest bond manager, more freedom around distribution of its products.

Effective 1 January, the firm will create Allianz Asset Management which will be comprised of two distinct units - PIMCO and Allianz Global Investors. PIMCO will then become responsible for the ...

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 Employee Benefits

WSB Awards 2022 — The Winners

WSB Awards 2022 — The Winners

The awards aim to recognise the employers which have the best benefits teams

Professional Pensions
clock 16 September 2022 • 2 min read
WSB Awards 2022: Shortlists revealed!

WSB Awards 2022: Shortlists revealed!

The winners will be unveiled on 8 September at an event at the Marriott Grosvenor Square

Professional Pensions
clock 13 July 2022 • 3 min read
Workplace Savings & Benefits Awards 2022: Call for judges

Workplace Savings & Benefits Awards 2022: Call for judges

Judges will get a ‘behind the scenes’ glimpse at how an industry-wide awards is run

Workplace Savings & Benefits
clock 31 May 2022 • 1 min read
Trustpilot