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Allianz Reports Record Operating Profit Amid Portfolio Reshuffle
Allianz announced a record-high operating profit driven by growth in asset management, particularly with Pimco seeing €32 billion in inflows, despite a lower net profit due to portfolio reshuffling.
7 Aug, 05:11 — 7 Aug, 05:40
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bloombergHigh2d ago
Allianz Profit Hits Record as Pimco Sees €32 Billion in Inflows
Allianz SE, the owner of bond manager Pacific Investment Management Co., generated record second-quarter profit on better results in its insurance and asset management businesses.
By Stephan Kahl
Read full article →wsjHigh2d ago
Allianz Operating Profit Hits Record High on Asset Management Growth - wsj.com
Allianz Operating Profit Hits Record High on Asset Management Growth wsj.com
Read full article →Coverage Timeline
First report: bloomberg · 7 Aug, 05:11|Full coverage: 3 · 5h|Window: 5h
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