AXA’s Asset Management Unit to Cut as Many as 90 Roles in Revamp August 23, 2023 AXA Investment Managers is eliminating as many as 90 roles as the French firm aims to streamline part of the...
Allianz Aims to Raise $1.6 Billion for Global Private Credit Fund August 18, 2023 By Pablo Mayo Cerqueiro Allianz Global Investors, the insurance company’s money management division, is pushing ahead with plans to raise at least 1.5 billion...
China’s Hidden Financial Dangers Erupt With Shadow Bank Crisis August 18, 2023 By Bloomberg News Only a week ago, Zhongzhi Enterprise Group Co. attracted little notice within China and was almost unheard of everywhere else....
Remote Work to Wipe Out $800 Billion From Office Values, McKinsey Says July 14, 2023 By Ellie Harmsworth Remote work risks wiping $800 billion from the value of office buildings in major cities, highlighting the potential losses that...
Generali Buys U.S. Asset Manager Conning Under Deal With Cathay Life July 7, 2023 Generali has agreed to buy Connecticut-based asset manager Conning Holdings as part of a partnership with Cathay Life, a unit...
Europe Braces for a Sharp, Abrupt Real Estate Reversal January 23, 2023 By Jack Sidders Turmoil at trophy properties in London and Frankfurt offer a glimpse of the damage awaiting European real estate investors as...
Allianz CEO Baete Sees ‘Huge Opportunity’ From Asset Management in China November 17, 2022 By Bloomberg News Allianz SE sees a “huge opportunity” from asset management in China because the nation needs to diversify overseas investments, its...
Generali Asset Management Unit Eyes Investments With U.S. Credit, Renewables’ Focus June 9, 2022 By Sonia Sirletti Assicurazioni Generali SpA’s asset management unit intends to buy investment firms specialized in U.S. credit markets and renewable energy, as...
Generali, Allianz Are Among Suitors for NN Group’s Asset Manager Arm: Sources June 4, 2021 By Jan-Henrik Förster, Sonia Sirletti and Lucca de Paoli DWS Group and Assicurazioni Generali SpA are among suitors that submitted initial bids this week for the asset management arm...
Insurers Prefer Private Equity Investments over Hedge Funds: Survey April 22, 2021 By Carolyn Cohn LONDON — Insurers want to put more money into private equity this year while scaling back on hedge funds, a...