Allianz Global Investors Says It Is Cutting Some Roles March 26, 2025 By Stephan Kahl and Leonard Kehnscherper Allianz Global Investors, the smaller of the two asset managers owned by German insurance giant Allianz SE, is cutting some...
Ex-PIMCO Executive to Run World’s First Catastrophe-Bond ETF February 19, 2025 By Gautam Naik Catastrophe bonds, whose returns have consistently trounced those of high-yield debt markets in recent years, are about to become accessible...
Allianz Weighs Options for AllianzGI Unit: Sources October 25, 2024 By Amy-Jo Crowley, Alexander Hübner, Andres Gonzalez and Anousha Sakoui Allianz is weighing options for its Allianz Global Investors unit, including a possible merger or partial sale of the division,...
Allianz’ PIMCO Weighs Joining Investors Suing Over Credit Suisse AT1 Bonds May 26, 2023 By Laura Benitez Pacific Investment Management Co. is considering joining hundreds of investors in challenging the Swiss regulator’s decision to wipe out about...
Credit Suisse to Sell Most of Securitized Product Unit to Apollo, PIMCO October 28, 2022 By Steven Arons Credit Suisse Group AG has signed an exclusivity agreement with a group of investors led by Apollo Global Management Inc....
Ex-Credit Suisse CEO Raises $300M for Financial Services-Focused SPAC March 1, 2021 By Jan-Henrik Förster Former Credit Suisse Group AG Chief Executive Officer Tidjane Thiam raised $300 million for his blank-check company after boosting the...
Former Bank of England Chief Carney Joins Advisory Board of Allianz’ PIMCO September 18, 2020 Former Bank of England Governor Mark Carney will join the advisory board of PIMCO, one of the world’s biggest bond...
Once Known as the ‘Bond King,’ Gross Retires After 40-Year Career February 5, 2019 By John Gittelsohn Bill Gross, who transformed bond investing over a storied four-decade career, is leaving the stage after a tough final chapter....
PIMCO and Allianz Partner to Launch Insurance Linked Securities Business January 28, 2019 PIMCO, the Newport Beach, Calif.-based fixed income investment manager, has hired Rick Pagnani from Mt. Logan Re as executive vice...
Allianz Beats Q2 Profit Estimates with Help of PIMCO Bond Fund Unit August 3, 2018 By Julie Edde Allianz SE said strong growth across its businesses lifted second-quarter profit as Europe’s largest insurer keeps the market waiting on...