LATEST

Allianz fund seeks China licence

Great Wall Of China Graffiti

Allianz SE said its German fund management unit has applied for a license in China to establish an onshore presence, following the example of its larger U.S.-based Pacific Investment Management Co.

Allianz: 'The Bill Gross discussion has subsided'

Bill Gross Interview Pic

Chief financial Officer of German insurer Allianz said bond fund manager Pimco, which has seen record outflows since star manager Bill Gross departed last year, is still "the strong bond house it used to be", even as outflows continued at a rate of $32 billion in the second quarter of this year.

Allianz stands by 'legend' Bill Gross

Bill Gross Interview Pic

Allianz, Europe’s biggest insurer and owner of Pacific Investment Management Co., is standing by Chief Investment Officer Bill Gross as his main fund trails peers and struggles with a record streak of investor redemptions, calling him an industry 'legend'.

PIMCO appoints leadership team

Exit Sign

PIMCO has announced that Chief Executive Officer and Co-Chief Investment Officer Mohamed A. El-Erian has decided to step down from his role and leave the firm in mid-March.

'Fund manager of decade': Buy European banks

European Union

For those with the stomach for risk, the best return in the world may come from the troubled euro region because credit risk has bottomed and the region's recovery is for real, according to David Herro, Morningstar's international fund manager of the decade.

HOT LIST

FEATURED

Great Wall Of China Graffiti

Allianz fund seeks China licence

Allianz SE said its German fund management unit has applied for a license in China to establish an onshore presence, following the example of its larger U.S.-based Pacific Investment Management Co.

Bill Gross Interview Pic

Allianz: 'The Bill Gross discussion has subsided'

Chief financial Officer of German insurer Allianz said bond fund manager Pimco, which has seen record outflows since star manager Bill Gross departed last year, is still "the strong bond house it used to be", even as outflows continued at a rate of $32 billion in the second quarter of this year.