Allianz GI sees lower income but eyes consolidation

By 3 March 2009

Allianz GI sees lower income but eyes consolidation

[16:50 CET 03-03] EUROPE – Allianz Global Investors saw its net income fall by over 21.5% in 2008 on the back of lower investment returns and subsequently reduced performance fees, but officials are still looking for buying opportunities within the asset management sector.

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