Allianz

ON EMERGING MARKETS

German insurer Allianz has seen profits fall 80% in the third quarter as the impact of investments in European banks, and Greece, impacted returns.

ON EUROPE

Allianz Global Investors has unveiled its second renminbi fund which aims to offer investors exposure to the expected appreciation of the currency.

Allianz Global Investors has warned European growth will not return to pre-credit crisis levels for years to come.

Allianz manager trims mainstream large-cap weighting to avoid following the herd

Allianz Global Investors is looking to launch a renminbi-denominated fixed income fund in the summer.

BEST OF BRAZIL

Allianz's Michael Konstantinov is reversing the bias towards Russia and energy stocks he introduced in November last year to shift back into China, Brazil and India.

Allianz is converting its £58m RCM UK Growth fund into an absolute return portfolio the group thinks will be better placed to perform in a 'range bound' market.