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ALIZF Allianz Ag Muenchen Namen (PK)

290.128
0.00 (0.00%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Allianz Ag Muenchen Namen (PK) USOTC:ALIZF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 290.128 284.05 288.65 0.00 12:41:03

Allianz CFO Sees Upside for Equity Markets, Losses on Bonds -Report

13/10/2013 9:52am

Dow Jones News


Allianz Ag Muenchen Namen (PK) (USOTC:ALIZF)
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Insurance Allianz SE (ALV.XE) wants to put more money in equity markets in spite of the German benchmark DAX index at a record of 8700 points, German weekly Welt am Sonntag reports Chief Financial Officer Maximilian Zimmerer saying.

The Munich-based insurer recently increased its position in equities and has 6% of its 500 billion euros in assets under management in stocks, Mr. Zimmerer said. Allianz has only little room left to increase that because of regulations.

Mr. Zimmerer expects bonds to decline because the interest-rate curve is unlikely to remain flat.

Germany's largest insurer by revenue is poised to increase investments in private-equity funds and infrastructure projects like wind parks. "I can well imagine us to boost investments here...to EUR80 billion" from its current EUR55 billion," he said.

Newspaper website: http://www.welt.de

Write to Frankfurt Bureau at djnews.frankfurt@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


1 Year Allianz Ag Muenchen Namen (PK) Chart

1 Year Allianz Ag Muenchen Namen (PK) Chart

1 Month Allianz Ag Muenchen Namen (PK) Chart

1 Month Allianz Ag Muenchen Namen (PK) Chart