Allianz Global Investors is focusing increasingly on Europe and trying to attract third-party money there. By the end of the third quarter of 2005, AGI was managing €1.23 trillion in assets under management, making it the world’s second-largest investment manager. However, €523 billion of that was being managed on behalf of Allianz Insurance Group. Now, AGI intends to increase its third-party assets, and is counting on Europe as a source, according to Elizabeth Corley,...
