Allianz Structured Alpha Funds loss could land at EUR3.5bn-EUR6.8bn: Berenberg
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Allianz Structured Alpha Funds loss could land at EUR3.5bn-EUR6.8bn: Berenberg

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Allianz’s total costs from the US Department of Justice (DoJ) investigation into its Structured Alpha Funds and its subsidiary, Allianz Global Investors (AGI) US, will likely fall between EUR3.5bn and EUR6.8bn ($4.1bn-$8bn), according to Berenberg analysts.

A report from Michael Huttner and Thomas Bateman estimated that Allianz may be looking at a base-case loss of $4.1bn,

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