Allianz Structured Alpha Funds loss could land at EUR3.5bn-EUR6.8bn: Berenberg
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

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

Luke Harrison
August 19, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
allianz-flags-2.jpg

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,

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Legal Claims and losses
LH
Luke Harrison
Gift this article