Tillit removes five funds following manager shifts
Two funds remained in universe following review
Allianz
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Baillie Gifford, Allianz and GAM funds lose ratings in Square Mile rebalance
One new fund and one investment company also enter the Academy
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Allianz, Guinness and Nordea top FundCalibre asset manager rankings
Royal London took fourth place and Man GLG fifth
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Sanlam and Allianz create joint venture in Africa
JV will provide insurance and financial services in 27 markets
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Allianz eyes asset management joint venture in China
It has reportedly held discussion with several banks in the country
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Allianz offloads half of its Russian business
It will keep a 49.9% stake
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Insurer to take on majority of Aetna’s health client book
Deal involves portfolio outside of the Americas, Thailand and India
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Sanlam and Allianz partner to create pan-African insurer
They will combine current and future operations across the continent
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First virtual bank in Hong Kong to offer digital wealth advice
It will collaborate with Allianz Global Investors for the service
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Insurance giant expands Europe presence with €207m acquisition
In a bid to ‘elevate its position in the attractive’ market
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PEOPLE MOVES: Redington, Aegon UK, Scottish Friendly
CEO leaves investment consultancy firm, as product provider names CFO
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Landmark sale means Allianz first to 100% own China life firm
Rule change in early 2021 opened up the market to foreign insurers