Allianz Says Earnings Could Be Hurt by U.S. Investigation into Funds

Allianz SE said earnings could be materially hurt by a U.S. Justice Department investigation into its Structured Alpha Funds, which are at the center of lawsuits after they incurred steep losses at the start of the coronavirus pandemic. Europe’s largest …

from News – Insurance Journal https://ift.tt/3fl6JCj
via IFTTT