Page 9 - Structured Alpha News Today

Federal authorities say bus drivers and charitable groups were among victims who lost $5 billion from private investment funds once worth $11 billion

Allianz Global Investors and three of its former portfolio managers have been charged by the US regulator over a multi-billion-dollar securities fraud sold to pension funds that went on for more than four years.

NEW YORK/MUNICH—Germany's Allianz SE agreed to pay more than $6 billion and its U.S. asset management unit pleaded ...

<p><span>An indictment was unsealed today in the Southern District of New York charging Gregoire Tournant, the Chief Investment Officer and co-lead Portfolio Manager for a series of private investment funds managed by Allianz Global Investors U.S. LLC (AGI), with securities fraud, investment adviser fraud and obstruction of justice offenses in connection with a scheme to defraud investors. Those funds ultimately collapsed, leading to billions of dollars of investor losses. Tournant s...

The US SEC has charged Allianz Global Investors U.S. LLC (AGI US) and three former portfolio managers with fraud.

The strategy was sold to approximately 114 institutional investors.

Powell offered some more insight Tuesday into his latest description of what the economy might be in for as the central bank seeks to tamp down inflation.

A U.S. unit of German insurer Allianz will pay $6 billion in fines, restitution and forfeiture and plead guilty to a years-long scheme to deceive investors in a...

Germany's Allianz agreed to pay more than $6 billion and its US asset management unit will plead guilty to criminal securities fraud over the collapse of

NEW YORK (Reuters) -Germany's Allianz SE has agreed to pay about $6 billion and a U.S. asset management unit will plead guilty to fraud after a group ...