Allianz Structured Alpha fund loss could hit $8bn: Berenberg
German insurer Allianz could face a €6.8bn ($8bn) hit as a result of the Department of Justice’s investigation into how its Structured Alpha fund was managed during the Covid-19 market downturn, Berenberg analysts have estimated in a worst-case scenario.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below