Exclusive-Allianz under investigation in Germany over … The German insurer is one of the world's biggest money managers with 2.4 trillion euros in assets under management. Separately, the DOJ has requested documents and information while German regulator Bafin is also investigating the matter. 01/03/2022 - 9:52am. Follows investigations by SEC, DOJ and investor lawsuits Allianz says “absolutely normal process” FRANKFURT, Sept 7 (Reuters) – German regulators have launched an investigation into the country’s biggest financial company, Allianz (ALVG.DE), after the demise of some of its U.S. investment funds last year, people with direct knowledge of the matter told Reuters. The SEC’s press release also states that the three senior portfolio managers continued to lie to SEC staff after they began investigating the matter. WHAT IS THIS ABOUT: On August 1, 2021, Allianz disclosed that “[s]ubsequent to the litigation pending in U.S. courts in relation to the Structured Alpha Funds against Allianz Global Investors U.S. LLC [AGI U.S.] and other Allianz Group companies and the investigation launched by the U.S. Securities and Exchange Commission (‘SEC’) in 2020, the U.S. Department … In the statement from 1 August, Allianz said it is fully cooperating with the SEC and the DOJ and has immediately started its own review of this matter. INVESTIGATION As part of an agreement with federal prosecutors in New York, Allianz Global Investors U.S. pleaded guilty to one count of securities … The sources said the German investigation was currently in a fact-finding phase and involved multiple people, but had picked up pace since Allianz announced the DOJ probe on Aug. 1. FRANKFURT: German regulators have launched an investigation into the country's biggest financial company, Allianz, after the demise of some of its U.S. investment funds last year, people with direct knowledge of the matter told Reuters. AllianzGI to pay $6bn as SEC charges firm and fund managers … Stocks soon recovered, but not before Allianz Global Investors moved to liquidate two of its funds, locking in losses for their investors. Werbung . Whistleblower Notice: Persons with non-public information regarding Allianz should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Allianz revealed in August that the U.S. Department of Justice had launched an investigation into the Structured Alpha funds offered by its Allianz Global Investors asset management unit in the U.S. Firm to pay $6 billion settlement; Voya buys most of U.S. business. In the course of internal and external … ALLIANZ SEC An Allianz spokesperson declined to comment on the BaFin investigation. Allianz: Hohe Kosten durch Streit um US-Hedgefonds befürchte The DOJ investigation was disclosed by Allianz in August. Allianz Allianz Allianz