Allianz Earnings Rise to Record as Pimco Draws €38 Billion Allianz's recent earnings report is a testament to the company's successful investment strategy and its lucrative partnership with Pacific Investment Management Company (Pimco).
The German multinational conglomerate has posted record profits, largely due to the influx of assets under management from Pimco.
This development marks a significant milestone in Allianz's asset management business, which has become a key driver of the company's earnings.