Allianz SE, parent company of PIMCO and Allianz Global Investors, reported total assets under management of €1.934 trillion ($2.489 trillion) in the quarter ended March 31, according to the company's quarterly financial update released Wednesday.
The increase of 4.4% from the previous quarter and 17% from the first quarter of 2012 was attributed to new inflows and market appreciation.
The company reported €43 billion in net inflows in the first quarter of 2013 along with market appreciation totaling €14 billion.
Operating profit totaled €900 million, with a cost-income ratio of 52.9%.
The report does not break out any specifics on Pacific Investment Management Co.
