Skip to main content
MENU
Subscribe
  • Subscribe
  • Account
  • LOGIN
  • Topics
    • Alternatives
    • Consultants
    • Coronavirus
    • Courts
    • Defined Contribution
    • ESG
    • ETFs
    • Hedge Funds
    • Industry Voices
    • Investing
    • Money Management
    • Opinion
    • Partner Content
    • Pension Funds
    • Private Equity
    • Real Estate
    • Russia-Ukraine War
    • SECURE Act 2.0
    • Special Reports
    • White Papers
  • Rankings & Awards
    • 1,000 Largest Retirement Plans
    • Top-Performing Managers
    • Largest Money Managers
    • DC Money Managers
    • DC Record Keepers
    • Largest Hedge Fund Managers
    • World's Largest Retirement Funds
    • Best Places to Work in Money Management
    • Excellence & Innovation Awards
    • WPS Innovation Awards
    • Eddy Awards
  • ETFs
    • Latest ETF News
    • Fund Screener
    • Education Center
    • Equities
    • Fixed Income
    • Commodities
    • Actively Managed
    • Alternatives
    • ESG Rated
  • ESG
    • Latest ESG News
    • The Institutional Investor’s Guide to ESG Investing
    • ESG Sustainability - Gaining Momentum
    • Climate Change: The Inescapable Opportunity
    • Impact Investing
    • 2022 ESG Investing Conference
    • ESG Rated ETFs
  • Defined Contribution
    • Latest DC News
    • DC Money Manager Rankings
    • DC Record Keeper Rankings
    • Innovations in DC
    • Trends in DC: Focus on Retirement Income
    • 2022 Defined Contribution East Conference
    • 2022 DC Investment Lineup Conference
  • Searches & Hires
    • Latest Searches & Hires News
    • Searches & Hires Database
    • RFPs
  • Performance Data
    • P&I Research Center
    • Earnings Tracker
    • Endowment Returns Tracker
    • Corporate Pension Contribution Tracker
    • Pension Fund Returns Tracker
    • Pension Risk Transfer Database
    • Future of Investments Research Series
    • Charts & Infographics
    • Polls
  • Careers
  • Events
    • View All Conferences
    • View All Webinars
    • 2022 Retirement Income Conference
    • 2022 Managing Pension Risk & Liabilities
    • 2022 WorldPensionSummit
Breadcrumb
  1. Home
  2. MONEY MANAGEMENT
February 17, 2017 12:00 AM

Markets and FX drive AUM increase for Allianz; PIMCO reports another quarter of inflows

Sophie Baker
  • Tweet
  • Share
  • Share
  • Email
  • More
    Reprints Print

    Assets under management for Allianz's money management businesses increased 0.6% for the quarter and 6.1% for the year ended Dec. 31 to €1.871 trillion ($1.971 trillion), bolstered by growth in third-party assets.

    Total third-party assets under management grew 2.6% for the quarter and 6.7% for the year to €1.361 trillion, parent company Allianz said in a financial update Friday.

    Assets grew despite net outflows across money management in 2016 totaling €20.3 billion, compared with €107 billion of net outflows in 2015. However, market movements and dividends added €47 billion to assets, foreign-exchange effects added €26.6 billion for the year and other factors added a total €31.6 billion to AUM.

    For the quarter ended Dec. 31, third-party net inflows totaled €1.7 billion, compared with €8 billion of net inflows for the year-over-year quarter. For the three-months ended Sept. 30, net inflows were €6.2 billion.

    The money management unit comprises Pacific Investment Management Co. and Allianz Global Investors.

    PIMCO recorded total assets under management of €1.036 trillion as of Dec. 31, up 3% from three months earlier and up 5% in the past 12 months.

    Total PIMCO net outflows for the year were €17.5 billion, compared with net outflows of €125 billion in 2015. For the quarter ended Dec. 31, PIMCO recorded net inflows of €5.9 billion, up from net inflows of €4.7 billion for the quarter ended Sept. 30. In the fourth quarter 2015, net outflows totaled €11.4 billion.

    Third-party assets under management at AllianzGI were €325 billion, up 1.2% from Sept. 30 and up 12.5% from Dec. 31, 2015.

    Third-party net outflows for AllianzGI in 2016 were €2.8 billion, compared with net inflows of €17.5 billion in the year ended Dec. 31, 2015. For the quarter, net outflows were €4.2 billion, compared with net inflows of €1.5 billion for the quarter ended Sept. 30 and €3.4 billion of net inflows for the quarter ended Dec. 31, 2015.

    Inflows to multiasset and alternatives were more than offset by outflows from equities strategies, said the update. Figures were not available.

    Despite net outflows, the money management unit as a whole recorded its first year-over-year growth in third-party assets since 2012, driven by markets, foreign exchange and the acquisition of fixed-income specialist Rogge Global Partners by AllianzGI, which had £24.1 billion ($30.1 billion) in AUM when the acquisition was announced in February 2016.

    Related Articles
    Allianz AUM up 1.6% in quarter; PIMCO records first inflows since 2013
    Allianz Global Investors to acquire U.S. credit manager Sound Harbor Partners
    PIMCO consultant relations head named to lead Asia-Pacific business
    PIMCO Income Fund passes Total Return as firm's largest mutual fund
    PIMCO inflows bolster Allianz assets under management in first quarter
    New FX global code deserves the attention of 21st century plan fiduciaries
    Allianz Global Investors taps institutional head of Southeast Asia
    Allianz money management units gain 0.2% in quarter
    Recommended for You
    Advisors Asset Management brings on head of institutional and alternatives
    Northern Trust appoints global head of digital assets and financial markets group
    terminated_stamp_1550-main_i.jpg
    American Beacon to terminate 3 subadvisers, close midcap value fund
    Strong Demand Drivers Underpin Private Credit
    Sponsored Content: Strong Demand Drivers Underpin Private Credit

    Reader Poll

    June 6, 2022
    SEE MORE POLLS >
    Sponsored
    White Papers
    Nearing the finish line: Ideas on end-state investing for corporate DB plans
    The Meaning of "Portfolio Intelligence"
    Credit Indices: Closing the Fixed Income Evolutionary Gap
    Forever in Style: Benchmarking with the Morningstar® Broad Style Indexes℠
    Crossroads: Politics, Inflation, & Bonds
    Is there a mid-cap gap in your DC plan?
    View More
    Sponsored Content
    Partner Content
    The Industrialization of ESG Investment
    For institutional investors, ETFs can make meeting liquidity needs easier
    Gold: the most effective commodity investment
    2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios
    Ten ways retirement plan professionals add value to plan sponsors
    Gold: an efficient hedge
    View More
    E-MAIL NEWSLETTERS

    Sign up and get the best of News delivered straight to your email inbox, free of charge. Choose your news – we will deliver.

    Subscribe Today
    June 20, 2022 page one

    Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors.

    Subscribe
    Connect With Us
    • RSS
    • Twitter
    • Facebook
    • LinkedIn

    Our Mission

    To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market.

    About Us

    Main Office
    685 Third Avenue
    Tenth Floor
    New York, NY 10017-4036

    Chicago Office
    130 E. Randolph St.
    Suite 3200
    Chicago, IL 60601

    Contact Us

    Careers at Crain

    About Pensions & Investments

     

    Advertising
    • Media Kit
    • P&I Content Solutions
    • P&I Careers | Post a Job
    • Reprints & Permissions
    Resources
    • Subscribe
    • Newsletters
    • FAQ
    • P&I Research Center
    • Site map
    • Staff Directory
    Legal
    • Privacy Policy
    • Terms and Conditions
    • Privacy Request
    Pensions & Investments
    Copyright © 1996-2022. Crain Communications, Inc. All Rights Reserved.
    • Topics
      • Alternatives
      • Consultants
      • Coronavirus
      • Courts
      • Defined Contribution
      • ESG
      • ETFs
      • Hedge Funds
      • Industry Voices
      • Investing
      • Money Management
      • Opinion
      • Partner Content
      • Pension Funds
      • Private Equity
      • Real Estate
      • Russia-Ukraine War
      • SECURE Act 2.0
      • Special Reports
      • White Papers
    • Rankings & Awards
      • 1,000 Largest Retirement Plans
      • Top-Performing Managers
      • Largest Money Managers
      • DC Money Managers
      • DC Record Keepers
      • Largest Hedge Fund Managers
      • World's Largest Retirement Funds
      • Best Places to Work in Money Management
      • Excellence & Innovation Awards
      • WPS Innovation Awards
      • Eddy Awards
    • ETFs
      • Latest ETF News
      • Fund Screener
      • Education Center
      • Equities
      • Fixed Income
      • Commodities
      • Actively Managed
      • Alternatives
      • ESG Rated
    • ESG
      • Latest ESG News
      • The Institutional Investor’s Guide to ESG Investing
      • ESG Sustainability - Gaining Momentum
      • Climate Change: The Inescapable Opportunity
      • Impact Investing
      • 2022 ESG Investing Conference
      • ESG Rated ETFs
    • Defined Contribution
      • Latest DC News
      • DC Money Manager Rankings
      • DC Record Keeper Rankings
      • Innovations in DC
      • Trends in DC: Focus on Retirement Income
      • 2022 Defined Contribution East Conference
      • 2022 DC Investment Lineup Conference
    • Searches & Hires
      • Latest Searches & Hires News
      • Searches & Hires Database
      • RFPs
    • Performance Data
      • P&I Research Center
      • Earnings Tracker
      • Endowment Returns Tracker
      • Corporate Pension Contribution Tracker
      • Pension Fund Returns Tracker
      • Pension Risk Transfer Database
      • Future of Investments Research Series
      • Charts & Infographics
      • Polls
    • Careers
    • Events
      • View All Conferences
      • View All Webinars
      • 2022 Retirement Income Conference
      • 2022 Managing Pension Risk & Liabilities
      • 2022 WorldPensionSummit