Allianz Group's company's revenues rose 9.1% to €40.3 billion ($44.13 billion) compared to the first quarter 2018. Net income increased 1.6% compared to the first quarter 2018. Total assets under management increased 7.1% in the quarter and 7.4% for the year ended March 31 to €2.1 trillion.
PIMCO had €29 billion in net outflows for the last quarter of 2018. AllianzGI had net inflows of €1.5 billion for the fourth quarter of 2018.
Incorrect information appeared in the May 14 P&I Daily.