Allianz SE (ALV)

Allianz SE (ALV) - Tom Lydon at ETF Trends

PIMCO has begun trading a new municipal bond fund that will give investors the opportunity to invest in a municipal bond portfolio that is actively managed Accrding to PIMCO, the PIMCO Short Term Municipal Bond Strategy Fund (NYSEArca: SMMU ) will be made up of short term, high credit quality bonds that carry interest income, which is exempt from federal tax and, in some cases, state and local taxes [ Grail Advisors launches new active bond ETFs 

Allianz SE (ALV) - Marc Effgen at Helvea

Oliver Baete, Allianz's chief financial officer, said in November the company isn't examining any "concrete mergers and acquisitions" "Although an Allianz Swiss Life combination could look attractive, we believe that Allianz and other larger players would be more interested in expanding their emerging market presence rather than expanding in a mature market like Switzerland," said Marc Effgen, a London based analyst with Helvea, in a note With assistance from Oliver Suess in Munich 

Allianz SE (ALV) - Fabrizio Croce at Kepler Equities

Swiss Life isn't "the right target for Allianz," said Fabrizio Croce, a Zurich based analyst with Kepler Capital Markets, in a note to investors this morning, adding that the Swiss competition commission would likely oppose a deal 

Allianz SE (ALV) - Michael Huttner at JP Morgan

The two companies have significant overlap in Switzerland, France and Germany, which are relatively slow growing, and a deal could raise cartel issues in Germany, analysts said JP Morgan analyst Michael Huttner said Allianz did not need to buy access to Swiss Life's pensions broker AWD, through which Allianz already sells products "None of the arguments are compelling for doing a deal There are lots of little negatives but nothing that's a big positive," Huttner said 

Allianz SE (ALV) - Fabrizio Croce at Kepler Equities

Swiss Life is however not the right target for Allianz," said Kepler Capital markets analyst Fabrizio Croce 

Allianz SE (ALV) - Michael Huttner at JP Morgan

JP Morgan analyst Michael Huttner said Allianz was probably not interested in Swiss Life's core business of group pensions in Switzerland and also did not need to buy access to Swiss Life's pensions broker AWD, through which Allianz already sells A takeover might also raise cartel questions in Germany and would also weigh on Allianz's regulatory solvency capital, Huttner said "None of the arguments are compelling for doing a deal There are lots of little negatives but nothing that's a big positive," Huttner said 

Allianz SE (ALV) - Karl Denninger at The Market Ticker

The move is doubly embarrassing for the Government because the head of Pimco's European investment team is Andrew Balls, brother of Schools Secretary Ed Balls, who is mastering the Government's re election strategy The move will be seen as a financial vote of no confidence in the Government's handling of the economy PIMCO has also said it is reducing its holdings of American Treasury debt 

Allianz SE (ALV) - Business Insider

It's been joked that PIMCO is the fourth branch of the US government, but it seems the kings of fixed income are doing well with the Chinese government as well. Manager Changhong Zhu is being hired by China as its Chief Investment Officer, basically overseeing a staggering $23 trillion of forex reserves 

Allianz SE (ALV) - Bill Gross at PIMCO

Bill Gross, co chief investment officer of Pacific Investment Management Co Tim Boyle/Bloomberg News By Wes Goodman and Garfield Reynolds (Bloomberg) — Bill Gross , who runs the world's biggest bond fund at Pacific Investment Management Co , cut holdings of government debt and boosted cash to the most since Lehman Brothers Holdings Inc collapsed in Gross increased cash in the $1994 billion Total Return Fund's to 7 percent in November from negative 7 percent in October, according to Pimco's Web site The fund can have a so called negative position by using derivatives, futures or by shorting He reduced government related securities to 51 percent from a five year high of 63 percent in October 

Allianz SE (ALV) - Bill Gross at PIMCO

NEW YORK (Reuters) , Pimco's Bill Gross said on Thursday that utilities stocks provide opportunity for investors in a "low growth environment," due to their high dividend yield and steady earnings potential. Gross, co chief investment officer of Pacific Investment Management Co, said in monthly commentary on the firm's Web site that the coming years are likely to be "low return" ones, which will hurt a number of sectors, including banks, auto companies and other entities. He notes that utility shares yield more than their less risky debt and offer dividend yields of about 5 to 6 percent, making them attractive in coming years (Reporting by David Gaffen ; Editing by Chizu Nomiyama ) 

Allianz SE (ALV) - Lex

French hare or German tortoise? Investors appear to favour France's Axa, whose shares have delivered a roughly 145 per cent return since their March low, to Allianz, whose shares have returned 64 per cent. The French insurer's shares fell 1.3 per cent on