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Behind Allianz s $4 Billion Fund Blowup, Red Flags and Fat Fees

It's every investor's dream: Make money when markets go up, and when markets go down, and even when markets go practically nowhere. But inside Allianz SE,

United statesRoman frenkelStephan kahlOliver baeteTrevor taylorJustice departmentFinancial industry regulatory authorityUs justice departmentPacific investment management coExchange commissionYork metropolitan transportation authorityLehman brothersMckinsey coInternational brotherhood of electrical workersStructured alphaWall street

Allianz Sets Aside $4 2B to Handle Probes, Lawsuits After Collapse of Investment Funds

German insurer and asset manager Allianz ALVG.DE on Thursday said it would set aside 3.7 billion euros ($4.20 billion) to deal with investigations and

New yorkUnited statesOliver baeteKirsten donovanTom simsUs department of justiceStructured alphaAllianz global investorsExecutive officer oliver baete

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