Allianz sells $120bn assets of US business AGI to Voya after SEC ban

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Insurance group Allianz has signed a memorandum of understanding to transfer $120 billion of assets under management (AUM) of Allianz Global Investors (AGI US) to Voya Investment Management in return for an up to 24% equity stake in the enlarged asset manager.

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Allianz, Voya Investment Management, Memorandum. Asset Management, Insurance, Reinsurance, North America

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Allianz sells $120bn assets of US business AGI to Voya after SEC ban

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