Allianz SE (ALVG.DE)
MILAN, Nov 14 European shares surrendered most of their early gains and ended slightly higher on Monday, with a slump in bond-proxy sectors following a rally in bond yields capping gains recorded by financials and miners.
FRANKFURT/BERLIN, Nov 14 The DAX top-30 index looked set to open 0.8 percent higher on Monday, according to premarket data from brokerage Lang & Schwarz at 0707 GMT.
LONDON Europe's largest insurer Allianz signaled it might return cash to shareholders after reporting forecast-beating quarterly earnings on Friday and the first positive flows into U.S. bond fund manager Pimco in over three years. | Video
LONDON Pacific Investment Management Co's new boss Manny Roman, who joined last week from British hedge fund firm Man Group , has a steadier platform to rebuild it from after the California-based firm finally stemmed an outflow of client money.
LONDON, Nov 11 Pacific Investment Management Co's new boss Manny Roman, who joined last week from British hedge fund firm Man Group, has a steadier platform to rebuild it from after the California-based firm finally stemmed an outflow of client money.
* 2.5 bln euros available this year for M&A or buyback (Recasts, adds CFO comments)
* Says is confident of living up to promise of stopping outflows at Pimco by year-end
MILAN, Nov 11 European shares rose in early trading on Friday, underpinned by gains among financials stocks following a strong update from the region's biggest insurer Allianz.
LONDON, Nov 11 Europe's largest insurer Allianz posted a forecast-beating 37 percent rise in third quarter net income on Friday, and said its U.S. bond fund manager Pimco saw third-party net inflows for the first time in over three years.
Hermes Investment Management has joined a consortium bidding to buy a controlling stake in the gas distribution division of National Grid , Sky News reported.