US DOJ investigation 'credit negative' for Allianz says Moody’s
The US Department of Justice is investigating the Structured Alpha funds managed by Allianz Global Investors, which according to Moody’s “increases the risk of a material financial and reputational fallout”.
Allianz confirmed in a statement on 1 August that the DOJ is investigating matters concerning the Structured Alpha funds, adding that it is fully cooperating with DOJ and Securities and Exchange
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