Allianz Global Investors

LoCorr Funds Promotes Industry Veteran to Sales Leadership Position

Retrieved on: 
Thursday, March 14, 2024
Risk, Senior, Dislocation, Perpetual Limited, Allianz Global Investors, Drug

MINNEAPOLIS, March 14, 2024 (GLOBE NEWSWIRE) -- LoCorr Funds, a leader in low-correlating alternative investments, today announced the promotion of Michael Stabile to its sales leadership team to strengthen and grow distribution efforts.

Key Points: 
  • MINNEAPOLIS, March 14, 2024 (GLOBE NEWSWIRE) -- LoCorr Funds, a leader in low-correlating alternative investments, today announced the promotion of Michael Stabile to its sales leadership team to strengthen and grow distribution efforts.
  • Additionally, he will continue distributing LoCorr’s alternative investment products in Southern California, Southern Nevada, and Hawaii.
  • Stabile joined LoCorr in early 2023 and brings nearly 20 years of experience in investment management and distribution.
  • He reports directly to Kevin Kinzie, CEO of LoCorr Funds.

Alerus Financial Corporation Names Forrest Wilson Chief Retirement Services Officer

Retrieved on: 
Thursday, February 22, 2024
Finance, Banking, Professional Services, Other Professional Services, Asset Management, Senior, Allianz Global Investors, Marketing, VOYA, Empower, Retirement, MBA, Alerus, Lead, University, Central Connecticut State University, Business, Financial system, Knowledge, New York University, Management

Alerus Financial Corporation (Nasdaq: ALRS) announced today that Forrest Wilson will join Alerus as Executive Vice President and Chief Retirement Services Officer, effective February 26, 2024.

Key Points: 
  • Alerus Financial Corporation (Nasdaq: ALRS) announced today that Forrest Wilson will join Alerus as Executive Vice President and Chief Retirement Services Officer, effective February 26, 2024.
  • A well-rounded retirement industry veteran, Mr. Wilson brings over 25 years of experience on both the platform/recordkeeping and investment sides of the retirement business.
  • As Chief Retirement Services Officer, Mr. Wilson will be responsible for the overall leadership and direction of Alerus’ retirement and benefits division, which serves thousands of third-party advisors, over 8,000 employer-sponsored retirement plans, and approximately 474,000 plan participants nationwide.
  • “Forrest is widely experienced and well known in the retirement services industry,” said President and Chief Executive Officer Katie Lorenson.

Voya Financial announces fourth-quarter and full-year 2023 results

Retrieved on: 
Tuesday, February 6, 2024
Asset Management, Professional Services, Finance, Partnership, VOYA, Allianz, Voya Financial, Growth, Allianz Global Investors, Investment management, Corporation, Stop loss, Acquisition, Security (finance)

Voya Financial, Inc. (NYSE: VOYA), announced today its fourth-quarter and full-year 2023 financial results:

Key Points: 
  • Voya Financial, Inc. (NYSE: VOYA), announced today its fourth-quarter and full-year 2023 financial results:
    Fourth-quarter 2023 net income available to common shareholders of $118 million, or $1.10 per diluted share, and after-tax adjusted operating earnings1 of $174 million, or $1.63 per diluted share.
  • Full-year 2023 results reflect record after-tax adjusted operating earnings in Health Solutions, expense discipline, and significant excess capital generation.
  • “Our fourth-quarter and full-year 2023 results demonstrate our commitment to execution; discipline in managing expenses while continuing to reinvest in our businesses; and the benefits of Voya’s diversified, capital-light business mix,” said Heather Lavallee, chief executive officer, Voya Financial.
  • This focus — along with the multiple ways we support our colleagues and communities — continues to set Voya apart in the marketplace.

Levine Lee Elevates Alison Bonelli to Partner

Retrieved on: 
Wednesday, January 10, 2024
District court, Partnership, Allianz Global Investors, History, University, Georgetown University

NEW YORK, Jan. 10, 2024 /PRNewswire/ -- Levine Lee LLP is pleased to announce that it has elected Alison M. Bonelli to the partnership, effective January 1, 2024.

Key Points: 
  • NEW YORK, Jan. 10, 2024 /PRNewswire/ -- Levine Lee LLP is pleased to announce that it has elected Alison M. Bonelli to the partnership, effective January 1, 2024.
    "
  • Alison Bonelli is a gifted and versatile trial lawyer with a proven ability to lead complex litigation matters, whether high value commercial disputes or white collar securities enforcement defense matters," said Kenneth E. Lee , adding: "She brings to her clients sound judgment and persuasive communication skills in obtaining successful results."
  • Seth L. Levine noted: "We could not be more pleased or fortunate to have Alison as our partner.
  • She is an extraordinary lawyer and colleague, and we look forward to her taking an increased leadership role within the firm."

U.S. Global Investors Announces Solid Financial Results for Fiscal Year 2023, with Net Income Per Share of $0.22, 23% Operating Margin and Increased Working Capital

Retrieved on: 
Thursday, November 16, 2023
ETF, Allianz Global Investors, NYSE, SAN, Gold, Risk, Delta Air Lines, JETS, Atmosphere, Face, Cryptocurrency, Airline, American Airlines

For the 12-month period, net income was $3.1 million, or $0.22 per share, and operating income was $3.5 million.

Key Points: 
  • For the 12-month period, net income was $3.1 million, or $0.22 per share, and operating income was $3.5 million.
  • Operating margin was a healthy 23% on operating revenues of $15.1 million, despite average assets under management (AAUM) declining 35.6%, from $3.9 million during fiscal 2022 to $2.5 million during the fiscal year ended June 30, 2023.
  • As of June 30, 2023, the Company had net working capital of approximately $37.4 million, over a 10% increase from June 30, 2022.
  • Now that this 10-K is filed, the Company will begin working diligently on the September 10-Q.

Leadership Change at Allianz Central Europe

Retrieved on: 
Monday, December 11, 2023
Professional Services, Insurance, Finance, Landesbank Baden-Württemberg, University of Trier, Economics, LBBW, Head, CFO, Multimedia, Culture, Allianz, Marketing, Office, University, Landesbank, SE, Personality, Allianz Global Investors, Management, Central European, Central Europe

Allianz SE today announced leadership changes that will take effect from January 1, 2024:

Key Points: 
  • Allianz SE today announced leadership changes that will take effect from January 1, 2024:
    This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20231211051237/en/
    Nina Klingspor will succeed Petros Papanikolaou as CEO of Allianz Central Europe (Photo: Allianz)
    Nina Klingspor, currently CEO of Allianz Private Krankenversicherungs-AG, Allianz private health insurance business in Germany (APKV), will be appointed as the new CEO of Central Europe for Allianz Group, subject to approval by the relevant corporate bodies.
  • Allianz Central Europe is a regional entity with responsibility for Allianz national businesses in 11 countries in Central and Eastern Europe.
  • Klaus-Peter Roehler, Member of the Allianz SE Board of Management, said “I want to thank Petros for the outstanding work he has done at Allianz Central Europe, his establishment of the regional entity and his successful transformation of the regional model.

Impact Disclosure Taskforce Created to Scale Financing of the United Nations Sustainable Development Goals

Retrieved on: 
Tuesday, November 28, 2023
Environment, Finance, Consulting, Banking, Business, Professional Services, Sustainability, Environmental, Social and Governance (ESG), Asset Management, Asian Development Bank, Disclosure, Allianz Global Investors, ISSB, Sustainable Development Goals, CDPQ, Investment, Axa Investment Managers, Bank, Citigroup, Standard Chartered, International Capital Market Association, International Sustainability Standards Board, UNCTAD, AFD, Natixis Investment Managers, SDG, Research, USD, Société Générale, Global Impact, ADB, Conference, DFC, Linklaters, GISD, Task force, Poverty, Deutsche Bank, Engagement, Goldman Sachs, Investment banking, ICMA, Bank of America, UNIS-UN Conference, Innovation, Sustainable finance, ESG, Renewable energy, Asset management, Cryptocurrency

The Taskforce also intends to explore mechanisms for disseminating and analyzing this entity-level impact information to promote transparency and accountability.

Key Points: 
  • The Taskforce also intends to explore mechanisms for disseminating and analyzing this entity-level impact information to promote transparency and accountability.
  • The Taskforce also obtains input from public development banks including the Asian Development Bank (ADB), the French Agency for Development (AFD), and the United States International Development Finance Corporation (DFC), as well as from the Global Impact Investing Network (GIIN), members of the Global Investors for Sustainable Development Alliance (GISD), and Linklaters.
  • Collaborating to provide suggested guidance on standardized impact metrics for development finance will allow entities to more clearly communicate their contribution towards the SDGs.
  • We are working to support greater impact disclosures and ultimately attract more sustainable finance capital to emerging markets and developing countries.”

AMERICANS ARE CHOOSING SUNNY BEACHES AND CITY LIGHTS FOR THIS YEAR'S HOLIDAY CELEBRATIONS

Retrieved on: 
Wednesday, December 13, 2023
Family, Allianz Global Investors, Airport, Policy, Insurance, Travel, Hotel, Tourism, Airline

RICHMOND, Va., Dec. 13, 2023 /PRNewswire/ -- Allianz Partners USA has announced its annual Top 10 Holiday Destinations survey, which found Americans are planning holiday trips to New York City and Cancun, Mexico, as their top domestic and international locations.

Key Points: 
  • New York City headlines for the third year in a row as the number one domestic destination on American travelers' wish lists this holiday season, followed by sunny Orlando (#2), dazzling Las Vegas (#3), Los Angeles (#4) and Atlanta (#5).
  • Travelers planning an overseas holiday should be prepared for busier airport gates at warm-weather destinations.
  • For the sixth time in a row, Cancun stays on top with travelers opting to escape the cold to relax on Mexico's sunny beaches.
  • Allianz Partners offers travel insurance through most major U.S. airlines, leading travel agents, online travel agencies, hotel companies, cruise lines and directly to consumers.

AMERICAN TRAVEL TO EUROPE DASHES TO NEW HEIGHTS FOR 2023 HOLIDAYS

Retrieved on: 
Monday, November 27, 2023
Holiday, Allianz Global Investors, Airport, Allianz, Czech Republic, Travel, Tourism, European

RICHMOND, Va., Nov. 27, 2023 /PRNewswire/ -- The number of Americans heading to Europe for the holidays is up significantly compared to last year, according to new data from the Allianz Partners' 2023 European Holiday Destination Index. The leading travel insurance and assistance company found that American travel to Europe this holiday season is up by 21% compared to 2022, and destinations such as Barcelona are seeing increases up to 61%.

Key Points: 
  • American travel to Europe continues to grow at a furious pace.
  • Allianz Partners' summer travel survey found trips to Europe increased by 55% in 2023 over the previous year.
  • Allianz Partners USA reviewed more than 1.3 million travel itineraries* across the peak holiday travel period to highlight the season's most popular European destinations for 2023.
  • Allianz Partners offers travel insurance through most major U.S. airlines, leading travel agents, online travel agencies, hotel companies, cruise lines and directly to consumers.

U.S. Global Investors Launches Gold Royalty GOAU ETF on Mexican Stock Exchange, Expanding Global Footprint in Latin America

Retrieved on: 
Wednesday, November 1, 2023
Allianz Global Investors, Gold, GOLD, Mining, All Japan Federation of Metal Miners' Unions, NYSE, Royal Gold, ETF, JETS, Mexican Stock Exchange, Metal, BMV, Wheaton Precious Metals, Palladium, Franco-Nevada

Global Investors, Inc. ( NASDAQ : GROW ) (the “Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors, today is pleased to announce that its gold mining and royalty ETF, the U.S.

Key Points: 
  • Global Investors, Inc. ( NASDAQ : GROW ) (the “Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors, today is pleased to announce that its gold mining and royalty ETF, the U.S.
  • Global GO GOLD and Precious Metal Miners ETF (NYSE: GOAU), is now listed on the Mexican Stock Exchange (BMV).
  • The new listing expands GOAU’s global footprint and allows investors in Mexico to access the fund.
  • “We’ve witnessed the strength behind the gold royalty model, particularly in the three largest royalty positions in GOAU: Wheaton Precious Metals, Franco-Nevada and Royal Gold,” Mr. Holmes says.