European Insurers to Buy Global Equities in 2014, Allianz Says
2014-05-21 09:46:02.331 GMT
By Sarah Jones
May 21 (Bloomberg) -- Insurers will probably increase
holdings in stocks more than other institutions in next 12
months, Allianz Global Investors’ RiskMonitor survey shows.
* 39% of insurance respondents plan to increase allocation to
international equities vs. 27% for investors from European
banks
* Allianz GI’s Karl Happe says insurers are looking to
stabilize investment results, lower dependency on interest
rates
* About 30% of European institutional investors want to buy
more global equities, 21% plan to buy emerging-market stocks
vs. 5% who want to sell
* NOTE: Survey was conducted in Q1, based on 400 respondents
from 51 countries that together manage ~$20t
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To contact the reporter on this story:
Sarah Jones in London at +44-20-7673-2419 or
sjones35@bloomberg.net
To contact the editor responsible for this story:
Edward Evans at +44-20-3525-3190 or
eevans3@bloomberg.net
2014-05-21 09:46:02.331 GMT
By Sarah Jones
May 21 (Bloomberg) -- Insurers will probably increase
holdings in stocks more than other institutions in next 12
months, Allianz Global Investors’ RiskMonitor survey shows.
* 39% of insurance respondents plan to increase allocation to
international equities vs. 27% for investors from European
banks
* Allianz GI’s Karl Happe says insurers are looking to
stabilize investment results, lower dependency on interest
rates
* About 30% of European institutional investors want to buy
more global equities, 21% plan to buy emerging-market stocks
vs. 5% who want to sell
* NOTE: Survey was conducted in Q1, based on 400 respondents
from 51 countries that together manage ~$20t
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Sarah Jones in London at +44-20-7673-2419 or
sjones35@bloomberg.net
To contact the editor responsible for this story:
Edward Evans at +44-20-3525-3190 or
eevans3@bloomberg.net