"Its asset management division, which consists of PIMCO, Allianz Global Investors and Allianz Real Estate, has €1,960 billion of assets under management (AuM), of which €1,448 billion are ...
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third-party assets (as at 2017-12-31).[citation needed]
Allianz sold Dresdner Bank to Commerzbank in November 2008. As a result of this transaction, Allianz gained a 14% controlling stake in the new Commerzbank.[citation needed]" - (en.wikipedia.org 18.05.2020)