The German insurer that owns PIMCO saw outflows spike as clients fled volatile markets in the fourth quarter.
Executives are handing out sneakers to employees as part of an effort to breath new life into its active offerings.
Less than four months after leaving Franklin Templeton, the 81-year-old has set up a new asset management firm.
The U.K.’s largest insurer derives about one third of its earnings from Asia.
Passive asset managers, already on a roll, are about to get more help from new regulatory regimes such as MiFID II.