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Allianz SE fund management unit seeks China license

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Allianz SE fund management unit seeks China license

Allianz SE said its German fund management unit has applied for a license in China to establish an onshore presence, following the example of its larger US-based Pacific Investment Management Co. “Allianz Global Investors is in the process of applying for a wholly owned foreign entity license in China,” Allianz spokesman Thomas Atkins said by telephone…

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