Allianz’s AGI can resume U.S. operations after a $6 billion settlement and guilty plea for fraud in 2022. The ban, originally for 10 years, was lifted after 3-1/2 years. Allianz sold most of its U.S. AGI business to Voya Financial in the process. The Structured Alpha funds lost over $7 billion during COVID-19 market turmoil. Allianz Global Investors US LLC faced accusations of misleading pension funds.

Read more at Yahoo Finance: Allianz’s fund arm AGI can resume business in US, CEO says