Losses relating to its recently sold Dresdner Bank Unit have seen Alliannz SE record a USD4bio loss for the 4th quarter of 2008.
Author: Kyle R Shortland
Mr Shortland has over 14 years of investment management and financial markets experience. Most recently Mr Shortland worked in an investment management/consulting capacity for Next Financial (a boutique Australian Structured Equities provider) and prior to this Mr Shortland worked in an investment management capacity on the NY shift for Endeavour Funds Management for 3 years before leaving in early 2005. Further funds management experience was gained whilst Mr Shortland was employed by Suncorp Metway Investment Management Limited in a Tactical Asset Allocation role. In addition to his investment management and funds management experience, Mr Shortland previously worked for Colonial State Bank as a Senior Currency Trader and to date has considerable currency, derivatives and commodities trading experience. Whilst at Colonial Mr Shortland was also responsible for presenting live financial market commentaries on Sky News as well as writing currency and interest rate commentaries for external and internal use. Academically, Mr Shortland holds a Masters of Applied Finance degree from Macquarie University, a Bachelor of Commerce degree from Newcastle University and is currently completing the Chartered Financial Analyst (CFA) qualification.