MUNICH (dpa-AFX) - Andreas Gruber, Allianz (AZSEY.PK) Chief Investment Officer, said the company's portfolios are not materially affected by the short-term market volatility created by the results of the UK referendum. He said, due to the company's long-term investment approach, Allianz is not expecting any negative impacts on its investments.
Andreas Gruber stated: 'In the medium- and long-term we expect bilateral agreements between the UK and the EU in order to achieve a continued prosperous collaboration. Most negative scenarios are well reflected in market prices already. We believe market disruptions are short-term.'
Copyright RTT News/dpa-AFX