About Allianz

Allianz is a leading global composite insurance company.  Earnings remained resilient throughout the COVID-19 pandemic, primarily due to its diversified and defensive business model. Reflecting a strong capital position, Allianz was one of the few European financial companies in a position to pay dividends in 2020.  The team believed that the COVID-related claims of 2020 will not recur and price increases could support future profitability.  

The Trades

The team bought and sold this idea three times as part of the Best 8 basket over a 14 month period, generating strong trading profits each time. Best 8 offers a unique opportunity to place capital with our dedicated Active Trading Desk, who will select and trade up to 8 names that represent the top global stock ideas picked by Goodbody’s investment professionals. This example shows how the team can target the highest potential stocks while employing strict money management principles and an intense focus on news and market flow in real time.