Allianz Global Investors, one of the world’s leading active asset managers, announced today the appointment of Matt Christensen as Global Head of Sustainable and Impact Investing. In this role, he will accelerate the growth of Impact Investing as part of the company’s growing private markets platform; lead the continued integration of ESG factors across AllianzGI’s existing range of public markets products, including stewardship activities; and support the development of new SRI products.
Sentiment regarding the UK economy is mixed as Brexit looms
Interviews with consumers in the UK revealed that 25% believe the current economy is stable, similar to the December 2017 Grassroots® survey, while 28% said it is improving slightly or significantly, a 3% increase vs. December.
Interviews with consumers in the UK revealed that 25% believe the current economy is stable, similar to the December 2017 Grassroots® survey, while 28% said it is improving slightly or significantly, a 3% increase vs. December. In addition, 28% are more optimistic about the economy currently vs. six months ago compared to 27% in December. Looking ahead, similar to December, 21% of sources believe the economy will remain stable in the next six months, while 33% believe it will deteriorate slightly (vs. 35% in December), and 24% believe it will improve slightly.
Meanwhile, 28% of sources said their current household financial situation is improving slightly or significantly, a 7% increase vs. December. Looking ahead, 55% cited concern regarding their employment status in the next six months vs. 56% in December. In addition, 16% of sources cited significant concern regarding the potential negative impact of volatility in the stock market on their financial situation in the next six months, a 4% increase vs. December.
As to Brexit, 49% of sources believe it will cause the economy to deteriorate slightly or significantly in the long term, a 4% increase vs. December. In addition, 40% believe Brexit will have a negative impact on their household financial situation vs. 39% in December. When asked about savings plans, 32% of sources said they plan to save slightly or significantly more due to Brexit vs. 30% in December.
Grassroots® Research is a division of Allianz Global Investors that commissions investigative market research for asset-management professionals. Research data used to generate Grassroots® Research reports are received from independent, third-party contractors who supply research that, subject to applicable laws and regulations, may be paid for by commissions generated by trades executed on behalf of clients.
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