Having broadened and deepened its fixed income capabilities significantly over many years, AllianzGI is now taking the natural next step in the evolution of its fixed income offering by bringing its capabilities into an integrated, global structure.
As active managers, we place great importance on understanding capital markets, conducting in-depth research and developing new ideas. Discover our wide range of timely investment insights on the markets, the global economy, politics and more.
The coronavirus pandemic has highlighted core sustainability issues such as income inequality, poor healthcare and complex supply chains. As a result, sustainability is likely to become increasingly integral to asset managers’ investment processes and risk analysis. Here are five ways we think the crisis will affect investors.
Even as the developed world slowly comes to grips with the coronavirus outbreak, the struggle in emerging markets is just beginning, and many foreign investors have grown wary. Social distancing and other containment measures are creating significant risks to EM economies. Still, some countries – including Russia, Brazil and China – could be set to rebound when capital begins flowing back in.
The coronavirus crisis and a price war have pushed the oil price well under USD 20 per barrel, with some futures contracts even falling below zero. We expect this to trigger many structural changes – both positive and negative – that investors will be able to factor into their portfolios before the energy industry recovers.
Asian markets experienced a rollercoaster ride in Q1, chiefly due to the impact of the coronavirus outbreak. Now there are signs that a recovery in China, albeit moderate, may help wider Asian economies to stabilise. This could create opportunities for long-term investors.
The global COVID-19 crisis is impacting individuals, companies and public services. The priority given to health and safety and respecting hygiene rules requires us all to change our lifestyles and habits during the lockdown period.
In recent weeks, the status quo of bond liquidity has been turned on its head. Amid high levels of volatility, high-quality bonds have sometimes looked more stressed than their so-called riskier counterparts. While these assets and best-quality credit should still outperform past the current market crisis, there are two main lessons for bond investors from the recent market dislocation.