Allianz Global Investors

The recently announced Fiscal Year 2025 (FY25) India budget demonstrates a commendable balance between fostering economic growth and maintaining fiscal prudence. This budget, unveiled amid global economic uncertainties, reflects the government’s strategic approach to ensuring long-term sustainable development while addressing immediate fiscal challenges. Concerns around potential populism and increased welfare payments following weaker-than-expected election results for the Bharatiya Janata Party (BJP) were proven unfounded. By Anand Gupta, Portfolio Manager at #AllianzGI #EmbracingDisruption #Equities #India

🌟 Evolving female talent with the Diversity Project 🌟 We are delighted to share that Wee Kii Teh, Portfolio Manager at AllianzGI, has been AllianzGI's first participant in the Diversity Project's prestigious program. The Diversity Project - Investment Industry's Pathway Program is dedicated to shaping the future of female portfolio managers in the asset management industry, and Wee Kii's participation is a significant milestone for us. 🎉 Wee Kii hopes to implement best practices within AllianzGI to effectively support and retain female and diverse talent. Her participation reflects our ongoing dedication to empowering our people and ensuring a thriving workplace for everyone. Congratulations, Wee Kii! We're excited to see your positive impact throughout this journey. 🌍💼 #AllianzGI #DEI #FemaleLeadership #EmpoweringWomen #AssetManagement #CareerDevelopment

🌟We're looking for a motivated Identity Access Management (IAM) Tech Lead (f/m/d) to join our team in Frankfurt or Munich. As the Technical Lead, you'll drive our IAM initiatives, manage day-to-day operations, and be the go-to expert on our One Identity platform. 🔧💼 If you're passionate about IAM and ready to take charge in an exciting, international and fast-paced environment, we want to hear from you you! 💡🚀 https://lnkd.in/e6YyBrUa #IAM #TechLead #IT

From the challenges facing cocoa farming to the risks of toxic chemicals, our sustainability blog has featured a wide range of topics this year. Here are five posts that resonated most with readers. -> 💎https://ow.ly/cNh850T3Y27 #sustainabilitynow #goodreads

To advance and innovate the digital landscape, there is a huge need in financing its ground laying infrastructure that needs to be met. 📺 Watch Maria Lucia Aguilar-Wittmann and Tilman Mueller, Co-Heads Infrastructure Fund & Co-Investments, elaborate on ways to support the digital transformation, including investments towards data centres, mobile towers, fibre and much more! Join Maria at IPEM for a session on "Mapping infrastructure and real assets returns" to gain insight on a comprehensive and in-depth look at a wide range of alternative investment strategies. 📅 Panel detail: September 10 (Day 1) at 11:15am CEST, Summit Room 2 📍 Visit us at Booth R114, Level 1, Hall Paris, The Palais des Congrès 🕙 Speak with our specialists: https://ow.ly/zKw650T3Hrg #privatemarkets #infrastructureequity #infrastructure *For fund distributors and professional investors only*  This is a marketing communication. Investing involves risk.

In a recent discussion on Bloomberg News, Global CIO Equity Virginie Maisonneuve, CFA, MBA highlighted several key themes expected to influence market behavior. “The “glide path” for growth and inflation remains a dominant factor, alongside politically induced volatility” she shared with hosts Kriti Gupta and Guy Johnson. The conversation also emphasized the potential of the tech sector, and how now could be a good time to consider capitalizing on the second wave of productivity enhancements and tech enablers. Diversification beyond the #MAG7 may be a wise approach, with a focus on long-term trends such as digital Darwinism and transformation. Investors are advised to remain vigilant about potential volatility, whether driven by pessimism or enthusiasm. Currency’s growing importance to equity markets was another focal point, particularly in the context of the shifting interest rate regimes in Europe, Japan, and the US. For the remainder of the year, the dollar, yen, and euro are expected to play crucial roles. A softer dollar could make emerging markets more attractive, while #Japan may continue to offer promising opportunities, especially in the consumer sector. Political volatility, especially leading up to the US elections in November, is anticipated to remain a significant factor, underscoring the importance of maintaining diversified and balanced portfolios. Investors are encouraged to focus on long-term trends that can withstand these periods of volatility. #disruption #globalequities #tech

🌟 Children Experience Day at AllianzGI: Inspiring the Next Generation 🌟 Recently, our Frankfurt office hosted year 8 students as part of the 'Fit for Business' program. This marks the 4th year that our Frankfurt Financial Literacy Team has partnered with this wonderful initiative, helping to provide young minds with a firsthand look into finance. The day was packed with enriching activities, including discussions on the significance of sustainability and interactive sessions led by our Marketing, Communications, HR, and Finance colleagues. These inspiring exchanges allowed students to gain valuable insights into the financial sector and learn about the impact they can make through sustainable practices. 🌍 Supporting Volunteering Efforts: At AllianzGI, sustainability extends beyond our investments – how we act as a company. As part of our Corporate Citizenship Programme, we are committed to Financial Literacy and Education. We offer up to three days of volunteering leave to support initiatives like 'Fit for Business.' Let's make a positive impact together! 💪 💡 Interested in getting involved? Join us in empowering the next generation! Whether guiding students on their journey into the financial industry or broadening their understanding of business, your contribution can make a difference. 📸 Check out some highlights from the day! #FinancialLiteracy #Education #CorporateCitizenship #VolunteerWithUs

Christiaan Tuntono, our Senior Economist Asia Pacific, spoke on CNBC Asia Street Signs this morning to discuss Asia’s macro outlook, the Chinese economy and the Bank of Japan (BoJ) policy rate decision. On Asia’s macro outlook, Christiaan mentioned that the interest rate differential between the US and Asia has been a key driver of currency pressures in the Asia-Pacific region. The rising market’s expectation for the Fed to cut rates this year is generally positive for the region. But that said, the reaction functions of various Asian central banks may still differ based on domestic financial stability concerns. Economies with less domestic financial stability concerns, such as the Philippines and Indonesia, are more inclined to follow the Fed's lead in easing domestic monetary conditions. Economies with more concerns over financial stability in their real estate sector or household debt conditions, such as Korea, Taiwan, Thailand, and India, may be more reluctant to ease monetary policy swiftly, however, opting to delay or limit the extent of easing. Malaysia may even hold its policy rates steady despite lower US rates, thanks to its resilient economy and rising price pressures. On the Chinese economy, the most recent July activity data suggests that the recent rounds of growth supportive measures launched by the government do not seem to be effective. Industrial production and fixed asset investment growth have continued to slow, although consumption growth appeared to have recovered modestly. Christiaan expects there will be rising pressures on the Chinese authorities to intensify the roll-out of policy rate cuts and expedite the implementation of growth-supportive measures, particularly through increased infrastructure investments and the issuance of government bonds to finance that. Hopefully, these effort measures would be adequate in supporting GDP growth over 2H24 to safeguard this year’s “around 5%” growth target. On Japan, Christiaan noted that the future movement of the Japanese Yen (JPY) would have a significant impact on the trajectory of Japan’s inflation and hence the BoJ’s monetary policy decisions. If JPY continues to strengthen against the US dollar, it could help alleviate or even reverse the imported inflation in the domestic economy. Christiaan thinks that the BoJ's policy rate decision will be data-dependent, contingent upon the trajectory of future growth and inflationary dynamic in the Japanese economy. Outlook on the US economy would be an important driver for the BoJ’s policy rate decision also, as that would significantly affect the momentum of the Japanese external economy. #AsiaMacro #AsiaCentralBanks #ChineseEconomy #PBOC #BOJ 

🚀 Join Our Team as a Client Reporting Specialist (f/m/d) in Frankfurt! In this role, you’ll play a key part in delivering client interaction and reporting services across Europe. Your efforts will be essential in elevating our clients’ experience with our online portal and reporting systems 📊✨. https://lnkd.in/eAbbQj_X #CareerOpportunity #FrankfurtJobs #ClientReporting

Read August's Fixed Income Forward to find out the market perspective of our new Global CIO Fixed Income, Michael Krautzberger: 👉 A recovery in sentiment has helped push equity prices and bond yields back up after a sharp risk-off tone heading into August. We think the recent market tantrum may stand to accelerate the shift in focus from inflation to growth. 🎯 Outsized moves in yields and yield-curve slopes create opportunities to tactically take some profits on recent long duration and steepening trades (excluding Japan) and recalibrate portfolio positions. Strategically we stay constructive on fixed income. #navigatingrates #fixedincome | Georgios Georgiou