We are pleased to introduce The Investment Intelligence Podcast, where experts discuss all things investing, from recent market developments, to strategy, sustainable investing, asset allocation, risk management and more.
Emerging Market Debt Chief Investment Officer
Senior Portfolio Manager
Listen to Chief Investment Officer for Emerging Market Debt Richard House and Giulia Pellegrini, senior emerging market debt portfolio manager, talk about the outlook for emerging markets after a rough start to the year, why debt problems in Russia and Sri Lanka are unlikely to lead to contagion and why the asset class could benefit from rising interest rates.
Senior Portfolio Manager and Director
Senior Product Specialist and Director
Listen to Portfolio Manager Michael Seidenberg and Product Specialist Johannes Jacobi discuss the heightened threat of cyber warfare after Russia’s invasion of Ukraine, and what it means to investors’ portfolios. Also: Mike and Johannes provide a broader overview of the industry, and outline potential investment opportunities across the space as our lives become more and more enmeshed in the digital world.
CFA, Director, Portfolio Manager
Listen to Fixed Income Portfolio Manager Jim Dudnick discuss the current investment landscape for the asset class, especially what’s ahead for the high-yield market. Also: Jim and host J.P. Vicente talk about where to find value amid quickly widening and shrinking spreads, the outlook for corporate credit, potential advantages of short-duration exposure in uncertain times, and the challenges ahead for the Federal Reserve, including potential yield curve inversion and economic slowdown.
Global Head of Fixed Income Product Specialists
Listen to Global Head of Fixed Income Product Specialists Georgios Costa Georgiou discuss the fixed-income investment landscape amid rising inflation, monetary policy tightening, Russia’s invasion of Ukraine, and a subsequent spike in commodity prices. Specifically, Georgios discusses how investors should consider sustainable investing—especially green bonds—in times of rising oil prices.
CFA, Director, Portfolio Manager,Growth Equity EU
Global Head of Product Specialist Systematic Equity
Listen to Global Growth Equity Portfolio Manager Marcus Morris-Eyton and Senior Product Specialist Christian McCormick discuss the challenges of investing in non-US stocks amid rising geopolitical risk after Russia’s full-out invasion of Ukraine in late February. Also: Marcus, Christian and host J.P. Vicente talk about the direction of global economic growth, inflation, and monetary policy, the unwinding of central banks’ massive balance sheets, and how investors should consider value vs. growth equity investing today.
Head of Thematic Equity
Thematic Equity Product Specialist
Listen to Allianz-cogroup’s Andreas Fruschki, Head of Thematic Equity, and Alexandra Russo, Thematic Equity Product Specialist, analyze the current state of investing in water. Andreas, Alexandra, and host J.P. Vicente discuss how investing in water today spans a wide array of potential opportunities, from impact on Sustainability to infrastructure, food supply management, manufacturing, and cyber security.
Global Head of Sustainable and Impact Investing
Head of Sustainability Research and Stewardship
Listen to Allianz-cogroup’s Matt Christensen, Global Head of Sustainable and Impact Investing, and Mark Wade, Head of Sustainability Research and Stewardship, discuss the impact of COP26 and the Glasgow Climate Pact, and what role investors can play as we travel on the road to Net Zero. Hint: Investing for impact is a big part of it. Also: Matt, Mark and host J.P. Vicente discuss the all-important topics of Planetary Boundaries and Inclusive Capitalism.
Global CIO Equity
Listen to Global Equity Chief Investment Officer Virginie Maisonneuve discuss the investment implications of a curious and very disruptive idea: Digital Darwinism. Virginie and host J.P. Vicente talk about the areas and industries most likely to be affected by Digital Darwinism; the implications to commerce, education, and healthcare; the impact on geopolitics; potential winners and losers; and much more. Also: Virginie introduces three investing themes that, in her view,
will dominate this “survival-of-the-fittest” world.
Global Head of Product Specialists Equity
Listen to Global Head of Equity Product Specialists William Russell discuss the Chinese investment landscape from an on-the-ground perspective. William and host J.P. Vicente have a broad conversation on topics ranging from the state of the economy to fiscal and monetary policies, China’s zero Covid policy, the state of the property market and the technology sector, China’s approach to sustainability, and a lot more.
Also: William puts it all in the blender to find
out how it translates into potential investment
opportunities.
Global Head of Economics
Global CIO for Multi Asset
Listen to Stefan Hofrichter, Global Head of Economics at Allianz-cogroup, and Greg Hirt, Global Chief Investment Officer of the Multi-Asset team at Allianz-cogroup, discuss our macro-economic and capital-markets outlook for 2022 through the prism of our four key investable themes for the coming year. It’s a packed conversation on “Navigating Rates,” “Appreciating China,” “Achieving Sustainability,” and investing in “Disruption.”
Lead Portfolio Manager
Listen to lead portfolio manager Sebastian Thomas discuss the latest trends in Artificial Intelligence investing, including how AI is helping companies to structure data, map consumer behavior, enhance cloud services, and further automate supply chains. Also: Sebastian talks about the growing role of AI in medicine, including the development of vaccines and treatments during the pandemic.
Senior Portfolio Manager, Managing Director
Listen to Head of Systematic Equity Kunal Ghosh discuss the latest trends in emerging-market equities, including what’s in store for the Chinese economy, the impact of the tech crackdown on investors’ confidence, the state of the real estate market, and the consumer outlook. Also: Kunal analyzes opportunities in other emerging markets such as Russia, India, Brazil (hint: think IPOs), and much more.
Managing Director, Lead Portfolio Manager
Listen to senior portfolio manager Walter Price discuss how a confluence of factors challenging a post-pandemic world—i.e., labor shortages, supply-chain strains, the fight against climate change—can usher in a golden age for technology and set the stage for strong investing opportunities in the sector. Specifically, Walter talks about opportunities in cloud computing, cyber security, artificially intelligence, and much more.
Investment Strategist
Listen to investment strategist Ann-Katrin Petersen discuss some top-of-mind issues for investors today, namely the future of inflation, labor shortages, and the shape of the global economy in a post-pandemic world. Also: Ann-Katrin discusses what this all means to portfolios, and how investors should consider allocating assets.
Head of Americas, Infrastructure Debt
Listen to Head of Infrastructure Debt Investing in the Americas Paul David discuss the impact of President Biden’s infrastructure package on the sector, and what opportunities it creates for investors. The $570 billion package has mustered bipartisan support in the US Senate, and, as of this writing, is yet to be approved by the Lower House. Also: Paul analyzes the current state of the infrastructure debt market, including deal flow, spreads, the potential of Fed tapering, and much more.
Senior Product Specialist China Equity at Allianz-cogroup
Listen to Senior Product Specialist Christian McCormick discuss the impact on portfolios of China’s recent crackdown on technology companies listed as ADRs in the US, and what investors should consider doing with their China allocation going forward. Also: Christian reviews the Hong Kong market a year after China’s extension of its national security law in the territory, and analyzes China’s domestic equity market, which has shown relative resilience when compared to the Hong Kong and ADR markets.
Listen to Head of Sustainability Research and Stewardship Mark Wade discuss how the recently announced new climate targets by the European Union will impact the geopolitical debate ahead of the UN’s 2021 Climate Change Conference as well as influence how corporations and investors adapt to a quickly changing regulatory landscape. Also: As sustainable investing continues to gain momentum, how should market participants consider incorporating it into investment models?
Listen to fixed-income portfolio manager Jim Dudnick discuss why he thinks that Fed Chairman Jay Powell deserves a place in the “central bank Hall of Fame,” and how Powell’s management and communication style has provided the Fed plenty of options to normalize monetary policy depending on how growth and inflation evolve. Also: What does this Fed “optionality” mean to fixed-income investors and portfolios?
Former President of Trader Joe’s, Board Member of Conscious Capitalism, Founder and President of Daily Table
Listen to Former Trader Joe’s President Doug Rauch discuss how business leaders can rethink the way they run their companies to make them more sustainable, and how investors can better spot which organizations are on the right track and which are not. Also: Doug talks about re-thinking capitalism, re-generative design, issues of morality and inclusion in running businesses, and much more.
Listen to Global Head of Economics Stefan Hofrichter discuss his midyear global economic outlook, including his views on growth, inflation, productivity, labor shortages, supply issues, demographics, and more. Also: Stefan contextualizes his forecasts in terms of portfolio positioning and available opportunities in the current fluid environment.
Director, US Investment Strategist
Listen to US Investment Strategist Mona Mahajan discuss the outlook for inflation in the US, and its impact for investors going forward. Also: Fresh out of our inaugural US Sustainability Day, Mona talks about research she has been developing on climate and clean-energy opportunities, especially in light of President Biden’s proposed infrastructure plan.
Listen to Global Head of Sustainable and Impact Investing Matt Christensen discuss how the growing interest in Sustainability will reshape the investment landscape in surprising ways: From alignment of personal and investment views, to new ways to measuring impact, to technological innovation, and corporate disruption. Also: Matt will be a guest at our Sustainability Day event on May 12. You’re invited! Register here.
Listen to Head of Thematic Equity Andreas Fruschki discuss how investors can make an impact on addressing global water scarcity issues while positioning portfolios to benefit from attractive opportunities in the space. In an engaging conversation, Andreas examines water consumption patterns, climate change, supply disruptions, and what the private sector is doing to bring balance to the supply/demand gap of this precious resource.
Listen to Income and Growth senior portfolio manager Justin Kass discuss how a new $1.9 trillion round of stimulus, a steep rise in US long-term rates, and an ongoing debate about the future of inflation may impact financial assets, particularly US equities, high yield, and convertible bonds. Also: Justin talks about what’s next in the M&A arena and convertibles issuance.
Listen to Head of Macro Unconstrained Fixed Income Mike Riddell and Portfolio Manager Kacper Brzezniak discuss the outlook for global inflation in light of massive fiscal and monetary stimuli due to the Covid-19 pandemic. Mike and Kacper tackle many top-of-mind questions for investors today, including: Are long-term inflation expectations really about to change? Is inflation taking hold globally or being driven by specific countries? What impact will it have on yield curves and investors’ portfolios? And much more.
Listen to Senior Product Specialist Christian McCormick discuss how the latest developments in the economic, geopolitical, and pandemic fronts are impacting the outlook for Chinese equities in 2021. Also: Christian details a framework for investors to consider when deploying capital into Chinese equities, and provides alternatives on how to deploy that allocation in overall portfolios.
Listen to Head of Infrastructure Debt Investing in the Americas Paul David discuss the outlook for the asset class in 2021 in light of a new political environment in the US, and President Biden’s plans to increase spending in infrastructure. Also: How a new wave of technology investing can benefit infrastructure debt investors; the rollout of COVID-19 vaccines; spreads in the US and Latin America, and more.
US Investment Strategist
Listen to US Strategist Mona Mahajan discuss Allianz-cogroup’ outlook for 2021, including how key developments—such as the evolution of the COVID-19 pandemic, the vaccination process, and a new US President—are likely to shape market behavior and impact asset prices, trade negotiations, government spending, and much more. Also: How should you position your portfolio in light of all this?
Listen to lead portfolio manager Sebastian Thomas discuss how Artificial Intelligence has become a pervasive technology that is creating many potential investment opportunities for investors worldwide. Also: Sebastian reviews the many uses of AI in today’s world. Hint: It’s a lot more than you might think.
US Strategist
Listen to US Strategist Mona Mahajan and Head of Government and External Affairs Peter Lefkin (Allianz of America Corporation) discuss the aftermath of the US Presidential election, and what it means to the country’s political balance, the economy and financial markets. Also: What rising Covid-19 cases mean to investors, and what else is in store for investors under a Biden Presidency, including the future of infrastructure investing and potential changes in the tax code.
Listen to Taiwan Chief Investment Officer Weimin Chang discuss what’s behind Taiwan equities’ remarkable performance in 2020, the state of Covid-19 in Taiwan, political risk, and key drivers of growth. Also: Weimin reviews the state of the Taiwanese economy, discusses the evolution of technology, and the crucial role Taiwan plays in the global supply chain.
Listen to Head of Macro Unconstrained Fixed Income Mike Riddell and Portfolio Manager Kacper Brzezniak discuss how an unconstrained approach to assessing fixed-income opportunities could help investors navigate the current extremely low-yield environment. Mike and Kacper also address many other top-of-mind questions, including what’s the current role of sovereign debt, how to assess credit, the future of inflation, and the state of emerging-market debt.
Listen to senior portfolio manager Justin Kass discuss how the market for convertible bonds has experienced increased activity during the Covid-19 pandemic, and how that translates into new opportunities for investors. Also: Justin reviews the outlook for convertibles and discusses how investors can consider taking advantage of the asset class’ asymmetric risk/return profile.
Listen to Global Head of Fixed Income Product Specialists Georgios Costa Georgiou discuss how investors can find yield in global fixed-income markets today, especially at a time when economies and capital markets appear to be moving at very distinct paces, creating what Georgios calls a “multi-speed world.”
Listen to senior portfolio manager Walter Price discuss the outlook for technology stocks, the net impact of COVID-19 pandemic on the sector, and what key technology trends investors should be keeping a close eye on, including what’s next for 5G and cyber security.
Listen to Infrastructure Equity CIO Armin Sandhoevel discuss how climate risk affects portfolios today, what investors can do to manage it, and what impact it can have on credit and the banking system. Also: Armin reviews the state of the renewables market in times of COVID-19, discusses the outlook for the asset class, and shares his thoughts on how investors should think about “stranded assets.”
US Investment Strategist
Listen to US Investment Strategist Mona Mahajan discuss the outlook for global capital markets—including her views on what could be next for stocks after the dramatic market bounce since its late March lows. Mona also discusses fixed-income spreads, where investors can still find yield, and what risk factors could prompt a shift in investors’ risk-on sentiment.
Listen to portfolio manager Marcus Morris-Eyton discuss how the quicker-than-expected adoption of disruptive technologies due to the Covid-19 pandemic is changing the investment landscape for non-US stocks. Also: Get his take on the expected impact of the European Union latest fiscal stimulus plan on the economy and the stock market.
Listen to senior fixed-income portfolio manager Giulia Pellegrini discuss how ESG factors have become essential to assessing risk in emerging-market debt, a trend that’s only gaining momentum after the Covid-19 pandemic. And how aggregate ESG scores can be highly deceiving, especially in assessing governance in emerging markets.
In this episode, Robbie Miles, discusses how ESG stocks have performed during the current pandemic, what that means for investors and company boardrooms going forward, the effects of the shutdown on climate change, what’s next for renewable energy, the future of stock buybacks, and much more.
In this episode, Tim Friederich, Head of risklab, discusses how to manage risk – especially tail risk – in light of the many black swans we have experienced in the past few decades and, more specifically, the ongoing Covid-19 crisis. He covers drivers of risk, how and when to implement tail risk-management programs, Modern Portfolio Theory, and much more.
In this episode, John Mowrey, CIO of Value Equities, discusses what’s next for US small cap stocks after the severe dislocation caused by the Covid-19 pandemic. He covers valuations, dividend spreads, industries, and much more. And he explains how this time things are not different for small cap equities.
In this episode, Christian McCormick, Senior Product Specialist focused on China Equities, talks about what rising geopolitical tensions between the US and China mean to investing in China, the outlook for Chinese stocks, how China’s economy is opening up after Covid-19, and much more.
In this episode of The Investment Intelligence Podcast, David Newman, CIO Global High Yield, discusses the outlook for the high-yield market in times of pandemic, and explains how large spread differentials between “Fallen Angels” and comparably rated high-yield bonds translate into opportunities.
In our second episode of The Investment Intelligence Podcast, Kunal Ghosh, Chief Investment Officer Systematic Equities, reviews how economies in Asia, Eastern Europe, Russia and Latin America have responded to the global Covid-19 pandemic and discusses the implications for investment portfolios.
In our inaugural episode, Paul David, Head of Americas Infrastructure Debt, talks about the impact of the Covid-19 pandemic on credit markets, the outlook for liquidity, downgrades, and defaults, and where dislocations may create opportunities.
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