Participating in 9,532 (2018: 8,535) shareholder meetings over the course of 2019, AllianzGI voted against, withheld or abstained from at least one agenda item at 77% (2018: 75%) of all meetings globally. It opposed 24% (2018: 24%) of all resolutions globally.
This Chinese New Year, more than a billion people globally will celebrate the Year of the Rat. We believe investors everywhere can also find reason to celebrate China as a source of continued economic growth.
In our view, the backdrop remains benign for risk assets, with low growth, rates and inflation – a mild goldilocks in many ways – which can support modest upside in 2020. We highlight three themes for investors to watch next year.
Allianz Global Investors manages a range of sustainable investing funds. We started this journey 20 years ago with a belief that sustainable investing can generate positive performance not just for our clients, but for the community at large.
In 2020, we expect markets to pivot between embracing and avoiding risk as they process muted economic growth, low rates and heightened political uncertainty. Consider managing risk actively rather than accepting volatile index returns, and think beyond the benchmark by investing sustainably and adopting thematic approaches.
ESG factors have historically been more commonly associated with equity investments. But the past year has seen a significant change with fixed-income investors pushing for ESG factors to be appropriately and demonstrably integrated into investment analysis and risk decisions.
125 years after its foundation, our Parent company Allianz SE is one of the world's strongest financial communities with 82 million clients in 70 countries. The Group - including Allianz Global Investors - is one of the key global players in asset management.