19 Years of Industry Experience |
New York, New York
Ms. Mahajan is the US investment strategist and a director with Allianz Global Investors, which she joined in 2017. As a member of the Global Economics and Strategy team, she is responsible for providing US retail and institutional clients with differentiated investment thought leadership. Ms. Mahajan is also a key spokesperson, communicating – both internally and externally – the firm’s high-conviction investment ideas and views from the Global Policy Council. Ms. Mahajan was previously a fixed-income portfolio manager, a structured-finance product specialist and a global market strategist at MetLife. Prior to this, she was an emerging-market strategist at Mirae Asset Global Investments; she also worked at hedge fund companies Para Advisors and Ziff Brothers Investments. Ms. Mahajan has a B.S. in economics from The Wharton School, The University of Pennsylvania; a B.A.Sc. in computer sciences from the University of Pennsylvania; and an M.B.A. from Harvard Business School.
Less than 24 hours after the Fed made its first rate cut in 11 years, President Trump announced the US would be imposing fresh 10% tariffs on the remaining $300 billion of Chinese goods. The sudden escalation in the trade war once again caught markets off guard and added uncertainty to the global and US outlooks.
With the Fed signaling openness to lowering rates following its June meeting, US Strategist Mona Mahajan explores what an easing cycle could mean for risk assets. Data from the past eight Fed rate-cutting cycles – from 1981 to 2007 – suggest that where we are in the US economic cycle may dictate how risk assets respond to the next round of Fed easing.
As a companion piece to Neil Dwane’s global mid-year outlook, Mona Mahajan turns a spotlight on the US, where trade tensions and politics are weighing on markets. Given the increased uncertainty about the second half of the year, investors should stay active, defensive and diversified.