Allianz Smart Global Equity Active UCITS ETF Accum USD · LSE:AZGQ
Allianz Smart Global Equity Active UCITS ETF Accum USD — Allianz Global Investors — Q1 2025 Earnings Presentation
7 slides from Allianz Smart Global Equity Active UCITS ETF Accum USD's earnings presentation, Jan 9, 2025
Slide 1: Snapshot Q1 2025
Snapshot Q1 2025 This is a summary of our House View Q1 2025.
Slide 2: What's our outlook for Q1?
What’s our outlook for Q1? Prepare for the “Trump effect” with the return of Donald Trump to the US presidency. What US policies are in Higher government spending and reduced red tape could be positive for focus for markets? the US economy. We see a risk of growth reaccelerating and inflation A rise
Slide 3: What's our regional outlook?
What’s our regional outlook? US: growth boosted Europe: subdued outlook Asia: stimulus incoming Higher spending and tax cuts should We think another year of anemic growth China’s economy continues to slow, and provide a fillip to the US economy. beckons in the euro zone. Some relief we think the gov
Slide 4: Where do we see value?
Where do we see value? Several equity markets may present opportunities, End of November 2024 while more sovereign bonds are close to value. Undervalued • Many assets appear richly valued by historical standards. But we think select opportunities can be found as the • Many assets are relatively pric
Slide 5: Where are the potential investment opportunities?
Where are the potential investment opportunities? Equities Fixed Income Multi Asset • Seek strategies to absorb volatility • Favour European bond markets • The S&P 500 is still our favoured – multi-factor investing could help to over the US – weaker European equity market – but an uncertain manage a
Slide 6: Discover more insights
Discover Our latest House View • House View Q1 2025 (full version) more insights Other recent insights • Outlook 2025 • Donald Trump poised for White House return • What could tariffs mean for trade finance? • French government changes: market factors to watch 6
Slide 7: Disclaimer
Disclaimer Investing involves risk. The value of an investment and the income from it will fluctuate and investors may not get back the principal invested. Past performance is not indicative of future performance. This is a marketing communication. It is for informational purposes only. This documen
Allianz Global Investors — Q1 2025 Earnings Presentation on 6ix