Disruptive investments

<!DOCTYPE html>   <html class="no-js" lang="en">  <head> <title>Disruptive investments | AllianzGI</title>  <meta http-equiv="X-UA-Compatible" content="IE=edge,chrome=1" /> <meta charset="utf-8" /> <meta name="viewport" content="width=device-width, initial-scale=1.0" /> <meta name="msapplication-config" content="none" /> <meta http-equiv="content-language" content="en" /> <meta name="language" content="en" /> <meta name="title" content="Disruptive investments | AllianzGI" /> <meta name="description" content="Embrace disruption in your investment portfolios with Allianz Global Investors. Learn more about disruptive investing and innovation." /> <meta name="keywords" content="Disruptive investing, investable themes, Allianz Global Investors, Disruptive investment, Disruptive technologies, megatrends, thematic investing, investing in disruptive technologies, active investing in the age of disruption" /> <meta name="robots" content="follow, index" /> <meta property="og:title" content="Disruptive investments | AllianzGI" /> <meta property="og:description" content="Embrace disruption in your investment portfolios with Allianz Global Investors. Learn more about disruptive investing and innovation." /> <meta name="twitter:card" content="summary_large_image" /> <script type="application/ld+json"> {"@context":"https://schema.org","@type":"WebPage","name":"Disruptive investments | AllianzGI","description":"Embrace disruption in your investment portfolios with Allianz Global Investors. Learn more about disruptive investing and innovation.","url":"https://www.allianzgi.com/en/investable-themes/disruption","inLanguage":"en","isPartOf":{"@type":"WebSite","name":"allianzgiglobal","url":"https://www.allianzgi.com","inLanguage":"en","publisher":{"@type":"Organization","name":"Allianz Global Investors","image":{"@type":"ImageObject","url":"https://www.allianzgi.com/-/media/allianzgi/shared/logo/logo-allianz.svg?rev=397001da0f574dbdbf895f1116c12f9c\u0026sc_lang=en\u0026hash=72B9E3A9EAFC8380E49E8FDE04153446","inLanguage":"en","contentUrl":"https://www.allianzgi.com/-/media/allianzgi/shared/logo/logo-allianz.svg?rev=397001da0f574dbdbf895f1116c12f9c\u0026sc_lang=en\u0026hash=72B9E3A9EAFC8380E49E8FDE04153446"},"url":"https://www.allianzgi.com","logo":{"@type":"ImageObject","url":"https://www.allianzgi.com/-/media/allianzgi/shared/logo/logo-allianz.svg?rev=397001da0f574dbdbf895f1116c12f9c\u0026sc_lang=en\u0026hash=72B9E3A9EAFC8380E49E8FDE04153446","inLanguage":"en","contentUrl":"https://www.allianzgi.com/-/media/allianzgi/shared/logo/logo-allianz.svg?rev=397001da0f574dbdbf895f1116c12f9c\u0026sc_lang=en\u0026hash=72B9E3A9EAFC8380E49E8FDE04153446"}}}} </script> <link rel="canonical" href="https://www.allianzgi.com/en/investable-themes/disruption" />  <script src="https://cdn.cookielaw.org/scripttemplates/otSDKStub.js" type="text/javascript" charset="UTF-8" data-domain-script="91cea7ab-2808-4983-a938-d316d604e794" data-document-language="true"></script>  <link rel="stylesheet" href="/assets/css/style.css?v=b6a87c493d8cbb0bee542029e02e0a23" /> <link rel="preload" href="/assets/fonts/allianz-neo/AllianzNeo-Light.woff2" as="font" type="font/woff2" crossorigin /> <link rel="preload" href="/assets/fonts/allianz-neo/AllianzNeo-LightItalic.woff2" as="font" type="font/woff2" crossorigin /> <link rel="preload" href="/assets/fonts/allianz-neo/AllianzNeo-Regular.woff2" as="font" type="font/woff2" crossorigin /> <link rel="preload" href="/assets/fonts/allianz-neo/AllianzNeo-Italic.woff2" as="font" type="font/woff2" crossorigin /> <link rel="preload" href="/assets/fonts/allianz-neo/AllianzNeo-SemiBold.woff2" as="font" type="font/woff2" crossorigin /> <link rel="preload" href="/assets/fonts/allianz-neo/AllianzNeo-SemiBoldItalic.woff2" as="font" type="font/woff2" crossorigin /> <link rel="preload" href="/assets/fonts/allianz-neo/AllianzNeo-Bold.woff2" as="font" type="font/woff2" crossorigin /> <link rel="preload" href="/assets/fonts/allianz-neo/AllianzNeo-BoldItalic.woff2" as="font" type="font/woff2" crossorigin /> <link rel="preload" href="/assets/fonts/patternlab-icons/PatternLab-Iconv2.woff2" as="font" type="font/woff2" crossorigin /> <link rel="apple-touch-icon" href="/-/media/allianzgi/shared/mobile-site-icon-eng.png?rev=f166a99e88d7441783365aa0946f8a13&sc_lang=en&hash=7995F4C16ACF676A1CB3BD1AB798735F" /> <link rel="apple-touch-icon" href="/-/media/allianzgi/shared/mobile-site-icon-eng.png?rev=f166a99e88d7441783365aa0946f8a13&sc_lang=en&hash=7995F4C16ACF676A1CB3BD1AB798735F" sizes="152x152" /> <link rel="shortcut icon" href="/favicon.png" /> </head> <body class=" loading optanon-alert-box-opened" data-source="{E1E4443C-BEE9-40F2-A7BD-A81C951C7FA2}" data-sitecoretrackingcategory="2"> <input type="hidden" value="" id="autosearch-min-length" />  <div class="c-header-spacer" data-component="Primary-Navigation"> <header id="agi-main-header" class="c-header agi-geotarget " data-setdisclaimer="False" data-disclaimervalidity="30" data-foldername="" data-navlockmsg="Please log in to use this functionality."> <div class="c-header-metabar"> <div class="c-header-metabar__content c-header__wrapper"> <div class="c-header-metabar__links"> <a class="c-link c-link--icon c-link--inline c-link--external c-header-metabar__external-link" href="https://careers.allianz.com/go/Allianz-Global-Investors/5123901/" target="_blank" title="Careers" data-track="topNavigation" aria-label="Careers"> <span aria-hidden="true" class="c-link__icon c-icon c-icon--launch"></span> <span class="c-link__text">Careers</span> </a> <a class="c-link c-link--icon c-link--inline c-link--external c-header-metabar__external-link" href="/en/our-firm/our-offices" target="" title="Contact Us" data-track="topNavigation" aria-label="Contact Us"> <span aria-hidden="true" class="c-link__icon c-icon c-icon--launch"></span> <span class="c-link__text">Contact Us</span> </a> </div>   <div class="select-role-country" data-url="/api/sitecore/generalcontent/getcountryandroleselector" data-method="post" data-currentcountry="GLOBAL" data-currentrole="" data-selectyourroletext="Select your role"> <div class="c-header-dropdown c-header-dropdown--role-select c-navigation__accordion js-navigation-mobile" data-toggle-switcher="dropdown"> <button class="c-header-dropdown__toggle" aria-haspopup="true" aria-expanded="false" aria-describedby="headerRoleSelect" data-trigger-switcher="dropdown" aria-label="Header Country Selector"> Global <i class="c-icon c-icon--chevron-down c-header-dropdown__icon"></i> </button> <ul class="c-header-dropdown__menu c-accordion c-accordion--level-0" role="menu" aria-hidden="true" data-items-switcher="dropdown" id="headerRoleSelect"> <li role="menuitem" class="c-accordion__item c-accordion__item--level-0"> <span class="c-accordion__button js-main-navigation-link-mobile"> <a id="nav1" class="c-accordion__title js-main-navigation-link-mobile"> Global </a> <span aria-hidden="true" class="c-icon c-icon--chevron-down c-icon--functional c-accordion__indicator"></span> </span> <div class="c-accordion__item c-accordion__item--level-1 c-accordion__item--box"> <div data-parent-id="nav1" class="accordion__content"> <div class="u-text-align-center"> <h3 class="c-heading c-role-select__headline" role="heading"> Select your location and role </h3> </div> <div class="c-select2 u-margin-bottom-s" id="headerCountrySelect" data-value="GLOBAL"> <div class="c-select2__selection" aria-controls="headerCountrySelectMenu" aria-expanded="false" aria-labelledby="headerCountrySelectLabel" role="combobox" tabindex="0" aria-haspopup="listbox" aria-activedescendant> <label id="headerCountrySelectLabel" class="c-select2__label">Select your location</label> <div class="c-select2__selection__rendered"></div> <span class="c-select2__chevron c-icon c-icon--chevron-down"></span> </div> <div id="headerCountrySelectMenu" class="c-select2__dropdown"> <div class="c-select2__dropdown__label">Select your location</div> <div class="c-select2-results"> <ul class="c-select2-results__options" id="select-country-dropdown" tabindex="-1" role="listbox" aria-labelledby="headerCountrySelectLabel"></ul> </div> </div> </div> <div class="u-text-align-center u-margin-top-3m"> <button class="c-button c-button--mobile-medium u-margin-bottom-none" data-track="roleCountrySelection" aria-label="OK"> OK </button> </div> </div> </div> </li> </ul> </div> </div> </div> </div> <div class="c-three-level-navigation js-three-level-nav"> <div class="c-navigation"> <div class="c-navigation--extended js-nav-extended search-wrapper"> <div class="c-navigation__bar c-header__wrapper js-header__wrapper"> <a href="https://www.allianzgi.com/en/" class="c-header__logo js-header__logo" > <img src="/-/media/allianzgi/shared/logo/logo-allianz.svg?rev=397001da0f574dbdbf895f1116c12f9c&sc_lang=en&hash=72B9E3A9EAFC8380E49E8FDE04153446" alt="Allianz Global Investors Home Page"> </a> <nav class="c-main-navbar js-main-navbar" role="menubar"> <ul role="menu" class="c-main-navbar__list"> <li role="menuitem" tabindex="0" class="c-main-navbar__item"> <a id="nav1" aria-expanded="false" aria-haspopup="true" aria-label="Our firm" class="c-main-navbar__link js-main-navigation-link " data-track="topNavigation" data-track-info='{"navigationElement":"Our firm"}'> <span class="c-main-navbar__title"> Our firm</span> </a> </li> <li role="menuitem" tabindex="0" class="c-main-navbar__item"> <a id="nav2" aria-expanded="false" aria-haspopup="true" aria-label="Insights" class="c-main-navbar__link js-main-navigation-link " data-track="topNavigation" data-track-info='{"navigationElement":"Insights"}'> <span class="c-main-navbar__title"> Insights</span> </a> </li> <li role="menuitem" tabindex="0" class="c-main-navbar__item"> <a id="nav3" aria-expanded="false" aria-haspopup="true" aria-label="Capabilities" class="c-main-navbar__link js-main-navigation-link " data-track="topNavigation" data-track-info='{"navigationElement":"Capabilities"}'> <span class="c-main-navbar__title"> Capabilities</span> </a> </li> <li role="menuitem" tabindex="0" class="c-main-navbar__item"> <a id="nav4" aria-expanded="false" aria-haspopup="true" aria-label="Sustainability" class="c-main-navbar__link js-main-navigation-link " data-track="topNavigation" data-track-info='{"navigationElement":"Sustainability"}'> <span class="c-main-navbar__title"> Sustainability</span> </a> </li> <li role="menuitem" tabindex="0" class="c-main-navbar__item"> <a id="nav5" aria-expanded="false" aria-haspopup="true" aria-label="Press centre" class="c-main-navbar__link js-main-navigation-link " data-track="topNavigation" data-track-info='{"navigationElement":"Press centre"}'> <span class="c-main-navbar__title"> Press centre</span> </a> </li> </ul> </nav> <div class="js-search c-js-search" data-method="get" data-initial="3" data-highlights="3" data-insights="2" data-products="2" data-name="globalSearchForm" data-url="/api/sitecore/SearchFeature/GetAGIAutosuggestions" data-action="/en/search-results" data-component="global-search-box"> <div class="c-navigation__search"> <div class="c-search t-bg-white"> <button class="c-link c-link--block c-searchbar__opener js-search-opener" href="#" aria-label="Search"> <span aria-hidden="true" class="c-link__icon c-icon c-icon--search c-icon--functional c-searchbar__search-icon"></span> <span class="c-link__text">Search</span> </button> </div> </div> <div class="c-flyout c-flyout--search-bar js-flyout--search-bar"> <div class="c-searchbar js-searchbar c-searchbar--hidden"> <div class="c-searchbar__form" data-searchcategory="3"> <div class="c-searchbar__icon"> <i aria-hidden="true" class="c-icon c-icon--search c-searchbar__search-icon"></i> </div> <div class="c-searchbar__input-holder"> <input id="global-search-header" type="text" placeholder="Type your search here" class="c-searchbar__input js-searchbar__input" /> <label for="global-search-header" class="u-hidden">Type your search here</label> </div> <div class="c-searchbar__actions"> <button class="c-button c-button c-searchbar__button js-searchbar__search-button u-hidden-medium-down"> Search </button> <button class="c-button c-button c-button--secondary c-searchbar__button js-searchbar__cancel-button u-hidden-medium-down"> Cancel </button> </div> </div> </div> </div> </div>  <script id="search-recent-result--template" type="text/x-handlebars-template"> <div class="c-search__suggestions-title">Previous Searches</div> <div class="c-search__suggestions-content"> <ul class="c-search__suggestions-list"> {{#each res}} <li class="c-search__suggestions-item"> <a href="#" class="c-search__suggestions-link">{{{this}}}</a> </li> {{/each}} </ul> </div> </script> <script id="search-result-suggested-template" type="text/x-handlebars-template"> {{#if Suggestions.length}} <div class="c-search__suggestions-title">Suggested</div> <div class="c-search__suggestions-content"> <ul class="c-search__suggestions-list"> {{#each Suggestions}} {{#each Title}} <li class="c-search__suggestions-item"> <a href="#" class="c-search__suggestions-link">{{{this}}}</a> </li> {{/each}} {{/each}} </ul> </div> {{/if}} </script> <script id="search-result-highlights-template" type="text/x-handlebars-template"> {{#if Highlights.length}} <div class="c-search__suggestions-title">Highlights</div> <div class="c-search__suggestions-content"> <ul class="c-search__suggestions-list"> {{#each Highlights}} {{#each Title}} <li class="c-search__suggestions-item"> <a href="#" class="c-search__suggestions-link">{{{this}}}</a> </li> {{/each}} {{/each}} </ul> </div> {{/if}} </script> <script id="search-result-tiles-template" type="text/x-handlebars-template"> {{#each RelatedInsights}} <div class="c-agi-tile c-agi-tile--compact t-bg-vibrant-steel-lightest {{#unless @last}}u-margin-bottom-2m{{/unless}}"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags">{{ResultCategory}}</p> {{#if TitleHighlight}} <h4 class="c-heading c-agi-tile__headline c-heading--link-black"> <a href="{{PageURL}}" class="c-heading__link"> {{{TitleHighlight}}} </a> </h4> {{else}} <h4 class="c-heading c-agi-tile__headline c-heading--link-black"> <a href="{{PageURL}}" class="c-heading__link"> {{{Title}}} </a> </h4> {{/if}} <a class="c-link c-link--block c-link--icon" href="{{PageURL}}" aria-label="Discover more"> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Discover more</span> </a> </div> <div class="c-agi-tile__footer"> <div class="c-agi-tile__footer-content"></div> </div> </div> </div> {{/each}} </script> <script id="search-result-recent-search-template" type="text/x-handlebars-template"> <div class='previous-search'>{{this}}</div> </script>  </div> <div class="c-flyout c-flyout--search-result"> <div class="c-search t-bg-white"> <div class="c-search__suggestions l-container js-search__suggestions c-search__suggestions--hidden"> <div class="l-grid l-grid-full-width"> <div class="l-grid__row"> <div class="l-grid__column-large-7 u-flex left-column"> <div class="suggested-container"> </div> <div class="highlights-container u-margin-top-2m"> </div> </div> <div class="l-grid__column-large-5"> <div class="c-search__suggestions-tiles tile-suggested-container"> </div> </div> </div> </div> </div> </div> </div> </div> <div class="c-navigation--compact c-js-search">  <div class="c-mobilebar"> <a href="https://www.allianzgi.com/en/" class="c-mobilebar__logo" > <img src="/-/media/allianzgi/shared/logo/logo-allianz.svg?rev=397001da0f574dbdbf895f1116c12f9c&sc_lang=en&hash=72B9E3A9EAFC8380E49E8FDE04153446" alt="Allianz Global Investors Home Page"> </a>  <div class="c-mobilebar__action"> <div class="c-search t-bg-white" data-method="get" data-initial="0" data-highlights="0" data-insights="0" data-products="0" data-name="globalSearchForm" data-url="/api/sitecore/SearchFeature/GetAGIAutosuggestions" data-action="/en/search-results"> <button class="c-link c-link--block c-searchbar__opener js-search-opener" href="#" aria-label="Search"> <span aria-hidden="true" class="c-link__icon c-icon c-icon--search c-icon--functional c-searchbar__search-icon"></span> <span class="c-link__text">Search</span> </button> </div> <div class="c-flyout c-flyout--search-result"> <div class="c-search t-bg-white"> <div class="c-search__suggestions l-container js-search__suggestions c-search__suggestions--hidden"> <div class="l-grid l-grid-full-width"> <div class="l-grid__row"> <div class="l-grid__column-large-7 u-flex left-column"> <div class="suggested-container"> </div> <div class="highlights-container u-margin-top-2m"> </div> </div> <div class="l-grid__column-large-5"> <div class="c-search__suggestions-tiles tile-suggested-container"> </div> </div> </div> </div> </div> </div> </div> </div>  <div class="c-mobilebar__action"> <a href="#" class="c-mobilebar__action c-mobilebar__open js-opener-link-mobile"> <i aria-hidden="true" class="c-icon c-icon--bars c-icon--functional"></i> <span class="u-hidden">Menu</span> </a> </div> </div>  <div class="c-flyout c-flyout--search-bar"> <div class="c-searchbar js-searchbar c-searchbar--hidden"> <div class="c-searchbar__form"> <div class="c-searchbar__icon"> <i aria-hidden="true" class="c-icon c-icon--search c-searchbar__search-icon"></i> </div> <div class="c-searchbar__input-holder"> <input type="text" id="global-search-header-mobile-2" placeholder="" class="c-searchbar__input js-searchbar__input"> <label for="global-search-header-mobile-2" class="u-hidden">Search</label> </div> <a class="c-link c-link--block c-searchbar__link--mobile js-searchbar__clear-button c-link--icon" href='#' aria-label="Clear All"> <span aria-hidden="true" class="c-link__icon c-icon c-icon--close"></span> <span class="c-link__text"> </span> </a> <div class="c-searchbar__actions"> <button class="c-button c-button--small c-searchbar__button--mobile js-searchbar__search-button u-hidden-large-up"> Go </button> </div> </div> </div> </div> </div> <div class="c-flyout c-flyout--sub-navigation js-flyout--sub-navigation"> <div data-parent-id="nav1" class="c-navcontent js-sub-navigation u-hidden-medium-down" style="display: none;"> <div class="l-grid l-grid--max-width "> <div class="l-grid__row"> <div class="l-grid__column-3"> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm" target="" title="Our firm" aria-expanded="false" aria-label="Our firm" data-track="topNavigation" data-track-info='{"navigationElement":"Our firm"}'> Our firm </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm/what-we-do" target="" title="What we do" aria-expanded="false" aria-label="What we do" data-track="topNavigation" data-track-info='{"navigationElement":"What we do"}'> What we do </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm/our-history" target="" title="Our history" aria-expanded="false" aria-label="Our history" data-track="topNavigation" data-track-info='{"navigationElement":"Our history"}'> Our history </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm/our-culture" target="" title="Our culture" aria-expanded="false" aria-label="Our culture" data-track="topNavigation" data-track-info='{"navigationElement":"Our culture"}'> Our culture </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm/inclusion-diversity" target="" title="Diversity, equity & inclusion" aria-expanded="false" aria-label="Diversity, equity & inclusion" data-track="topNavigation" data-track-info='{"navigationElement":"Diversity, equity & inclusion"}'> Diversity, equity & inclusion </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm/corporate-responsibility" target="" title="Corporate responsibility" aria-expanded="false" aria-label="Corporate responsibility" data-track="topNavigation" data-track-info='{"navigationElement":"Corporate responsibility"}'> Corporate responsibility </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm/art-on-climate" target="" title="Art on climate" aria-expanded="false" aria-label="Art on climate" data-track="topNavigation" data-track-info='{"navigationElement":"Art on climate"}'> Art on climate </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm/sponsorships-partnerships" target="" title="Sponsorships & Partnerships" aria-expanded="false" aria-label="Sponsorships & Partnerships" data-track="topNavigation" data-track-info='{"navigationElement":"Sponsorships & Partnerships"}'> Sponsorships & Partnerships </a> </li> </ul> </nav> </div> <div class="l-grid__column-3"> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> <li role="menuitem" class="c-navcontent__list-item"><h3 class="c-navcontent__headline" title="People and places">People and places</h3></li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm/leadership" target="" title="Our leadership team" aria-expanded="false" aria-label="Our leadership team" data-track="topNavigation" data-track-info='{"navigationElement":"Our leadership team"}'> Our leadership team </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm/our-offices" target="" title="Our offices" aria-expanded="false" aria-label="Our offices" data-track="topNavigation" data-track-info='{"navigationElement":"Our offices"}'> Our offices </a> </li> </ul> <a aria-expanded="false" aria-label="View All" href="/en/our-firm" title="View All" class="c-link"> View All </a> </nav> </div> <div class="l-grid__column-6"> <div class="l-grid__row"> <div class="nav-teaser-container l-grid__column-large-6 u-align-items-stretch"> <div class="c-agi-teaser u-margin-bottom-m" data-track-info='{"event":"promoSection","interaction":"impression","bannerName":"Sponsorships and Partnerships","bannerPosition":"1"}'> <a href="/en/our-firm/sponsorships-partnerships" title="" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"Sponsorships and Partnerships","bannerPosition":"1"}' target=""> <div class="c-agi-teaser__image"> <figure class="c-image u-hidden-medium-down c-image--1dot8by1"> <img class="c-image__img" src="/-/media/allianzgi/shared/our-firm-redesign/sponsorships-partnerships/1920x980-sponsorship-hero.jpg?w=564&rev=54d8a822278341389368955063df9122&hash=FF788A4D0693F473494628BD6680D14F" loading="lazy" alt="Sponsorship"> </figure> </div> </a> <div class="c-agi-teaser__content"> <div class="c-agi-tile c-agi-tile--compact t-bg-vibrant-yellow-light"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <h6 class="c-heading c-agi-tile__headline c-heading--link-black"> <a href="/en/our-firm/sponsorships-partnerships" title="Sponsorships and Partnerships" target="" class="c-heading__link" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"Sponsorships and Partnerships","bannerPosition":"1"}'> Sponsorships and Partnerships </a> </h6> <p class="c-copy c-agi-tile__text"> Great things happen when we work together, especially with a common goal. </p> <a class="c-link c-link--block c-link--icon" href="/en/our-firm/sponsorships-partnerships" aria-label="Learn more" target="" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"Sponsorships and Partnerships","bannerPosition":"1"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-agi-tile__footer"> </div> </div> </div> </div> </div> </div> <div class="nav-teaser-container l-grid__column-large-6 u-align-items-stretch"> <div class="c-agi-teaser u-margin-bottom-m" data-track-info='{"event":"promoSection","interaction":"impression","bannerName":"“Art on Climate” International Illustration Competition","bannerPosition":"2"}'> <a href="/en/our-firm/art-on-climate" title="" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"“Art on Climate” International Illustration Competition","bannerPosition":"2"}' target=""> <div class="c-agi-teaser__image"> <figure class="c-image u-hidden-medium-down c-image--1dot8by1"> <img class="c-image__img" src="/-/media/allianzgi/shared/2021-art-on-climate-ap/homebanner-thumbnail.png?w=564&rev=46fdb1c26c5246a5b82a4b1d7e124acc&hash=215B9B31388ABC8F7347A041729AF268" loading="lazy" alt=""> </figure> </div> </a> <div class="c-agi-teaser__content"> <div class="c-agi-tile c-agi-tile--compact t-bg-vibrant-yellow-light"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <h6 class="c-heading c-agi-tile__headline c-heading--link-black"> <a href="/en/our-firm/art-on-climate" title="“Art on Climate” International Illustration Competition" target="" class="c-heading__link" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"“Art on Climate” International Illustration Competition","bannerPosition":"2"}'> “Art on Climate” International Illustration Competition </a> </h6> <p class="c-copy c-agi-tile__text"> Join us at the virtual exhibition to view the list of awardees and their winning pieces. </p> <a class="c-link c-link--block c-link--icon" href="/en/our-firm/art-on-climate" aria-label="Read more" target="" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"“Art on Climate” International Illustration Competition","bannerPosition":"2"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Read more</span> </a> </div> <div class="c-agi-tile__footer"> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div>  <nav class="c-navigation__accordion js-navigation-mobile" style="display: none;" data-test="1"> <ul role="menu" class="c-accordion c-accordion--level-0"> <li role="menuitem" class="c-accordion__item c-accordion__item--level-0"> <a id="nav1" href="#" target="" class="c-accordion__button js-main-navigation-link-mobile " data-track="topNavigation"> <span class="c-accordion__title"> Our firm </span> <span aria-hidden="true" class="c-icon c-icon--chevron-down c-icon--functional c-accordion__indicator"></span> </a> <div class="c-accordion__item c-accordion__item--level-1"> <div data-parent-id="nav1" class="accordion__content t-bg-grey-tone-8 js-sub-navigation-mobile" style="display: none;"> <div> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm" target="" title="Our firm" aria-expanded="false" aria-label="Our firm" data-track="topNavigation" data-track-info='{"navigationElement":"Our firm"}'> Our firm </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm/what-we-do" target="" title="What we do" aria-expanded="false" aria-label="What we do" data-track="topNavigation" data-track-info='{"navigationElement":"What we do"}'> What we do </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm/our-history" target="" title="Our history" aria-expanded="false" aria-label="Our history" data-track="topNavigation" data-track-info='{"navigationElement":"Our history"}'> Our history </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm/our-culture" target="" title="Our culture" aria-expanded="false" aria-label="Our culture" data-track="topNavigation" data-track-info='{"navigationElement":"Our culture"}'> Our culture </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm/inclusion-diversity" target="" title="Diversity, equity & inclusion" aria-expanded="false" aria-label="Diversity, equity & inclusion" data-track="topNavigation" data-track-info='{"navigationElement":"Diversity, equity & inclusion"}'> Diversity, equity & inclusion </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm/corporate-responsibility" target="" title="Corporate responsibility" aria-expanded="false" aria-label="Corporate responsibility" data-track="topNavigation" data-track-info='{"navigationElement":"Corporate responsibility"}'> Corporate responsibility </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm/art-on-climate" target="" title="Art on climate" aria-expanded="false" aria-label="Art on climate" data-track="topNavigation" data-track-info='{"navigationElement":"Art on climate"}'> Art on climate </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm/sponsorships-partnerships" target="" title="Sponsorships & Partnerships" aria-expanded="false" aria-label="Sponsorships & Partnerships" data-track="topNavigation" data-track-info='{"navigationElement":"Sponsorships & Partnerships"}'> Sponsorships & Partnerships </a> </li> </ul> </nav> </div> <div> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> <li role="menuitem" class="c-navcontent__list-item"><h3 class="c-navcontent__headline" title="People and places">People and places</h3></li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm/leadership" target="" title="Our leadership team" aria-expanded="false" aria-label="Our leadership team" data-track="topNavigation" data-track-info='{"navigationElement":"Our leadership team"}'> Our leadership team </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/our-firm/our-offices" target="" title="Our offices" aria-expanded="false" aria-label="Our offices" data-track="topNavigation" data-track-info='{"navigationElement":"Our offices"}'> Our offices </a> </li> </ul> <a aria-expanded="false" aria-label="View All" href="/en/our-firm" title="View All" class="c-link"> View All </a> </nav> </div> </div> </div> </li> </ul> </nav> <div data-parent-id="nav2" class="c-navcontent js-sub-navigation u-hidden-medium-down" style="display: none;"> <div class="l-grid l-grid--max-width "> <div class="l-grid__row"> <div class="l-grid__column-3"> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/insights" target="" title="Insights" aria-expanded="false" aria-label="Insights" data-track="topNavigation" data-track-info='{"navigationElement":"Insights"}'> Insights </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/insights/allianz-global-investors-academy" target="" title="Allianz Global Investors Academy" aria-expanded="false" aria-label="Allianz Global Investors Academy" data-track="topNavigation" data-track-info='{"navigationElement":"Allianz Global Investors Academy"}'> Allianz Global Investors Academy </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/insights/outlook-and-commentary" target="" title="Outlook & commentary " aria-expanded="false" aria-label="Outlook & commentary " data-track="topNavigation" data-track-info='{"navigationElement":"Outlook & commentary "}'> Outlook & commentary </a> </li> <li role="menuitem" class="c-navcontent__list-item"><h3 class="c-navcontent__headline" title="Our blogs">Our blogs</h3></li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/insights/sustainability-blog" target="" title="Sustainability Now" aria-expanded="false" aria-label="Sustainability Now" data-track="topNavigation" data-track-info='{"navigationElement":"Sustainability Now"}'> Sustainability Now </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/insights/the-china-briefing" target="" title="The China Briefing" aria-expanded="false" aria-label="The China Briefing" data-track="topNavigation" data-track-info='{"navigationElement":"The China Briefing"}'> The China Briefing </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/insights/two-minute-tech" target="" title="Two-Minute Tech" aria-expanded="false" aria-label="Two-Minute Tech" data-track="topNavigation" data-track-info='{"navigationElement":"Two-Minute Tech"}'> Two-Minute Tech </a> </li> </ul> </nav> </div> <div class="l-grid__column-3"> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/investable-themes" target="" title="Investable Themes" aria-expanded="false" aria-label="Investable Themes" data-track="topNavigation" data-track-info='{"navigationElement":"Investable Themes"}'> Investable Themes </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/investable-themes/rates" target="" title="Navigating Rates" aria-expanded="false" aria-label="Navigating Rates" data-track="topNavigation" data-track-info='{"navigationElement":"Navigating Rates"}'> Navigating Rates </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/investable-themes/disruption" target="" title="Embracing Disruption" aria-expanded="false" aria-label="Embracing Disruption" data-track="topNavigation" data-track-info='{"navigationElement":"Embracing Disruption"}'> Embracing Disruption </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/investable-themes/sustainability" target="" title="Achieving Sustainability" aria-expanded="false" aria-label="Achieving Sustainability" data-track="topNavigation" data-track-info='{"navigationElement":"Achieving Sustainability"}'> Achieving Sustainability </a> </li> </ul> <a aria-expanded="false" aria-label="View All Insights" href="/en/insights" title="View All Insights" class="c-link"> View All Insights </a> </nav> </div> <div class="l-grid__column-6"> <div class="l-grid__row"> <div class="nav-teaser-container l-grid__column-large-6 u-align-items-stretch"> <div class="c-agi-teaser u-margin-bottom-m" data-track-info='{"event":"promoSection","interaction":"impression","bannerName":"Disruption. Change multiplies opportunity","bannerPosition":"1"}'> <a href="/en/investable-themes/disruption" title="" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"Disruption. Change multiplies opportunity","bannerPosition":"1"}' target=""> <div class="c-agi-teaser__image"> <figure class="c-image u-hidden-medium-down c-image--1dot8by1"> <img class="c-image__img" src="/-/media/allianzgi/redesign/teasers/allianz-giobal-investors-global-disruption-564x317.jpg?w=564&rev=d5930acbe2224398bd6d1237dc9adc31&hash=26E6A5CDA93DEDA84523F63557497D61" loading="lazy" alt="a mirrored image of a aeronautical engine"> </figure> </div> </a> <div class="c-agi-teaser__content"> <div class="c-agi-tile c-agi-tile--compact t-bg-vibrant-yellow-light"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <h6 class="c-heading c-agi-tile__headline c-heading--link-black"> <a href="/en/investable-themes/disruption" title="Disruption. Change multiplies opportunity" target="" class="c-heading__link" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"Disruption. Change multiplies opportunity","bannerPosition":"1"}'> Disruption. Change multiplies opportunity </a> </h6> <p class="c-copy c-agi-tile__text"> Disruption is all around us. From new technologies to shifting trade patterns, the status quo is being challenged. Embrace disruption to seize the moment. </p> <a class="c-link c-link--block c-link--icon" href="/en/investable-themes/disruption" aria-label="READ MORE" target="" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"Disruption. Change multiplies opportunity","bannerPosition":"1"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">READ MORE</span> </a> </div> <div class="c-agi-tile__footer"> </div> </div> </div> </div> </div> </div> <div class="nav-teaser-container l-grid__column-large-6 u-align-items-stretch"> <div class="c-agi-teaser u-margin-bottom-m" data-track-info='{"event":"promoSection","interaction":"impression","bannerName":"Don’t downsize your dreams.","bannerPosition":"2"}'> <a href="/en/investable-themes/rates" title="" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"Don’t downsize your dreams.","bannerPosition":"2"}' target=""> <div class="c-agi-teaser__image"> <figure class="c-image u-hidden-medium-down c-image--1dot8by1"> <img class="c-image__img" src="/-/media/allianzgi/globalagi/editorial/investable-themes/lower-for-even-longer/lower-for-even-longer-1920x980.jpg?w=564&rev=b4c289d0cf694b0eb305b7f905feb654&hash=5F8ECDC16028C8FA09E5208F884322DC" loading="lazy" alt="ESG – “plus” for sustainability, “plus” for performance?"> </figure> </div> </a> <div class="c-agi-teaser__content"> <div class="c-agi-tile c-agi-tile--compact t-bg-vibrant-yellow-light"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <h6 class="c-heading c-agi-tile__headline c-heading--link-black"> <a href="/en/investable-themes/rates" title="Don’t downsize your dreams." target="" class="c-heading__link" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"Don’t downsize your dreams.","bannerPosition":"2"}'> Don’t downsize your dreams. </a> </h6> <p class="c-copy c-agi-tile__text"> Invest for tomorrow by navigating rising rates and inflation. </p> <a class="c-link c-link--block c-link--icon" href="/en/investable-themes/rates" aria-label="READ MORE" target="" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"Don’t downsize your dreams.","bannerPosition":"2"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">READ MORE</span> </a> </div> <div class="c-agi-tile__footer"> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div>  <nav class="c-navigation__accordion js-navigation-mobile" style="display: none;" data-test="1"> <ul role="menu" class="c-accordion c-accordion--level-0"> <li role="menuitem" class="c-accordion__item c-accordion__item--level-0"> <a id="nav2" href="#" target="" class="c-accordion__button js-main-navigation-link-mobile " data-track="topNavigation"> <span class="c-accordion__title"> Insights </span> <span aria-hidden="true" class="c-icon c-icon--chevron-down c-icon--functional c-accordion__indicator"></span> </a> <div class="c-accordion__item c-accordion__item--level-1"> <div data-parent-id="nav2" class="accordion__content t-bg-grey-tone-8 js-sub-navigation-mobile" style="display: none;"> <div> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/insights" target="" title="Insights" aria-expanded="false" aria-label="Insights" data-track="topNavigation" data-track-info='{"navigationElement":"Insights"}'> Insights </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/insights/allianz-global-investors-academy" target="" title="Allianz Global Investors Academy" aria-expanded="false" aria-label="Allianz Global Investors Academy" data-track="topNavigation" data-track-info='{"navigationElement":"Allianz Global Investors Academy"}'> Allianz Global Investors Academy </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/insights/outlook-and-commentary" target="" title="Outlook & commentary " aria-expanded="false" aria-label="Outlook & commentary " data-track="topNavigation" data-track-info='{"navigationElement":"Outlook & commentary "}'> Outlook & commentary </a> </li> <li role="menuitem" class="c-navcontent__list-item"><h3 class="c-navcontent__headline" title="Our blogs">Our blogs</h3></li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/insights/sustainability-blog" target="" title="Sustainability Now" aria-expanded="false" aria-label="Sustainability Now" data-track="topNavigation" data-track-info='{"navigationElement":"Sustainability Now"}'> Sustainability Now </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/insights/the-china-briefing" target="" title="The China Briefing" aria-expanded="false" aria-label="The China Briefing" data-track="topNavigation" data-track-info='{"navigationElement":"The China Briefing"}'> The China Briefing </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/insights/two-minute-tech" target="" title="Two-Minute Tech" aria-expanded="false" aria-label="Two-Minute Tech" data-track="topNavigation" data-track-info='{"navigationElement":"Two-Minute Tech"}'> Two-Minute Tech </a> </li> </ul> </nav> </div> <div> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/investable-themes" target="" title="Investable Themes" aria-expanded="false" aria-label="Investable Themes" data-track="topNavigation" data-track-info='{"navigationElement":"Investable Themes"}'> Investable Themes </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/investable-themes/rates" target="" title="Navigating Rates" aria-expanded="false" aria-label="Navigating Rates" data-track="topNavigation" data-track-info='{"navigationElement":"Navigating Rates"}'> Navigating Rates </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/investable-themes/disruption" target="" title="Embracing Disruption" aria-expanded="false" aria-label="Embracing Disruption" data-track="topNavigation" data-track-info='{"navigationElement":"Embracing Disruption"}'> Embracing Disruption </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/investable-themes/sustainability" target="" title="Achieving Sustainability" aria-expanded="false" aria-label="Achieving Sustainability" data-track="topNavigation" data-track-info='{"navigationElement":"Achieving Sustainability"}'> Achieving Sustainability </a> </li> </ul> <a aria-expanded="false" aria-label="View All Insights" href="/en/insights" title="View All Insights" class="c-link"> View All Insights </a> </nav> </div> </div> </div> </li> </ul> </nav> <div data-parent-id="nav3" class="c-navcontent js-sub-navigation u-hidden-medium-down" style="display: none;"> <div class="l-grid l-grid--max-width "> <div class="l-grid__row"> <div class="l-grid__column-3"> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing" target="" title="Capabilities" aria-expanded="false" aria-label="Capabilities" data-track="topNavigation" data-track-info='{"navigationElement":"Capabilities"}'> Capabilities </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing/equity" target="" title="Equity" aria-expanded="false" aria-label="Equity" data-track="topNavigation" data-track-info='{"navigationElement":"Equity"}'> Equity </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/investable-themes/china" target="" title="- China Investing" aria-expanded="false" aria-label="- China Investing" data-track="topNavigation" data-track-info='{"navigationElement":"- China Investing"}'> - China Investing </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing/equity/systematic-equity" target="" title="- Systematic Equity" aria-expanded="false" aria-label="- Systematic Equity" data-track="topNavigation" data-track-info='{"navigationElement":"- Systematic Equity"}'> - Systematic Equity </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing/fixed-income" target="" title="Fixed Income" aria-expanded="false" aria-label="Fixed Income" data-track="topNavigation" data-track-info='{"navigationElement":"Fixed Income"}'> Fixed Income </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing/multi-asset" target="" title="Multi Asset" aria-expanded="false" aria-label="Multi Asset" data-track="topNavigation" data-track-info='{"navigationElement":"Multi Asset"}'> Multi Asset </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing/private-markets" target="" title="Private Markets" aria-expanded="false" aria-label="Private Markets" data-track="topNavigation" data-track-info='{"navigationElement":"Private Markets"}'> Private Markets </a> </li> </ul> </nav> </div> <div class="l-grid__column-3"> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing/digital-investment-solutions" target="" title="Digital Investment Solutions" aria-expanded="false" aria-label="Digital Investment Solutions" data-track="topNavigation" data-track-info='{"navigationElement":"Digital Investment Solutions"}'> Digital Investment Solutions </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing/development-finance" target="" title="Development Finance" aria-expanded="false" aria-label="Development Finance" data-track="topNavigation" data-track-info='{"navigationElement":"Development Finance"}'> Development Finance </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing/research" target="" title="Research" aria-expanded="false" aria-label="Research" data-track="topNavigation" data-track-info='{"navigationElement":"Research"}'> Research </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing/risklab" target="" title="risklab" aria-expanded="false" aria-label="risklab" data-track="topNavigation" data-track-info='{"navigationElement":"risklab"}'> risklab </a> </li> </ul> <a aria-expanded="false" aria-label="View all Capabilities" href="/en/capability-landing" title="View all Capabilities" class="c-link"> View all Capabilities </a> </nav> </div> <div class="l-grid__column-6"> <div class="l-grid__row"> <div class=""> <div class="c-agi-teaser u-margin-bottom-m" data-track-info='{"event":"promoSection","interaction":"impression","bannerName":"AllianzGI - a pioneer in sustainable investing","bannerPosition":"1"}'> <a href="/en/sustainability/sustainable-investing" title="" aria-label="" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"AllianzGI - a pioneer in sustainable investing","bannerPosition":"1"}'> <div class="c-agi-teaser__image"> <figure class="c-image c-image--1dot8by1"> <img class="c-image__img" src="/-/media/allianzgi/shared/our-firm-redesign/corporate-responsibility/564x317-corp-responsibilities-financial-investing-sustainbly-for-future.jpg?w=564&rev=0625f7990ba148968f7c3123ed13e3e3&hash=85824AD8A36C6EDED8F06BD1B9AECB40" alt="Tree next to the modern overpass"> </figure> </div> </a> <div class="c-agi-teaser__content"> <div class="c-agi-tile c-agi-tile--compact t-bg-vibrant-yellow-light"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <h3 class="c-heading c-agi-tile__headline c-heading--link-black"> <a href="/en/sustainability/sustainable-investing" title="AllianzGI - a pioneer in sustainable investing" class="c-heading__link" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"AllianzGI - a pioneer in sustainable investing","bannerPosition":"1"}'> AllianzGI - a pioneer in sustainable investing </a> </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/sustainability/sustainable-investing" aria-label="Read more" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"AllianzGI - a pioneer in sustainable investing","bannerPosition":"1"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Read more</span> </a> </div> <div class="c-agi-tile__footer"> <div class="c-agi-tile__footer-content"> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div>  <nav class="c-navigation__accordion js-navigation-mobile" style="display: none;" data-test="1"> <ul role="menu" class="c-accordion c-accordion--level-0"> <li role="menuitem" class="c-accordion__item c-accordion__item--level-0"> <a id="nav3" href="#" target="" class="c-accordion__button js-main-navigation-link-mobile " data-track="topNavigation"> <span class="c-accordion__title"> Capabilities </span> <span aria-hidden="true" class="c-icon c-icon--chevron-down c-icon--functional c-accordion__indicator"></span> </a> <div class="c-accordion__item c-accordion__item--level-1"> <div data-parent-id="nav3" class="accordion__content t-bg-grey-tone-8 js-sub-navigation-mobile" style="display: none;"> <div> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing" target="" title="Capabilities" aria-expanded="false" aria-label="Capabilities" data-track="topNavigation" data-track-info='{"navigationElement":"Capabilities"}'> Capabilities </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing/equity" target="" title="Equity" aria-expanded="false" aria-label="Equity" data-track="topNavigation" data-track-info='{"navigationElement":"Equity"}'> Equity </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/investable-themes/china" target="" title="- China Investing" aria-expanded="false" aria-label="- China Investing" data-track="topNavigation" data-track-info='{"navigationElement":"- China Investing"}'> - China Investing </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing/equity/systematic-equity" target="" title="- Systematic Equity" aria-expanded="false" aria-label="- Systematic Equity" data-track="topNavigation" data-track-info='{"navigationElement":"- Systematic Equity"}'> - Systematic Equity </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing/fixed-income" target="" title="Fixed Income" aria-expanded="false" aria-label="Fixed Income" data-track="topNavigation" data-track-info='{"navigationElement":"Fixed Income"}'> Fixed Income </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing/multi-asset" target="" title="Multi Asset" aria-expanded="false" aria-label="Multi Asset" data-track="topNavigation" data-track-info='{"navigationElement":"Multi Asset"}'> Multi Asset </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing/private-markets" target="" title="Private Markets" aria-expanded="false" aria-label="Private Markets" data-track="topNavigation" data-track-info='{"navigationElement":"Private Markets"}'> Private Markets </a> </li> </ul> </nav> </div> <div> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing/digital-investment-solutions" target="" title="Digital Investment Solutions" aria-expanded="false" aria-label="Digital Investment Solutions" data-track="topNavigation" data-track-info='{"navigationElement":"Digital Investment Solutions"}'> Digital Investment Solutions </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing/development-finance" target="" title="Development Finance" aria-expanded="false" aria-label="Development Finance" data-track="topNavigation" data-track-info='{"navigationElement":"Development Finance"}'> Development Finance </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing/research" target="" title="Research" aria-expanded="false" aria-label="Research" data-track="topNavigation" data-track-info='{"navigationElement":"Research"}'> Research </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/capability-landing/risklab" target="" title="risklab" aria-expanded="false" aria-label="risklab" data-track="topNavigation" data-track-info='{"navigationElement":"risklab"}'> risklab </a> </li> </ul> <a aria-expanded="false" aria-label="View all Capabilities" href="/en/capability-landing" title="View all Capabilities" class="c-link"> View all Capabilities </a> </nav> </div> </div> </div> </li> </ul> </nav> <div data-parent-id="nav4" class="c-navcontent js-sub-navigation u-hidden-medium-down" style="display: none;"> <div class="l-grid l-grid--max-width "> <div class="l-grid__row"> <div class="l-grid__column-3"> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/sustainability" target="" title="Sustainability" aria-expanded="false" aria-label="Sustainability" data-track="topNavigation" data-track-info='{"navigationElement":"Sustainability"}'> Sustainability </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/sustainability/sustainable-investing" target="" title="Sustainable Investing" aria-expanded="false" aria-label="Sustainable Investing" data-track="topNavigation" data-track-info='{"navigationElement":"Sustainable Investing"}'> Sustainable Investing </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/sustainability/insights-on-sustainable-investing" target="" title="Sustainability Insights" aria-expanded="false" aria-label="Sustainability Insights" data-track="topNavigation" data-track-info='{"navigationElement":"Sustainability Insights"}'> Sustainability Insights </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/sustainability/policies-and-reporting" target="" title="Policies and Reporting" aria-expanded="false" aria-label="Policies and Reporting" data-track="topNavigation" data-track-info='{"navigationElement":"Policies and Reporting"}'> Policies and Reporting </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/sustainability/sustainability-report-2023" target="" title="Sustainability and Stewardship Report 2023" aria-expanded="false" aria-label="Sustainability and Stewardship Report 2023" data-track="topNavigation" data-track-info='{"navigationElement":"Sustainability and Stewardship Report 2023"}'> Sustainability and Stewardship Report 2023 </a> </li> </ul> <a aria-expanded="false" aria-label="View All" href="/en/sustainability" title="View All" class="c-link"> View All </a> </nav> </div> <div class="l-grid__column-3"> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> </ul> </nav> </div> <div class="l-grid__column-6"> <div class="l-grid__row"> <div class="nav-teaser-container l-grid__column-large-6 u-align-items-stretch"> <div class="c-agi-teaser u-margin-bottom-m" data-track-info='{"event":"promoSection","interaction":"impression","bannerName":"Sustainability and Stewardship Report 2023","bannerPosition":"1"}'> <a href="/en/sustainability/sustainability-report-2023" title="" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"Sustainability and Stewardship Report 2023","bannerPosition":"1"}' target=""> <div class="c-agi-teaser__image"> <figure class="c-image u-hidden-medium-down c-image--1dot8by1"> <img class="c-image__img" src="/-/media/allianzgi/globalagi/sustainability/sustainability-report-2023/allianz-global-investors-sustainability-report-2023-564x317.jpg?w=564&rev=29700df201a443619c3faf120f668842&hash=1FE346B320DE3CFF6565F8661449FDB1" loading="lazy" alt="Allianz-Global-Investors-Sustainability-Report-2023"> </figure> </div> </a> <div class="c-agi-teaser__content"> <div class="c-agi-tile c-agi-tile--compact t-bg-vibrant-yellow-light"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> Allianz Global Investors </p> <h6 class="c-heading c-agi-tile__headline c-heading--link-black"> <a href="/en/sustainability/sustainability-report-2023" title="Sustainability and Stewardship Report 2023" target="" class="c-heading__link" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"Sustainability and Stewardship Report 2023","bannerPosition":"1"}'> Sustainability and Stewardship Report 2023 </a> </h6> <p class="c-copy c-agi-tile__text"> Our vision is to make sustainability tangible and target real-world solutions. Learn more in our Sustainability and Stewardship Report 2023. </p> <a class="c-link c-link--block c-link--icon" href="/en/sustainability/sustainability-report-2023" aria-label="Read more" target="" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"Sustainability and Stewardship Report 2023","bannerPosition":"1"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Read more</span> </a> </div> <div class="c-agi-tile__footer"> </div> </div> </div> </div> </div> </div> <div class="nav-teaser-container l-grid__column-large-6 u-align-items-stretch"> <div class="c-agi-teaser u-margin-bottom-m" data-track-info='{"event":"promoSection","interaction":"impression","bannerName":"Our blog: Sustainability Now","bannerPosition":"2"}'> <a href="/en/insights/sustainability-blog" title="" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"Our blog: Sustainability Now","bannerPosition":"2"}' target=""> <div class="c-agi-teaser__image"> <figure class="c-image u-hidden-medium-down c-image--1dot8by1"> <img class="c-image__img" src="/-/media/allianzgi/globalagi/hero/insights/sustainability-blog/1920x980-hero-sustainability-now.jpg?w=564&rev=6b32ec227cb344b19cf1880e0c610aae&hash=0A09AF54FA5FCEC67C24C6810256EC88" loading="lazy" alt="Stairs in front of a planted wall"> </figure> </div> </a> <div class="c-agi-teaser__content"> <div class="c-agi-tile c-agi-tile--compact t-bg-vibrant-yellow-light"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> Achieving Sustainability </p> <h6 class="c-heading c-agi-tile__headline c-heading--link-black"> <a href="/en/insights/sustainability-blog" title="Our blog: Sustainability Now" target="" class="c-heading__link" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"Our blog: Sustainability Now","bannerPosition":"2"}'> Our blog: Sustainability Now </a> </h6> <p class="c-copy c-agi-tile__text"> Read our blog for fresh takes on sustainable investing </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/sustainability-blog" aria-label="Read the latest post" target="" data-track="teaserClick" data-track-info='{"event":"promoSection","interaction":"click","bannerName":"Our blog: Sustainability Now","bannerPosition":"2"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Read the latest post</span> </a> </div> <div class="c-agi-tile__footer"> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div>  <nav class="c-navigation__accordion js-navigation-mobile" style="display: none;" data-test="1"> <ul role="menu" class="c-accordion c-accordion--level-0"> <li role="menuitem" class="c-accordion__item c-accordion__item--level-0"> <a id="nav4" href="#" target="" class="c-accordion__button js-main-navigation-link-mobile " data-track="topNavigation"> <span class="c-accordion__title"> Sustainability </span> <span aria-hidden="true" class="c-icon c-icon--chevron-down c-icon--functional c-accordion__indicator"></span> </a> <div class="c-accordion__item c-accordion__item--level-1"> <div data-parent-id="nav4" class="accordion__content t-bg-grey-tone-8 js-sub-navigation-mobile" style="display: none;"> <div> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/sustainability" target="" title="Sustainability" aria-expanded="false" aria-label="Sustainability" data-track="topNavigation" data-track-info='{"navigationElement":"Sustainability"}'> Sustainability </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/sustainability/sustainable-investing" target="" title="Sustainable Investing" aria-expanded="false" aria-label="Sustainable Investing" data-track="topNavigation" data-track-info='{"navigationElement":"Sustainable Investing"}'> Sustainable Investing </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/sustainability/insights-on-sustainable-investing" target="" title="Sustainability Insights" aria-expanded="false" aria-label="Sustainability Insights" data-track="topNavigation" data-track-info='{"navigationElement":"Sustainability Insights"}'> Sustainability Insights </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/sustainability/policies-and-reporting" target="" title="Policies and Reporting" aria-expanded="false" aria-label="Policies and Reporting" data-track="topNavigation" data-track-info='{"navigationElement":"Policies and Reporting"}'> Policies and Reporting </a> </li> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/sustainability/sustainability-report-2023" target="" title="Sustainability and Stewardship Report 2023" aria-expanded="false" aria-label="Sustainability and Stewardship Report 2023" data-track="topNavigation" data-track-info='{"navigationElement":"Sustainability and Stewardship Report 2023"}'> Sustainability and Stewardship Report 2023 </a> </li> </ul> </nav> </div> <div> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> </ul> <a aria-expanded="false" aria-label="View All" href="/en/sustainability" title="View All" class="c-link"> View All </a> </nav> </div> </div> </div> </li> </ul> </nav> <div data-parent-id="nav5" class="c-navcontent js-sub-navigation u-hidden-medium-down" style="display: none;"> <div class="l-grid l-grid--max-width "> <div class="l-grid__row"> <div class="l-grid__column-3"> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/press-centre" target="" title="Press centre" aria-expanded="false" aria-label="Press centre" data-track="topNavigation" data-track-info='{"navigationElement":"Press centre"}'> Press centre </a> </li> </ul> <a aria-expanded="false" aria-label="View All" href="/en/press-centre" title="View All" class="c-link"> View All </a> </nav> </div> <div class="l-grid__column-3"> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> </ul> </nav> </div> <div class="l-grid__column-6"> <div class="l-grid__row"> </div> </div> </div> </div> </div>  <nav class="c-navigation__accordion js-navigation-mobile" style="display: none;" data-test="1"> <ul role="menu" class="c-accordion c-accordion--level-0"> <li role="menuitem" class="c-accordion__item c-accordion__item--level-0"> <a id="nav5" href="#" target="" class="c-accordion__button js-main-navigation-link-mobile " data-track="topNavigation"> <span class="c-accordion__title"> Press centre </span> <span aria-hidden="true" class="c-icon c-icon--chevron-down c-icon--functional c-accordion__indicator"></span> </a> <div class="c-accordion__item c-accordion__item--level-1"> <div data-parent-id="nav5" class="accordion__content t-bg-grey-tone-8 js-sub-navigation-mobile" style="display: none;"> <div> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> <li role="menuitem" class="c-navcontent__list-item"> <a tabindex=0 href="/en/press-centre" target="" title="Press centre" aria-expanded="false" aria-label="Press centre" data-track="topNavigation" data-track-info='{"navigationElement":"Press centre"}'> Press centre </a> </li> </ul> </nav> </div> <div> <nav class="c-navcontent__links"> <ul role="menu" class="c-navcontent__list"> </ul> <a aria-expanded="false" aria-label="View All" href="/en/press-centre" title="View All" class="c-link"> View All </a> </nav> </div> </div> </div> </li> </ul> </nav> <div class="c-navigation__accordion js-navigation-mobile" style="display: none;"> <div class="c-accordion__button"> <a class="c-link c-link--icon c-link--inline c-link--external c-header-metabar__external-link" href="https://careers.allianz.com/go/Allianz-Global-Investors/5123901/" target="_blank" title="Careers" aria-label="Careers" data-track="topNavigation"> <span aria-hidden="true" class="c-link__icon c-icon c-icon--launch"></span> <span class="c-link__text">Careers</span> </a> </div> </div> <div class="c-navigation__accordion js-navigation-mobile" style="display: none;"> <div class="c-accordion__button"> <a class="c-link c-link--icon c-link--inline c-link--external c-header-metabar__external-link" href="/en/our-firm/our-offices" target="" title="" aria-label="" data-track="topNavigation"> <span aria-hidden="true" class="c-link__icon c-icon c-icon--launch"></span> <span class="c-link__text">Contact Us</span> </a> </div> </div>  <div aria-hidden="true">  <div class="select-role-country" data-url="/api/sitecore/generalcontent/getcountryandroleselector" data-method="post" data-currentcountry="GLOBAL" data-currentrole="" data-selectyourroletext="Select your role"> <div class="c-header-dropdown c-header-dropdown--role-select c-navigation__accordion js-navigation-mobile" data-toggle-switcher="dropdown"> <button class="c-header-dropdown__toggle" aria-haspopup="true" aria-expanded="false" aria-describedby="headerRoleSelect" data-trigger-switcher="dropdown" aria-label="Header Country Selector"> Global <i class="c-icon c-icon--chevron-down c-header-dropdown__icon"></i> </button> <ul class="c-header-dropdown__menu c-accordion c-accordion--level-0" role="menu" aria-hidden="true" data-items-switcher="dropdown" id="headerRoleSelect"> <li role="menuitem" class="c-accordion__item c-accordion__item--level-0"> <span class="c-accordion__button js-main-navigation-link-mobile"> <a id="nav1" class="c-accordion__title js-main-navigation-link-mobile"> Global </a> <span aria-hidden="true" class="c-icon c-icon--chevron-down c-icon--functional c-accordion__indicator"></span> </span> <div class="c-accordion__item c-accordion__item--level-1 c-accordion__item--box"> <div data-parent-id="nav1" class="accordion__content"> <div class="u-text-align-center"> <h3 class="c-heading c-role-select__headline" role="heading"> Select your location and role </h3> </div> <div class="c-select2 u-margin-bottom-s" id="headerCountrySelect" data-value="GLOBAL"> <div class="c-select2__selection" aria-controls="headerCountrySelectMenu" aria-expanded="false" aria-labelledby="headerCountrySelectLabel" role="combobox" tabindex="0" aria-haspopup="listbox" aria-activedescendant> <label id="headerCountrySelectLabel" class="c-select2__label">Select your location</label> <div class="c-select2__selection__rendered"></div> <span class="c-select2__chevron c-icon c-icon--chevron-down"></span> </div> <div id="headerCountrySelectMenu" class="c-select2__dropdown"> <div class="c-select2__dropdown__label">Select your location</div> <div class="c-select2-results"> <ul class="c-select2-results__options" id="select-country-dropdown" tabindex="-1" role="listbox" aria-labelledby="headerCountrySelectLabel"></ul> </div> </div> </div> <div class="u-text-align-center u-margin-top-3m"> <button class="c-button c-button--mobile-medium u-margin-bottom-none" data-track="roleCountrySelection" aria-label="OK"> OK </button> </div> </div> </div> </li> </ul> </div> </div> </div> </div> </div> <div class="account-access-wrapper-primary"> </div> </div> </header> </div> <main class="main-container">  <div class="l-container--full-width"> <div class="c-hero-banner__slide t-bg-white full_length_icon_list"> <div class="c-hero-banner__image-wrapper"> <picture> <source srcset="/-/media/allianzgi/shared/2023-hero-banners/1920x980-hero-allianz-giobal-investors-global-disruption-overlay30.jpg?w=1360&rev=91a5e5d51a8b406b970943e901b3e6c5&hash=771E192DAFDBA032882FDD3552AD30FA, /-/media/allianzgi/shared/2023-hero-banners/1920x980-hero-allianz-giobal-investors-global-disruption-overlay30.jpg?w=2040&rev=91a5e5d51a8b406b970943e901b3e6c5&hash=11CE59E1935C617C026B9645AF8D132A 2x" media='(min-width: 1360px)'> <source srcset="/-/media/allianzgi/shared/2023-hero-banners/1920x980-hero-allianz-giobal-investors-global-disruption-overlay30.jpg?w=768&rev=91a5e5d51a8b406b970943e901b3e6c5&hash=6EA1F59BE9E374E497232E4D09F72C03, /-/media/allianzgi/shared/2023-hero-banners/1920x980-hero-allianz-giobal-investors-global-disruption-overlay30.jpg?w=1152&rev=91a5e5d51a8b406b970943e901b3e6c5&hash=041079364E9621FE3842634D6CD2E0F5 2x" media='(min-width: 768px)'> <source srcset="/-/media/allianzgi/shared/2023-hero-banners/1920x980-hero-allianz-giobal-investors-global-disruption-overlay30.jpg?w=640&rev=91a5e5d51a8b406b970943e901b3e6c5&hash=1E60784AB0ED73A82D4F9248BC4C7F5D, /-/media/allianzgi/shared/2023-hero-banners/1920x980-hero-allianz-giobal-investors-global-disruption-overlay30.jpg?w=960&rev=91a5e5d51a8b406b970943e901b3e6c5&hash=72C6B75F9488EA44024A0299CE7F4D7E 2x" media='(min-width: 320px)'> <img src="/-/media/allianzgi/shared/2023-hero-banners/1920x980-hero-allianz-giobal-investors-global-disruption-overlay30.jpg?w=640&rev=91a5e5d51a8b406b970943e901b3e6c5&hash=1E60784AB0ED73A82D4F9248BC4C7F5D" srcset="/-/media/allianzgi/shared/2023-hero-banners/1920x980-hero-allianz-giobal-investors-global-disruption-overlay30.jpg?w=640&rev=91a5e5d51a8b406b970943e901b3e6c5&hash=1E60784AB0ED73A82D4F9248BC4C7F5D, /-/media/allianzgi/shared/2023-hero-banners/1920x980-hero-allianz-giobal-investors-global-disruption-overlay30.jpg?w=960&rev=91a5e5d51a8b406b970943e901b3e6c5&hash=72C6B75F9488EA44024A0299CE7F4D7E 2x" class="c-hero-banner__img swiper-lazy" alt="a mirrored image of a aeronautical engine" title="" /> </picture> </div> <div class="l-container c-hero-banner__container"> <div class="c-hero-banner__content " data-swiper-parallax="-30%" data-swiper-parallax-opacity> <p class="c-copy c-copy--large u-margin-bottom-2xs"> Embracing Disruption </p> <h1 class='c-heading u-margin-top-none u-margin-bottom-2m'> Change multiplies opportunity </h1> <div class="c-icon-navigation c-icon-navigation--rounded-icons justify-content-center"> <a href="./disruption#local-sites" target="_self" class="c-icon-navigation__link--stage" data-track="teaserClick" data-track-info='{"event":"heroBannericons","interaction":"click","bannerName":"Your local site"}'> <i class="c-icon-navigation__icon c-icon c-icon--outline c-icon--product-world-globe" aria-hidden="true"></i> <span class="c-icon-navigation__label"> Your local site </span> </a> <a href="./disruption#get-inspired" target="_self" class="c-icon-navigation__link--stage" data-track="teaserClick" data-track-info='{"event":"heroBannericons","interaction":"click","bannerName":"Get inspired"}'> <i class="c-icon-navigation__icon c-icon c-icon--outline c-icon--play-button" aria-hidden="true"></i> <span class="c-icon-navigation__label"> Get inspired </span> </a> <a href="./disruption#agi-academy" target="_self" class="c-icon-navigation__link--stage" data-track="teaserClick" data-track-info='{"event":"heroBannericons","interaction":"click","bannerName":"AllianzGI Academy"}'> <i class="c-icon-navigation__icon c-icon c-icon--outline c-icon--product-book" aria-hidden="true"></i> <span class="c-icon-navigation__label"> AllianzGI Academy </span> </a> </div> </div> </div> </div> </div> <div class="l-container " data-component="general-content" > </div> <div class="component agi-general-content-rte " data-component="general-content" > <div class="l-container u-margin-top-xl u-margin-bottom-2m agi-rte"> <style> .full-width-section { background-color: #e8e0e3; width: 100vw; position: relative; margin-left: -50vw; height: 250px; left: 50%; text-align: center; item-align: center; margin-bottom: -200px; margin-top: -100px; } .c-agi-tile.t-bg-vibrant-royal-lightest { background-color: #dedede; } a.c-link.c-link--icon.js-toggle-tooltip__link { display: none; } a.c-link.c-actions__link.c-link--icon.print-link { display: none; } @media only screen and (max-width: 768px) { .full-width-section { margin-bottom: -240px; } } </style> <div class="full-width-section"> </div> </div> </div> <div class="l-container--full-width multi-column-wrapper intro-text-container columns--positive " data-component="intro-text"> <div class="l-container l-container--no-gutters"> <div class="l-grid u-margin-top-m u-margin-bottom-m"> <div class="l-grid__row"> <div class="l-grid__column"> <h2 class="c-heading u-text-center u-margin-bottom-xs u-text-weight-light"><h2 style="text-align:center; margin-top:-100px; margin-bottom:12px;">Disruption. Change multiplies opportunity</h2></h2> <p class="c-copy u-text-center domain u-margin-bottom-none">Disruption is all around us.</br> From new technologies to shifting trade patterns, the status quo is being challenged.</br> Embrace disruption to seize the moment.</p> </div> </div> </div> </div> </div> <section class="component facts-figurs l-container l-container--no-gutters" data-component="FactsNFigures"> <div class="l-grid u-margin-top-l u-margin-bottom-l"> <div class="l-grid__row"> <div class="l-grid__column-medium-8 offset-medium-2 u-text-align-center"> <h3 class='c-heading u-margin-bottom-m'> </h3> <div class="c-copy agi-rte"> <style> .facts-figurs { position: -webkit-sticky; position: sticky; top: 0; z-index: 3; } .facts-figurs .l-grid { margin-top: 16px!important; margin-bottom: 40px!important; } .facts-figurs .c-agi-accordion__item { background: white; position: relative; z-index: 99; border-radius: 0px 0px 24px 24px; } @media only screen and (max-width: 768px) { .facts-figurs .l-grid { margin-top: -6px!important; } } .facts-figurs .c-agi-accordion__item { box-shadow: 0px 1px 2px rgba(0, 0, 0, 0.1); } .facts-figurs .c-agi-accordion__content { background: white; box-shadow: 0px 1px 2px rgba(0, 0, 0, 0.1); border-radius: 0px 0px 24px 24px; } .facts-figurs .c-agi-accordion__button { border-radius: 0px 0px 24px 24px; } </style> <a id="local-sites" style="scroll-margin:60px;"></a> </div> </div> </div> <div class="l-grid__row"> <div class="l-grid__column-medium-10 offset-medium-1"> <div id="c4670376-e481-4244-8c3b-b14f2c0b58fa_accordiongroup" class="c-agi-accordion js-agi-accordion" data-settings=""> <div id="local-pages" class="c-agi-accordion__item "> <button id="183965a3-0e81-461e-bfd3-13388660b316_button" aria-controls="messages" class="c-agi-accordion__button u-text-weight-regular" data-track="factFigures" data-track-info="{'factName':'<span style="font-weight: 400;">Continue your disruption journey on your local site</span> ','component':'Fact N Figure accordion'}"> <img class="c-agi-accordion__icon c-icon" src="/-/media/allianzgi/shared/factsnfigures-icon/new-icons/sidebar-right.svg?w=24&rev=066411874f2d4e67922e535b620cea0b&hash=E7E913BB8F6B6B38B08BA48FD1D56B22" style="width:24px;"> <span> <strong><span style="font-weight: 400;">Continue your disruption journey on your local site</span></strong> </span> </button> <div id="messages" class="c-agi-accordion__content agi-rte c-copy u-margin-bottom-0" role="region" aria-labelledby="183965a3-0e81-461e-bfd3-13388660b316_button"> <table> <tbody> <tr style="height: 40px;"> <td colspan="3"> <strong>Asia Pacific</strong> </td> <td><strong>Europe</strong></td> </tr> <tr style="height: 40px;"> <td style="width: 200px;" colspan="3"> <a rel="noopener noreferrer" href="https://jp.allianzgi.com/ja-jp/investable-themes/disruption" target="_blank">Japan</a></td> <td style="width: 200px;"><a rel="noopener noreferrer" rel="noopener noreferrer" href="https://fr.allianzgi.com/fr-fr/notre-groupe/themes-investissables/disruption" target="_blank">France</a></td> </tr> <tr style="height: 40px;"> <td colspan="3"><a rel="noopener noreferrer" rel="noopener noreferrer" href="https://hk.allianzgi.com/en/Financial-Advisor/insights/disruption" target="_blank">Hong Kong</a> </td> <td><a rel="noopener noreferrer" rel="noopener noreferrer" href="https://de.allianzgi.com/de-de/ueber-uns/investmentthemen/disruption" target="_blank">Germany</a></td> </tr> <tr style="height: 40px;"> <td colspan="3"><a rel="noopener noreferrer" href="https://tw.allianzgi.com/zh-tw/themes/disruption" target="_blank">Taiwan</a></td> <td><a rel="noopener noreferrer" rel="noopener noreferrer" href="https://it.allianzgi.com/it-it/b2c/la-nostra-societa/temi-investimento/disruption" target="_blank">Italy</a></td> </tr> <tr style="height: 40px;"> <td colspan="3"><a rel="noopener noreferrer" rel="noopener noreferrer" href="https://sg.allianzgi.com/en/financial-advisor/insights/disruption" target="_blank">Singapore</a><br /> </td> <td><a rel="noopener noreferrer" rel="noopener noreferrer" href="https://pt.allianzgi.com/pt-pt/temas-de-investimento/disrupcao" target="_blank">Portugal</a></td> </tr> <tr style="height: 40px;"> <td colspan="3"> </td> <td><a rel="noopener noreferrer" rel="noopener noreferrer" href="https://es.allianzgi.com/b2c/nosotros/temas-inversion/sacar-partido-a-la-disrupcion" target="_blank">Spain</a></td> </tr> <tr style="height: 40px;"> <td colspan="3"> </td> <td><a rel="noopener noreferrer" rel="noopener noreferrer" href="https://ch.allianzgi.com/en-gb/our-firm/investable-themes/disruption" target="_blank">Switzerland</a></td> </tr> </tr> <tr style="height: 40px;"> <td colspan="3"> </td> <td><a rel="noopener noreferrer" rel="noopener noreferrer" href="https://uk.allianzgi.com/insights/investable-themes/disruption" target="_blank">United Kingdom</a></td> </tr> </tbody> </table> </div> </div> </div> </div> </div> </div> </section> <div class="l-container " data-component="general-content" > </div> <div class="component agi-general-content-rte " data-component="general-content" > <div class="l-container u-margin-top-xl u-margin-bottom-2m agi-rte"> <div style="margin: -40px 0 -40px;"> <iframe src="https://preview.nbc.com.hk/agi/global/agi-embracing-disruption-interactive-poll-survey-development-q1-2024/html/" style="width: 100%; border: 0;" id="surveyIframe"></iframe> <script src="https://cdnjs.cloudflare.com/ajax/libs/iframe-resizer/4.3.9/iframeResizer.min.js" integrity="sha512-+bpyZqiNr/4QlUd6YnrAeLXzgooA1HKN5yUagHgPSMACPZgj8bkpCyZezPtDy5XbviRm4w8Z1RhfuWyoWaeCyg==" crossorigin="anonymous" referrerpolicy="no-referrer"></script> <script> iFrameResize({ checkOrigin: false }, '#surveyIframe') </script> </div> </div> </div> <div class="l-container " data-component="general-content" > </div> <div class="component agi-general-content-rte " data-component="general-content" > <div class="l-container u-margin-top-xl u-margin-bottom-2m agi-rte"> <h2 style="text-align: center;"> What we mean by disruption </h2> <p class="body-one" style="text-align: center; margin-top: 20px;"> We live in an age of disruption. Transformative new technologies like artificial intelligence (AI) are upending multiple sectors. Climate change is shaking up the energy system. Geopolitical realignments are forcing businesses to rethink supply chains. And demographic shifts are putting pressure on healthcare systems. </p> <p class="body-one" style="text-align: center;"> The consequences of disruption are profound. They present challenges, but they also create opportunities. </p> <p class="body-one" style="text-align: center;"> With the right guidance, disruption can be a force for good. AI may dramatically increase productivity. Energy systems could become sustainable and clean. New markets might become integral parts of global supply chains. And medical breakthroughs could revolutionise healthcare. </p> <p class="body-one" style="text-align: center;"> Navigating through this change requires experience, foresight, and agile thinking. </p> <p class="body-one" style="text-align: center;"> By welcoming change, we can meet the challenges of the day. By embracing disruption, we can shape the future. </p> </div> </div> <div class="l-container u-margin-bottom-l u-margin-top-l" data-component="people-quotes-carousel"> <div class="l-grid"> <div class="l-grid__row"> <div class="l-grid__column-12"> <div class="c-carousel js-carousel" aria-roledescription="carousel" aria-label="" data-slide-aria-label='{"slideCountMessage":"Slide #slideNumber#", "prevSlideMessage": "Previous slide", "nextSlideMessage":"Next slide", "paginationBulletMessage": "Go to slide #slideNumber#"}'> <div class="c-carousel__wrapper"> <div class="c-carousel__slides"> <div class="c-carousel__slide" role="group" aria-roledescription="slide"> <aside class="c-peoples-quote"> <div class="c-peoples-quote__image-wrapper"> <img alt="Virginie Maisonneuve" class="c-peoples-quote__image" src="/-/media/allianzgi/shared/management-profiles/virginie-maisonneuve/368x368-virginie-maisonneuve.jpg?rev=fcac27f4dc114dca8a2f8a5fb6a6119a&hash=21E0DAA215A4037A0C86525A737CD409" aria-hidden="true" /> </div> <div class="c-peoples-quote__content-wrapper"> <div class="u-flex u-margin-top-s align-items-start"> <blockquote> “Embracing disruption means investors should consider not just future risks, but even more so, future opportunities.“ </blockquote> </div> <p class="c-copy u-margin-top-s u-margin-bottom-none"> Virginie Maisonneuve <span>, Global CIO Equity, Allianz Global Investors</span> <br /> </p> </div> </aside> </div> </div> </div> </div> </div> </div> </div> </div> <div class="l-container--full-width multi-column-wrapper three-column columns--positive " data-component="MultiColumnWrapper"> <div class="l-container l-container--no-gutters u-margin-top-m u-padding-top-m u-padding-bottom-m"> <div class="l-grid u-margin-top-m u-margin-bottom-m"> <div class="l-grid__row"> <div class="l-grid__column"> <p class="c-copy u-text-center domain"><h2 style="margin-top:-48px; margin-bottom:24px; text-align:center;">Learn more about disruptive investments</h2></p> </div> </div> <div class="l-grid__row align-items-stretch"> <div class="c-agi-teaser align-tiles-imagetoLeft tile--positive teaser--50-50" aria-label="Fragmentation" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"Fragmentation"}'> <div class="c-agi-teaser__image t-bg-rich-wine-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/fragmentation-in-the-global-village" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Fragmentation"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/globalagi/editorial/fragmentation-in-the-global-village/1920x980-fragmentation-in-the-global-village.jpg?rev=195b6cbdd82f40e4ba301026c82832af&la=en&h=980&w=1920&hash=F61461589478BD559CA7C865DEC3F064" class="c-image__img" alt="Fragmentation in the global village: a new roadmap for investors" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-rich-wine-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> Fragmentation </h3> <p class="c-copy c-agi-tile__text"> Fragmentation in the global village: a new roadmap for investors. </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/fragmentation-in-the-global-village" target="" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Fragmentation"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft tile--positive teaser--50-50" aria-label="Technology" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"Technology"}'> <div class="c-agi-teaser__image t-bg-rich-petrol-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/geographies-of-tech" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Technology"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/globalagi/editorial/geographies-of-tech/1920x980-geographies-of-tech.jpg?rev=8f7ee50f9dc54ef9b88650a3942187ac&la=en&h=980&w=1920&hash=1A1B6DDC972E8B315DC25205CA4E3574" class="c-image__img" alt="Geographies of tech" title="Geographies of tech" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-rich-petrol-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> Technology </h3> <p class="c-copy c-agi-tile__text"> Transformative tech is reshaping many industries and sectors. </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/geographies-of-tech" target="" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Technology"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft tile--positive teaser--50-50" aria-label="China" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"China"}'> <div class="c-agi-teaser__image t-bg-rich-ocean-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/the-new-made-in-germany" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"China"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/globalagi/editorial/why-made-in-china/1920x980-why-made-in-china.png?rev=af48bc6ac7c34764a6ddf1f6ae29bd26&la=en&h=980&w=1920&hash=4A043A9AD223F6B15E2A9B239C090014" class="c-image__img" alt="" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-rich-ocean-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> China </h3> <p class="c-copy c-agi-tile__text"> China is changing and the effects will be profound. </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/the-new-made-in-germany" target="" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"China"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="l-container--full-width multi-column-wrapper one-column columns--negative t-bg-rich-petrol-light" data-component="MultiColumnWrapper"> <div class="l-container l-container--no-gutters u-margin-top-m u-padding-top-m u-padding-bottom-m"> <div class="l-grid u-margin-top-m u-margin-bottom-m"> <div class="l-grid__row"> <div class="l-grid__column"> <h2 class="c-heading u-text-center u-margin-bottom-xs u-text-weight-light">Rethinking the way you invest</h2> <p class="c-copy u-text-center domain"><h6 style="margin-top: 18px; margin-bottom: 12px; text-align: center;"> "For investors, it's important to focus on the opportunities that disruption brings.</br> This means questioning old ways of investing.” </h6> <p style="margin-bottom:32px; text-align: center;">Virginie Maisonneuve, Global CIO Equity, Allianz Global Investors</p></p> </div> </div> <div class="l-grid__row align-items-stretch"> <div class="c-agi-teaser align-tiles-imagetoLeft tile--positive teaser--50-50" aria-label="" data-track-info=''> <div class="c-agi-teaser__image t-bg-white" aria-hidden="true"> <a target="_blank" data-track="teaserClick" data-track-info=''> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/redesign/teasers/allianz-giobal-investors-disruption-smart-energy-564x317.jpg?rev=6de88e64ba0b486585b7ac334f833684&la=en&h=317&w=564&hash=66DA0E66768E02E9AD3608AB8E9C947D" class="c-image__img" alt="a mirrored image of a group of windmills in the sea" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-white"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> </h3> <p class="c-copy c-agi-tile__text"> Disruption creates change and change creates opportunities. <br /> <br /> We can help change your perspective on the possibilities that disruption opens up in our world. Disruption on the scale seen today might seem unsettling. But we have long experience in turning unexpected developments into positive advantages. We’ll help you identify investment ideas before they go mainstream – enabling you to participate in these global shifts and to seek out growth potential. <br /> <br /> Just as disruption reshapes the world around us, it can also reshape your investment approach. We’ll show you how. </p> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="l-container--full-width multi-column-wrapper intro-text-container columns--positive " data-component="intro-text"> <div class="l-container l-container--no-gutters"> <div class="l-grid u-margin-top-m u-margin-bottom-m"> <div class="l-grid__row"> <div class="l-grid__column"> <h2 class="c-heading u-text-center u-margin-bottom-xs u-text-weight-light"></h2> <p class="c-copy u-text-center domain u-margin-bottom-none"><a id="get-inspired" style="scroll-margin:150px;"></a> <h2 style="margin-top:24px; margin-bottom:-84px; text-align:center;">Understanding disruption</h2></p> </div> </div> </div> </div> </div> <section class="component agi-img-vid-txt-teaser disclosure-content impression-container" data-track-info='{"event":"Image_Teaser","interaction":"impression","bannerName":""}' data-method="post" data-url="/Shared/Ajax/GeneralContent/GetDisclosureText" data-disclosure="0e53095c-1ea1-475a-8c34-c7ad12614575" data-component="Image-Video-Teaser"> <div class="l-container"> <div class="u-margin-top-xl u-margin-bottom-xl"> <div class="teaser-main c-agi-teaser c-agi-teaser--50-50 c-agi-teaser--mirror cookie-disclosure" data-optanoncategory="4"> <div class="c-agi-teaser__image image-right video"> <div class="video c-video c-video--contain" data-eventId="{8297509B-FE22-4E0B-B046-088389402120}"> <div class="c-video__iframe js-brightcove" data-embed="https://players.brightcove.net/5288560598001/default_default/index.html?videoId=6336715949112" data-title="" aria-label="" role="link" tabindex="0"> <div class="c-video__play-button" role="button"></div> <img alt="" title="" class="c-video__thumbnail" src="/-/media/allianzgi/globalagi/disruption/2023-revamp/video-preview.png?w=564&rev=de496c6e7f4c4d5ca70bdf33f32f0dc0&hash=7BF805AC083BF3E63B0588D435A3BBE8" /> </div> </div> </div> <div class="teaser-text c-agi-teaser__content"> <div class="c-agi-tile t-bg-vibrant-royal-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <h3 class='component-title c-heading c-agi-tile__headline c-heading--link-black'> </h3> <div class="teaser-content"> <div class="desc c-copy c-agi-tile__text agi-rte"><p style="font-size:18px; margin-left: 15px;">Allianz Global Investors is here to support you in embracing and seizing new opportunities.</p> <ul style="font-size:18px; margin-top:44px; margin-left: -20px;""> <ol style="margin-bottom:12px;">• Search for alpha opportunities, including financial and “outcome linked” alpha</ol> <ol style="margin-bottom:12px;">• Stay agile in the face of changing market conditions</ol> <ol>• Include a thematic approach when investing</ol> </ul> </div> </div> </div> </div> </div> </div> </div> <div class="c-agi-teaser cookie-disclosure is-enabled"> <div class="c-agi-teaser__content" tabindex="0"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content u-text-align-center"> <h3 class="component-title c-heading c-agi-tile__headline c-heading--link-black"> External Video Content </h3> <p class="desc c-copy c-agi-tile__text agi-rte"> This video is loaded through YouTube. Google is collecting information about your interaction with this video by using cookies and may use this for targeting their offers. Please accept cookies in order to show the video. </p> <button class="c-button optanon-toggle-display" data-component-id="root/parsys/wrapper/wrapper/onetrust_cookie_sett"> Manage My Cookie Preferences </button> </div> </div> </div> </div> </div> </div> </section> <div class="l-container--full-width multi-column-wrapper intro-text-container columns--positive " data-component="intro-text"> <div class="l-container l-container--no-gutters"> <div class="l-grid u-margin-top-m u-margin-bottom-m"> <div class="l-grid__row"> <div class="l-grid__column"> <h2 class="c-heading u-text-center u-margin-bottom-xs u-text-weight-light"></h2> <p class="c-copy u-text-center domain u-margin-bottom-none"><h2 style="text-align:center; margin-bottom:-32px">Frequently asked questions</h2></p> </div> </div> </div> </div> </div> <div class="l-grid u-margin-top-m l-container" data-component="accordian"> <div class="l-grid__row"> <div class="l-grid__column-12"> <div class="u-margin-bottom-2m u-flex justify-content-end align-items-center"> <button class="c-button c-button--small c-button--secondary js-expand-accordion u-margin-bottom-none u-margin-right-m" data-target="#accordion_B9B6AE50-5302-4BEB-9161-E4D9BFE49C66"> <span data-expand class="">Expand All</span> <span data-reduce class="u-hidden">Collapse All</span> </button> <div class="c-tooltip js-toggle-tooltip c-share-icon c-actions__link" data-optanoncategory="4"> <a class="c-link c-link--icon js-toggle-tooltip__link"> <i class="c-link__icon c-icon c-icon--share c-icon--s"></i> </a> <div role="tooltip" class="c-share-icon__tooltip c-tooltip__item" aria-hidden="true"> <span class="c-tooltip__arrow"></span> <div class="c-share-icons social-sharing_toolbox"> <a href="#" target="_blank" rel="noopener" class="social-sharing_linkedin c-share-icons__link c-share-icons__link--linkedin c-link c-link--icon" aria-label="Share on LinkedIn" data-track="social" data-track-info="{'channel':'linkedin','title':'[PageTitle]'}"> <i class="c-share-icons__icon c-link__icon c-icon c-icon--linkedin-circle"></i> <span class="u-hidden">Share on LinkedIn</span> </a> <a href="#" target="_blank" rel="noopener" class="social-sharing_facebook c-share-icons__link c-share-icons__link--facebook c-link c-link--icon" aria-label="Share on facebook" data-track="social" data-track-info="{'channel':'facebook','title':'[PageTitle]'}"> <i class="c-share-icons__icon c-link__icon c-icon c-icon--facebook-circle"></i> <span class="u-hidden">Share on facebook</span> </a> </div> </div> </div> <a class="c-link c-actions__link c-link--icon print-link" href="#" aria-label="Print page" title="Print page" data-track="contentPrint" data-track-info="{'title':'disruption'}"> <span aria-hidden="true" class="c-link__icon c-icon c-icon--print c-icon--s"></span> </a> </div> </div> <div class="l-grid__column-12"> <ul id="accordion_B9B6AE50-5302-4BEB-9161-E4D9BFE49C66" class="faq-accordion c-agi-accordion js-agi-accordion" data-autocollapse="false"> <li class="c-agi-accordion__item " aria-expanded="false"> <button aria-controls="tab-content-0" class="c-agi-accordion__button">Is disruption only concerned with digital innovation?</button> <div class="c-agi-accordion__content agi-rte" id="tab-content-0"> <p class= "body-one">No, disruption covers many different fields that influence multiple aspects of business activity, as well as society as a whole. We see disruption in three key areas:</p> <ul class= "body-one"> <li><strong>Tech</strong> – including digital disruption</li> <li><strong>Resources</strong> – such as super-charging clean energy storage</li> <li><strong>Fragmentation</strong> – geopolitical shifts in the global village that require a new roadmap for investment</li> </ul> </div> </li> <li class="c-agi-accordion__item " aria-expanded="false"> <button aria-controls="tab-content-1" class="c-agi-accordion__button">What does disruptive innovation mean?</button> <div class="c-agi-accordion__content agi-rte" id="tab-content-1"> <p class= "body-one">Disruptive innovation transforms the specific sector in which it takes place, the businesses operating in that area, businesses in other sectors that leverage these innovations, and the economy and society more broadly. AI is an example of such transformative disruptive innovation. It arose as a tech innovation but has since been embraced in many different ways in many different areas.</p> </div> </li> <li class="c-agi-accordion__item " aria-expanded="false"> <button aria-controls="tab-content-2" class="c-agi-accordion__button">How should investors respond to disruptive innovation? </button> <div class="c-agi-accordion__content agi-rte" id="tab-content-2"> <p class= "body-one">It starts with a mindset. Investors should be open to seizing on fresh ideas. Disruptive innovation creates plenty of new opportunities in often unexpected areas. Embracing disruption means reframing points of view and being open to re-evaluating perspectives on the future. The following approaches can help provide a framework for responding to disruptive innovation:</p> <ul class= "body-one"> <ol>- Search for alpha opportunities, including financial and “outcome-linked” alpha</br> - Stay agile in the face of changing market conditions</br> - Include a thematic approach when investing</ol> </ul> </div> </li> </ul> </div> </div> </div> <div class="l-container--full-width carousel-container " data-component="TeaserTileCarousel"> <div class="l-container l-container--no-gutters"> <div class="l-grid u-margin-top-m u-margin-bottom-m"> <div class="l-grid__row"> <div class="l-grid__column"> <h2 class="c-heading u-text-center u-margin-bottom-xs u-text-weight-light"></h2> <p class="c-copy u-text-center domain u-margin-bottom-none"><a id="agi-academy" style="scroll-margin: 50px;"></a> <h2 style="text-align:center; margin-bottom: -44px;">Learn more about disruption</h2></p> </div> </div> </div> </div> <div class="l-container carousel-section"> <div class="l-grid"> <div class="l-grid__row"> <div class="l-grid__column c-ncarousel__one-column-container"> <div class="c-ncarousel js-ncarousel js-ncarousel-one-column" aria-roledescription="carousel" aria-label="" data-slider-infinite="true" data-slidedelay="3000" data-pauseonhover="true" data-autoplay="true" data-transitionspeed="3000" data-slide-aria-label='{"slideCountMessage":"Slide #slideNumber#", "prevSlideMessage": "Previous slide", "nextSlideMessage":"Next slide", "paginationBulletMessage": "Go to slide #slideNumber#"}'> <div class="c-ncarousel__wrapper"> <div class="c-ncarousel__slide" role="group" aria-roledescription="slide"> <div class="c-agi-teaser align-tiles-imagetoRight tile--positive teaser--50-50" aria-label="Allianz Global Investors Academy" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"Allianz Global Investors Academy"}'> <div class="c-agi-teaser__image t-bg-grey-tone-agi-5" aria-hidden="true"> <a href="https://academy.allianzgi.com/home/investment-topics#disruption" target="_blank" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Allianz Global Investors Academy"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/redesign/teasers/allianz-giobal-investors-disruption-intelligent-cities-564x317.jpg?rev=f2017c83c57044f1b38d33d2730afa05&la=en&h=317&w=564&hash=86167BEA7E548230056299537F9B0C59" class="c-image__img" alt="a mirrored image of futuristic building glass facade exterior" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-grey-tone-agi-5"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> Allianz Global Investors Academy </h3> <p class="c-copy c-agi-tile__text"> <p style="font-size:18px; line-height:24px;">Discover our Investment Academy and the module dedicated to disruption, which can accelerate your understanding of this theme.</p> <br /> <br /> <br /> <br /> </p> <a class="c-link c-link--block c-link--icon" href="https://academy.allianzgi.com/home/investment-topics#disruption" target="_blank" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Allianz Global Investors Academy"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">LEARN MORE</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> </div> <div class="c-ncarousel__slide" role="group" aria-roledescription="slide"> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="Two-Minute Tech" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"Two-Minute Tech"}'> <div class="c-agi-teaser__image t-bg-grey-tone-agi-5" aria-hidden="true"> <a href="https://www.allianzgi.com/en/insights/two-minute-tech" target="_blank" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Two-Minute Tech"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/shared/2023-hero-banners/1920x980-2mins-tech.jpg?rev=8505f94a55fe4a7f8999eaae5f1b131c&la=en&h=980&w=1920&hash=29D47132E720956C60DFDC201682F250" class="c-image__img" alt="Abstract waves" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-grey-tone-agi-5"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> Two-Minute Tech </h3> <p class="c-copy c-agi-tile__text"> <p style="font-size:18px; line-height:24px;">Read the latest updates on our Two-Minute Tech series, covering the disruptive effects of new tech across the global economy.</p> <br /> <br /> <br /> <br /> <a id="disruptive-investments" style="scroll-margin: -100px;"></a> </p> <a class="c-link c-link--block c-link--icon" href="https://www.allianzgi.com/en/insights/two-minute-tech" target="_blank" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Two-Minute Tech"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">LEARN MORE</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> </div> </div> </div> <div class="c-ncarousel__pagination-row l-grid l-grid--no-gutters u-text-center u-margin-bottom-m"> <div class="c-ncarousel-one-line-pagination l-grid__row"> <div class="c-ncarousel__two-column__prev u-text-center u-hidden-small-down"> <span class="c-icon c-icon--arrow-left-slim u-hidden-small-down"></span> <span class="c-icon c-icon--arrow-left u-hidden-medium-up"></span> </div> <div class="c-ncarousel__pagination"></div> <div class="c-ncarousel__two-column__next u-text-center u-hidden-small-down"> <span class="c-icon c-icon--arrow-right-slim u-hidden-small-down"></span> <span class="c-icon c-icon--arrow-right u-hidden-medium-up"></span> </div> </div> </div> </div> </div> </div> </div> </div> <div class="l-container--full-width multi-column-wrapper four-column columns--positive " data-component="MultiColumnWrapper"> <div class="l-container l-container--no-gutters u-margin-top-m u-padding-top-m u-padding-bottom-m"> <div class="l-grid u-margin-top-m u-margin-bottom-m"> <div class="l-grid__row"> <div class="l-grid__column"> <p class="c-copy u-text-center domain"><h2 style="margin-top:-48px; margin-bottom:24px; text-align:center;">Learn more about disruptive investments</h2></p> </div> </div> <div class="l-grid__row align-items-stretch"> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="The politics of tech: what the US elections mean for Silicon Valley" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"The politics of tech: what the US elections mean for Silicon Valley"}'> <div class="c-agi-teaser__image t-bg-rich-blue-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/politics-of-tech" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"The politics of tech: what the US elections mean for Silicon Valley"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/shared/2024-hero-banners/1920x980-politics-of-tech.jpg?rev=b675d44b6ee549d48d8a0bdeee1162f1&la=en&h=980&w=1920&hash=E0D4CA5A1206CF0D7D2EB7B92B2BFF2C" class="c-image__img" alt="What the US elections mean for Silicon Valley" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-rich-blue-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> The politics of tech: what the US elections mean for Silicon Valley </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/politics-of-tech" target="" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"The politics of tech: what the US elections mean for Silicon Valley"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Discover more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="Investing in China’s State Owned Enterprises: A Deep Dive" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"Investing in China’s State Owned Enterprises: A Deep Dive"}'> <div class="c-agi-teaser__image t-bg-rich-petrol-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/investing-in-china-state-owned-enterprises" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Investing in China’s State Owned Enterprises: A Deep Dive"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/shared/2024-hero-banners/1920x980-investing-in-china-state-owned-enterprises-hero.jpg?rev=afd418d057314fe98c84db43bb21bca5&la=en&h=980&w=1920&hash=1ABC41FE05A7B0AC378933CF584C647C" class="c-image__img" alt="" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-rich-petrol-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> Investing in China’s State Owned Enterprises: A Deep Dive </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/investing-in-china-state-owned-enterprises" target="" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Investing in China’s State Owned Enterprises: A Deep Dive"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="Has the change in momentum put active investing back in the driving seat?" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"Has the change in momentum put active investing back in the driving seat?"}'> <div class="c-agi-teaser__image t-bg-vibrant-yellow-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/change-in-momentum" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Has the change in momentum put active investing back in the driving seat?"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/globalagi/editorial/change-in-momentum/1920x980-change-in-momentum-hero.jpg?rev=78c61bd02f6c40e4a358260d53a17f94&la=en&h=980&w=1920&hash=3D921F90BA4CE5B63F8C8FD8484B04E6" class="c-image__img" alt="" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-vibrant-yellow-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> Has the change in momentum put active investing back in the driving seat? </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/change-in-momentum" target="" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Has the change in momentum put active investing back in the driving seat?"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="Breaking down India’s budget: Prioritizing long-term structural measures over short-term stimulus" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"Breaking down India’s budget: Prioritizing long-term structural measures over short-term stimulus"}'> <div class="c-agi-teaser__image t-bg-rich-plum-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/breaking-down-indias-budget" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Breaking down India’s budget: Prioritizing long-term structural measures over short-term stimulus"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/globalagi/editorial/breaking-down-indias-budget/1920x980-breaking-down-indias-budget-hero.jpg?rev=0bc9deaf21824846b198922c54e55e0f&la=en&h=980&w=1920&hash=3FB7384B7F7855A388E5CB233578E48B" class="c-image__img" alt="" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-rich-plum-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> Breaking down India’s budget: Prioritizing long-term structural measures over short-term stimulus </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/breaking-down-indias-budget" target="" aria-label="Learn more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Breaking down India’s budget: Prioritizing long-term structural measures over short-term stimulus"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="Shifting world order: why the new geopolitical landscape matters for investors" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"Shifting world order: why the new geopolitical landscape matters for investors"}'> <div class="c-agi-teaser__image t-bg-vibrant-steel-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/shifting-world-order" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Shifting world order: why the new geopolitical landscape matters for investors"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/globalagi/editorial/shifting-world-order/allianz-global-investors-insights-shifting-world-order-kv.jpg?rev=48d89dd10ecf44c28e5c2414ccd9f906&la=en&h=768&w=1365&hash=9DFF1FEEAB0BB41A0E8D1A27FD5C1A3A" class="c-image__img" alt="" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-vibrant-steel-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> Shifting world order: why the new geopolitical landscape matters for investors </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/shifting-world-order" target="" aria-label="Learn more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Shifting world order: why the new geopolitical landscape matters for investors"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="Greening of China" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"Greening of China"}'> <div class="c-agi-teaser__image t-bg-vibrant-royal-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/greening-of-china" target="_blank" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Greening of China"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/globalagi/editorial/greening-of-china/1920x980-hero-photovoltaic-and-modern-city-skyline.jpg?rev=a3c0affd37f64f5fb9ca9e5d1e05f6e6&la=en&h=980&w=1920&hash=3984E9572468DFB7D973CDDC47328E40" class="c-image__img" alt="" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-vibrant-royal-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> Greening of China </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/greening-of-china" target="_blank" aria-label="Learn more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Greening of China"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="Unlocking the power of AI - the China way" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"Unlocking the power of AI - the China way"}'> <div class="c-agi-teaser__image t-bg-rich-green-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/unlocking-the-power-of-ai-the-china-way" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Unlocking the power of AI - the China way"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/globalagi/editorial/unlocking-the-power-of-ai-the-china-way/1920x980-unlocking-the-power-of-ai-the-china-way-hero.jpg?rev=ee8f99bf8f0f4c74a41974ab9ce90da5&la=en&h=980&w=1920&hash=6F9FA8B06D523BCBE754EF809A2C1EBE" class="c-image__img" alt="Unlocking the power of AI the China way" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-rich-green-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> Unlocking the power of AI - the China way </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/unlocking-the-power-of-ai-the-china-way" target="" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Unlocking the power of AI - the China way"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="Ten Reasons to invest in Indian Equities" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"Ten Reasons to invest in Indian Equities"}'> <div class="c-agi-teaser__image t-bg-rich-wine-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/ten-reasons-to-invest-in-indian-equities" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Ten Reasons to invest in Indian Equities"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/shared/2024-hero-banners/1920x980-ten-reasons-to-invest-in-indian-equities.png?rev=9ea7c634d8584702be126f256308f9eb&la=en&h=980&w=1920&hash=99399ED411EB5A7E85E6423A061A3C6C" class="c-image__img" alt="Ten Reasons to invest in Indian Equities" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-rich-wine-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> Ten Reasons to invest in Indian Equities </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/ten-reasons-to-invest-in-indian-equities" target="" aria-label="Learn more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Ten Reasons to invest in Indian Equities"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft tile--positive teaser--50-50" aria-label="Interview with Anand Gupta" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"Interview with Anand Gupta"}'> <div class="c-agi-teaser__image t-bg-rich-ocean-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/interview-with-anand-gupta" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Interview with Anand Gupta"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/shared/2024-teasers/564x317-teaser-businessman-crossing-the-street.jpg?rev=397f44358e3e40939efd1b2fef4854bd&la=en&h=317&w=564&hash=0F9C9BA1EBA929D820F476BB64D200B4" class="c-image__img" alt="image of businessman with baggage crossing the street while looking at cell phone." /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-rich-ocean-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> Interview with Anand Gupta </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/interview-with-anand-gupta" target="" aria-label="Learn more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Interview with Anand Gupta"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="What China’s transformation means for European companies" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"What China’s transformation means for European companies"}'> <div class="c-agi-teaser__image t-bg-vibrant-cyan-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/china-transformation-implication-european-companies" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"What China’s transformation means for European companies"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/globalagi/editorial/china-transformation-implication-european-companies/1920x980-china-transformation-implication-european-companies-hero.jpg?rev=dbd4f0107867479da307ef1069280e61&la=en&h=980&w=1920&hash=129D6EA49F5698A9DDB6D7459EFF65F0" class="c-image__img" alt="A bird's eye view of a freighter fully loaded with containers, blue sea and container harbour" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-vibrant-cyan-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> What China’s transformation means for European companies </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/china-transformation-implication-european-companies" target="" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"What China’s transformation means for European companies"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="How the trend to humanisation is shaping up Asia’s pet economy" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"How the trend to humanisation is shaping up Asia’s pet economy"}'> <div class="c-agi-teaser__image t-bg-rich-plum-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/humanisation-pets-asia" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"How the trend to humanisation is shaping up Asia’s pet economy"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/globalagi/editorial/humanisation-pets-asia/1920x980-humanisation-pets-asia-hero.jpg?rev=35c5b973138c4494947b80f47101035e&la=en&h=980&w=1920&hash=BB475F695BAF5A1DD3EECD4EEECEC0DD" class="c-image__img" alt="A cat in a coat sitting in a pet stroller" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-rich-plum-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> How the trend to humanisation is shaping up Asia’s pet economy </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/humanisation-pets-asia" target="" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"How the trend to humanisation is shaping up Asia’s pet economy"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="From pause to progression - Renewable energy to regain ground?" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"From pause to progression - Renewable energy to regain ground?"}'> <div class="c-agi-teaser__image t-bg-rich-butterscotch-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/renewables-regain-ground" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"From pause to progression - Renewable energy to regain ground?"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/shared/2024-hero-banners/1920x980-renewable-energy-to-regain-ground.jpg?rev=74790664c9034bce9f1c611835b6be44&la=en&h=980&w=1920&hash=B87FF4C3366C9BDAC35C0635B2173098" class="c-image__img" alt="Rotating onshore wind turbines, energy storage and solar panels on open space, cloudy sky" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-rich-butterscotch-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> From pause to progression - Renewable energy to regain ground? </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/renewables-regain-ground" target="" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"From pause to progression - Renewable energy to regain ground?"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="European Equities Outlook 2024" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"European Equities Outlook 2024"}'> <div class="c-agi-teaser__image t-bg-vibrant-steel-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/european-equities-outlook-2024" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"European Equities Outlook 2024"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/shared/2023-hero-banners/1920x980-sustainability-data-turning-the-tide.jpeg?rev=95fc9f7d1f2d4dbc893191a47d5aab39&la=en&h=980&w=1920&hash=17D82CB8A3310026D1A1561D86BB0C36" class="c-image__img" alt="Image illustrating large amount of sustainability data available " /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-vibrant-steel-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> European Equities Outlook 2024 </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/european-equities-outlook-2024" target="" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"European Equities Outlook 2024"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="The investment implications of a slimmer world" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"The investment implications of a slimmer world"}'> <div class="c-agi-teaser__image t-bg-vibrant-royal-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/the-investment-implications-of-a-slimmer-world" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"The investment implications of a slimmer world"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/shared/2024-hero-banners/1920x980-the-investment-implications-of-a-slimmer-world-hero.jpg?rev=75f17d06a7f34f5abac8a40e9f11bd77&la=en&h=980&w=1920&hash=8318D9FF0840CC861B7E0FFD3A1C471A" class="c-image__img" alt="The investment implications of a slimmer world" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-vibrant-royal-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> The investment implications of a slimmer world </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/the-investment-implications-of-a-slimmer-world" target="" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"The investment implications of a slimmer world"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="Red Sea disruption: impact by sector" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"Red Sea disruption: impact by sector"}'> <div class="c-agi-teaser__image t-bg-rich-green-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/red-sea-disruption" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Red Sea disruption: impact by sector"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/globalagi/editorial/red-sea-disruption/1920x980-red-sea-disruption-hero.jpg?rev=e19889f7410a428fb930a6d6ecaa70dd&la=en&h=980&w=1920&hash=4A6FEEF79089A43D45C21D7EE7DA630F" class="c-image__img" alt="Red Sea disruption: impact by sector" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-rich-green-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> Red Sea disruption: impact by sector </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/red-sea-disruption" target="" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Red Sea disruption: impact by sector"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="China Equity Outlook 2024 – A Strategic Crossroads" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"China Equity Outlook 2024 – A Strategic Crossroads"}'> <div class="c-agi-teaser__image t-bg-rich-wine-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/china-equity-outlook-2024" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"China Equity Outlook 2024 – A Strategic Crossroads"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/shared/2024-hero-banners/1920x980-china-equity-outlook-2024-hero.jpg?rev=9448358095f8417fbc1c98f3dae5384f&la=en&h=980&w=1920&hash=3E590C0D8BDEFC68A350807A3544B826" class="c-image__img" alt="China Equity Outlook 2024 – A Strategic Crossroads" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-rich-wine-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> China Equity Outlook 2024 – A Strategic Crossroads </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/china-equity-outlook-2024" target="" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"China Equity Outlook 2024 – A Strategic Crossroads"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="The pillars of premium brands’ price-setting power" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"The pillars of premium brands’ price-setting power"}'> <div class="c-agi-teaser__image t-bg-rich-butterscotch-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/premium-brands-price-setting-power" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"The pillars of premium brands’ price-setting power"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/shared/2023-hero-banners/1920x980-allianz-global-investors-premium-brands.jpg?rev=b2a0540604a24a13ae383035d4487405&la=en&h=980&w=1920&hash=C34ED3E5A12DAF32B1059E6D1085E97F" class="c-image__img" alt="A bright shining transparent diamond." /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-rich-butterscotch-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> The pillars of premium brands’ price-setting power </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/premium-brands-price-setting-power" target="" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"The pillars of premium brands’ price-setting power"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="Artificial Intelligence as a cross-topic driver in Thematica strategy" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"Artificial Intelligence as a cross-topic driver in Thematica strategy"}'> <div class="c-agi-teaser__image t-bg-rich-petrol-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/ai-in-thematica" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Artificial Intelligence as a cross-topic driver in Thematica strategy"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/globalagi/editorial/ai-in-thematica/1920x980-ai-in-thematica.jpg?rev=9f1f2c588b6c440fb929d5effce3f528&la=en&h=980&w=1920&hash=519AFBA462236E79AC5ED11EE08EAAE3" class="c-image__img" alt="An aisle with orange beams inclining to the right and mirroring on the floor" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-rich-petrol-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> Artificial Intelligence as a cross-topic driver in Thematica strategy </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/ai-in-thematica" target="" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Artificial Intelligence as a cross-topic driver in Thematica strategy"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="What the rise of generative AI means for investors" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"What the rise of generative AI means for investors"}'> <div class="c-agi-teaser__image t-bg-vibrant-berry-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/rise-of-generative-ai" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"What the rise of generative AI means for investors"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/globalagi/editorial/rise-of-generative-ai/1920x980-rise-of-generative-ai.jpg?rev=3daea06c223d44c89125df1a794c10de&la=en&h=980&w=1920&hash=D7932522DED576E40861D65548FD5907" class="c-image__img" alt="A torso of a man in a dark suit, his finger finger tipping on a tablet screen showing pie charts and bars, blurred industrial robots" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-vibrant-berry-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> What the rise of generative AI means for investors </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/rise-of-generative-ai" target="" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"What the rise of generative AI means for investors"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn more</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="Time to take a fresh look at tech?" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"Time to take a fresh look at tech?"}'> <div class="c-agi-teaser__image t-bg-vibrant-green-lightest" aria-hidden="true"> <a href="" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"Time to take a fresh look at tech?"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/globalagi/editorial/time-to-take-a-fresh-look-at-tech/1920x980-hero-time-to-take-a-fresh-look-at-tech.jpg?rev=d977efbc6d7f446296d137f945615657&la=en&h=980&w=1920&hash=794EA2C40D1773EA2FABA6D2AC750B70" class="c-image__img" alt="" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-vibrant-green-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> Time to take a fresh look at tech? </h3> <p class="c-copy c-agi-tile__text"> </p> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> <div class="c-agi-teaser align-tiles-imagetoLeft teaser--50-50" aria-label="The metaverse: is it real?" data-track-info='{"event":"TeaserTile","interaction":"impression","bannerName":"The metaverse: is it real?"}'> <div class="c-agi-teaser__image t-bg-rich-petrol-lightest" aria-hidden="true"> <a href="/en/insights/outlook-and-commentary/metaverse-is-it-real" target="" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"The metaverse: is it real?"}'> <figure class="c-image c-image--1dot8by1"> <img src="/-/media/allianzgi/globalagi/editorial/metaverse-is-it-real/metaverse-is-it-real.jpeg?rev=78c8cb7bf5ae460aa8094e0cf1566077&la=en&h=920&w=1920&hash=B62202636DF563CA45AF55B1E8585954" class="c-image__img" alt="A modern building" /> </figure> </a> </div> <div class="c-agi-teaser__content"> <div class="c-agi-tile t-bg-rich-petrol-lightest"> <div class="c-agi-tile__wrapper"> <div class="c-agi-tile__content"> <p class="c-copy c-agi-tile__tags"> </p> <h3 class='c-heading c-agi-tile__headline c-heading--link-black'> The metaverse: is it real? </h3> <p class="c-copy c-agi-tile__text"> </p> <a class="c-link c-link--block c-link--icon" href="/en/insights/outlook-and-commentary/metaverse-is-it-real" target="" aria-label="Discover more" data-track="teaserClick" data-track-info='{"event":"TeaserTile","interaction":"click","bannerName":"The metaverse: is it real?"}'> <span aria-hidden="true" class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text">Learn More</span> </a> </div> <div class="c-copy c-copy--medium c-agi-tile__author c-taglist"> </div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="l-container " data-component="general-content" > </div> <div class="component agi-general-content-rte " data-component="general-content" > <div class="l-container u-margin-top-xl u-margin-bottom-2m agi-rte"> <p style="margin:-48px 0 40px; text-align: center;"> <a href="https://www.allianzgi.com/en/insights/outlook-and-commentary?Topic=Investable%20Theme%20-%20Embracing%20Disruption" target="_blank" class="c-link c-link--block c-link--icon" style="font-size:18px!important; line-height:24px!important; text-transform:uppercase; letter-spacing:1px;"> <button class="c-button c-button--icon c-icon c-icon--arrow-right"> Read more </button> </a> </p> </div> </div> <div class="l-container " data-component="general-content" > </div> <div class="component agi-general-content-rte " data-component="general-content" > <div class="l-container u-margin-top-xl u-margin-bottom-2m agi-rte"> <h2 style="text-align: center; margin-bottom: -80px;"> Discover our investable themes </h2> </div> </div> <div class="l-container " data-component="general-content" > </div> <div class="component agi-general-content-rte " data-component="general-content" > <div class="l-container u-margin-top-xl u-margin-bottom-2m agi-rte"> <style> .c-icon-banner-image__wrap_them { width: 100vw; position: relative; margin-left: -50vw; height: auto; margin-top: 0px; left: 50%; padding: 30px 10vw; text-align: center; item-align: center; } .full-width-section_them { width: 100vw; position: relative; margin-left: -50vw; height: auto; margin-top: 0px; left: 50%; padding: 0px 0vw; text-align: center; item-align: center; } .first { width: 122px; height: 122px; margin: auto; background-image: url("-/media/AllianzGI/Shared/Icons/special/investable-themes-icons-2024/navigating-rates-empty.png"); background-repeat: no-repeat; background-size: 100%; } .c-tabs__nav__item.active .first, #d76c3709-b53a-4831-a0ce-e75c9cc8acbf_0:focus .first, #d76c3709-b53a-4831-a0ce-e75c9cc8acbf_0:hover .first { background-image: url("-/media/AllianzGI/Shared/Icons/special/investable-themes-icons-2024/navigating-rates-filled.png"); } .second { width: 122px; height: 122px; margin: auto; background-image: url("-/media/AllianzGI/Shared/Icons/special/investable-themes-icons-2024/embracing-disruption-empty.png"); background-repeat: no-repeat; background-size: 100%; } .c-tabs__nav__item.active .second, #d76c3709-b53a-4831-a0ce-e75c9cc8acbf_1:focus .second, #d76c3709-b53a-4831-a0ce-e75c9cc8acbf_1:hover .second { background-image: url("-/media/AllianzGI/Shared/Icons/special/investable-themes-icons-2024/embracing-disruption-filled.png"); } .third { width: 122px; height: 122px; margin: auto; background-image: url("-/media/AllianzGI/Shared/Icons/special/investable-themes-icons-2024/achieving-sustainability-empty-v2.png"); background-repeat: no-repeat; background-size: 100%; } .c-tabs__nav__item.active .third, #d76c3709-b53a-4831-a0ce-e75c9cc8acbf_2:focus .third, #d76c3709-b53a-4831-a0ce-e75c9cc8acbf_2:hover .third { background-image: url("-/media/AllianzGI/Shared/Icons/special/investable-themes-icons-2024/achieving-sustainability-filled-v2.png"); } .fourth { width: 122px; height: 122px; margin: auto; background-image: url("-/media/AllianzGI/Shared/Icons/special/investable-themes-icons-2024/transforming-infrastructure-empty.png"); background-repeat: no-repeat; background-size: 100%; } .c-tabs__nav__item.active .fourth, #d76c3709-b53a-4831-a0ce-e75c9cc8acbf_3:focus .fourth, #d76c3709-b53a-4831-a0ce-e75c9cc8acbf_3:hover .fourth { background-image: url("-/media/AllianzGI/Shared/Icons/special/investable-themes-icons-2024/transforming-infrastructure-filled.png"); } </style> <div class="full-width-section_them" style="background-color: #E1E9EB;"> <div class="l-container--full-width c-icon-tabs js-better-tabs"> <div class="c-tabs__nav c-icon-nav c-icon-banner-image__wrap_them" role="tablist" style="background-color: #E1E9EB;"> <div class="c-tabs__nav__item" data-track-info="{"event":"navHorizontalIcons","linkLabel":"China"}"> <label id="d76c3709-b53a-4831-a0ce-e75c9cc8acbf_0" data-content-id="tab-content-d76c3709-b53a-4831-a0ce-e75c9cc8acbf_0" aria-selected="true" for="" tabindex="-1" aria-controls="tab-content-d76c3709-b53a-4831-a0ce-e75c9cc8acbf_0" role="tab" class="c-tabs__label" style="margin-top: 32px;"> <div class="c-tabs__label__container animated animate__backInDown"> <div class="first"> </div> </div> </label> </div> <div class="c-tabs__nav__item active" data-track-info="{"event":"navHorizontalIcons","linkLabel":"Rates"}"> <label id="d76c3709-b53a-4831-a0ce-e75c9cc8acbf_1" data-content-id="tab-content-d76c3709-b53a-4831-a0ce-e75c9cc8acbf_1" aria-selected="true" for="" tabindex="-1" aria-controls="tab-content-d76c3709-b53a-4831-a0ce-e75c9cc8acbf_1" role="tab" class="c-tabs__label" style="margin-top: 32px;"> <div class="c-tabs__label__container animated animate__backInDown"> <div class="second" aria-selected="true" active="true"> </div> </div> </label> </div> <div class="c-tabs__nav__item" data-track-info="{"event":"navHorizontalIcons","linkLabel":"Sustainability"}"> <label id="d76c3709-b53a-4831-a0ce-e75c9cc8acbf_2" data-content-id="tab-content-d76c3709-b53a-4831-a0ce-e75c9cc8acbf_2" aria-selected="true" for="" tabindex="-1" aria-controls="tab-content-d76c3709-b53a-4831-a0ce-e75c9cc8acbf_2" role="tab" class="c-tabs__label" style="margin-top: 32px;"> <div class="c-tabs__label__container animated animate__backInDown"> <div class="third"> </div> </div> </label> </div> <div class="c-tabs__nav__item" data-track-info="{"event":"navHorizontalIcons","linkLabel":"Disruption"}"> <label id="d76c3709-b53a-4831-a0ce-e75c9cc8acbf_3" data-content-id="tab-content-d76c3709-b53a-4831-a0ce-e75c9cc8acbf_3" aria-selected="true" for="" tabindex="-1" aria-controls="tab-content-d76c3709-b53a-4831-a0ce-e75c9cc8acbf_3" role="tab" class="c-tabs__label" style="margin-top: 32px;"> <div class="c-tabs__label__container animated animate__backInDown"> <div class="fourth"> </div> </div> </label> </div> </div> <div class="c-tabs__content u-hidden" style="background-color: #B5C7CD; display: block; margin-top: 40px;"> <div id="tab-content-d76c3709-b53a-4831-a0ce-e75c9cc8acbf_0" class="c-tabs__content__item delayed animated fadeIn" aria-labelledby="item.TabId" role="tabpanel" tabindex="-1"> <div class="l-container " data-component="general-content"> </div> <div class="component agi-general-content-rte " data-component="general-content"> <div class="l-container u-margin-top-xl u-margin-bottom-2m agi-rte"> <div class="l-grid__column-medium-12 u-text-align-left"> <div class="l-grid__row align-items: center"> <div class="l-grid__column-large-6 l-grid__column-large-6 u-margin-bottom-1m"> <img style="" alt="Navigating Rates" src="/-/media/allianzgi/shared/investable-themes/2022/navigating-rates-564x317.jpg?rev=7fa477f6206d45e388684ff0a97f6560&hash=6CCA7F85B92CEE58D733AD3B1C123061" /> </div> <div class="l-grid__column-large-6 l-grid__column-large-6 u-margin-bottom-1m"> <h4 style="margin: 16px 0 16px;"> Navigating Rates </h4> <p class="body-one" style="margin-bottom: 16px;"> A dynamic approach is required as investors adapt to shifting interest rates, inflation expectations and exchange rates. Volatility will likely persist: while we expect monetary policy to become gradually less restrictive than in recent times, higher rates will likely uncover weak points as industries feel the impact of elevated borrowing costs. Visibility of how markets will develop remains limited, even in the short term, and expectations could be upended. But we are confident this environment also creates opportunities. <br /> Diversification is key – across public and private markets – and we have the ideas and expertise to navigate the complexity. </p> <p class="body-one" style=""> <a href="/en/investable-themes/rates" class="c-link c-link--block c-link--icon" letter-spacing:1px;"> <span class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text"> Learn more </span> </a> </p> </div> </div> </div> </div> </div> </div> <div id="tab-content-d76c3709-b53a-4831-a0ce-e75c9cc8acbf_1" class="c-tabs__content__item active delayed animated fadeIn" aria-labelledby="item.TabId" role="tabpanel" tabindex="-1"> <div class="l-container " data-component="general-content"> </div> <div class="component agi-general-content-rte " data-component="general-content"> <div class="l-container u-margin-top-xl u-margin-bottom-2m agi-rte"> <div class="l-grid__column-medium-12 u-text-align-left"> <div class="l-grid__row align-items: center"> <div class="l-grid__column-large-6 l-grid__column-large-6 u-margin-bottom-1m"> <img style="" alt="Embracing Disruption" src="/-/media/allianzgi/shared/investable-themes/2022/embracing-disruption-564x317.jpg?rev=9cc7a1a830754bbfba5fb8a1bc31ff5d&hash=BBA466B9213A56388093D2FCFB7C9073" /> </div> <div class="l-grid__column-large-6 l-grid__column-large-6 u-margin-bottom-1m"> <h4 style="margin: 16px 0 16px;"> Embracing Disruption </h4> <p class="body-one" style="margin-bottom: 16px;"> We think it’s time to recast traditional definitions of “disruption”. Once a story for the tech sector, disruption is now all-encompassing as artificial intelligence and other transformative technologies are used widely. <br /> While technology may be driving many of the changes, this new wave of disruption could shape many aspects of our daily lives. There are also geopolitical shifts to watch as China becomes preeminent in high-tech industries like electric cars and India positions itself as an emerging power. <br /> The implications of this new age of disruption will be profound and exponential, and together we can embrace the opportunities. </p> <p class="body-one" style=""> <a href="/en/investable-themes/disruption" class="c-link c-link--block c-link--icon" letter-spacing:1px;"> <span class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text"> Learn more </span> </a> </p> </div> </div> </div> </div> </div> </div> <div id="tab-content-d76c3709-b53a-4831-a0ce-e75c9cc8acbf_2" class="c-tabs__content__item" aria-labelledby="item.TabId" role="tabpanel" tabindex="-1" aria-hidden="aria-hidden"> <div class="l-container " data-component="general-content"> </div> <div class="component agi-general-content-rte " data-component="general-content"> <div class="l-container u-margin-top-xl u-margin-bottom-2m agi-rte"> <div class="l-grid__column-medium-12 u-text-align-left"> <div class="l-grid__row align-items: center"> <div class="l-grid__column-large-6 l-grid__column-large-6 u-margin-bottom-1m"> <img style="" alt="Achieving Sustainability" src="/-/media/allianzgi/shared/investable-themes/2022/achieving-sustainability-564x317.jpg?rev=5c0cfff41e3840328971e2bc92e68c70&hash=52817D2194B1039C5BA8C0B1500FBBD4" /> </div> <div class="l-grid__column-large-6 l-grid__column-large-6 u-margin-bottom-1m"> <h4 style="margin: 16px 0 16px;"> Achieving Sustainability </h4> <p class="body-one" style="margin-bottom: 16px;"> Sustainable investing is evolving rapidly. Increased flows rightly come with increased expectations of measurability and impact. The industry is on a journey: from a focus on ESG-led risk management to purposeful sustainability solutions and ultimately to impact investing strategies that contribute to measurable environmental or social benefits. <br /> We believe this direction of travel towards real-world change will be the long-term trend of the decade. With a considered approach to achieving sustainable outcomes, we are alongside you at the different stages of your journey, whatever your ambitions. </p> <p class="body-one" style=""> <a href="/en/investable-themes/sustainability" class="c-link c-link--block c-link--icon" letter-spacing:1px;"> <span class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text"> Learn more </span> </a> </p> </div> </div> </div> </div> </div> </div> <div id="tab-content-d76c3709-b53a-4831-a0ce-e75c9cc8acbf_3" class="c-tabs__content__item" aria-labelledby="item.TabId" role="tabpanel" tabindex="-1" aria-hidden="aria-hidden"> <div class="l-container " data-component="general-content"> </div> <div class="component agi-general-content-rte " data-component="general-content"> <div class="l-container u-margin-top-xl u-margin-bottom-2m agi-rte"> <div class="l-grid__column-medium-12 u-text-align-left"> <div class="l-grid__row align-items: center"> <div class="l-grid__column-large-6 l-grid__column-large-6 u-margin-bottom-1m"> <img style="" alt="Interpreting China" src="/-/media/allianzgi/shared/investable-themes/2024/transforming-infrastructure-564x317.jpeg?rev=88283005453f41ec982fae432cf9d93c&hash=345D923E4A366913C91679F39057392F" /> </div> <div class="l-grid__column-large-6 l-grid__column-large-6 u-margin-bottom-1m"> <h4 style="margin: 16px 0 16px;"> Transforming Infrastructure </h4> <p class="body-one" style="margin-bottom: 16px;"> Infrastructure is key for the development and smooth running of economies and societies, but much of the infrastructure needed tomorrow does not exist today. Private capital can play a crucial role in funding essential projects as huge investments are needed, especially for the transition to greener energy. <br /> Investors have many ways to enter this complex asset class and can pick their spot in the capital structure and the region or duration of the investment. <br /> With our expertise and market access we are working with investors today to transform the infrastructure of tomorrow. </p> <p class="body-one" style="display:none;">  <a href="/en/investable-themes/china" class="c-link c-link--block c-link--icon" letter-spacing:1px;"> <span class="c-link__icon c-icon c-icon--arrow-right"></span> <span class="c-link__text"> Learn more </span> </a> </p> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="l-container " data-component="general-content" > </div> <div class="component agi-general-content-rte " data-component="general-content" > <div class="l-container u-margin-top-xl u-margin-bottom-2m agi-rte"> <p class="note-one"> <strong> Investing involves risk. </strong> 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 document does not constitute investment advice or a recommendation to buy, sell or hold any security and shall not be deemed an offer to sell or a solicitation of an offer to buy any security. </p> <p class="note-one"> The views and opinions expressed herein, which are subject to change without notice, are those of the issuer or its affiliated companies at the time of publication. Certain data used are derived from various sources believed to be reliable, but the accuracy or completeness of the data is not guaranteed and no liability is assumed for any direct or consequential losses arising from their use. The duplication, publication, extraction or transmission of the contents, irrespective of the form, is not permitted. </p> <p class="note-one"> This material has not been reviewed by any regulatory authorities. In mainland China, it is for Qualified Domestic Institutional Investors scheme pursuant to applicable rules and regulations and is for information purpose only. This document does not constitute a public offer by virtue of Act Number 26.831 of the Argentine Republic and General Resolution No. 622/2013 of the NSC. This communication's sole purpose is to inform and does not under any circumstance constitute promotion or publicity of Allianz Global Investors products and/or services in Colombia or to Colombian residents pursuant to part 4 of Decree 2555 of 2010. This communication does not in any way aim to directly or indirectly initiate the purchase of a product or the provision of a service offered by Allianz Global Investors. Via reception of his document, each resident in Colombia acknowledges and accepts to have contacted Allianz Global Investors via their own initiative and that the communication under no circumstances does not arise from any promotional or marketing activities carried out by Allianz Global Investors. Colombian residents accept that accessing any type of social network page of Allianz Global Investors is done under their own responsibility and initiative and are aware that they may access specific information on the products and services of Allianz Global Investors. This communication is strictly private and confidential and may not be reproduced. This communication does not constitute a public offer of securities in Colombia pursuant to the public offer regulation set forth in Decree 2555 of 2010. This communication and the information provided herein should not be considered a solicitation or an offer by Allianz Global Investors or its affiliates to provide any financial products in Brazil, Panama, Peru, and Uruguay. In Australia, this material is presented by Allianz Global Investors Asia Pacific Limited (“AllianzGI AP”) and is intended for the use of investment consultants and other institutional/professional investors only, and is not directed to the public or individual retail investors. AllianzGI AP is not licensed to provide financial services to retail clients in Australia. AllianzGI AP is exempt from the requirement to hold an Australian Foreign Financial Service License under the Corporations Act 2001 (Cth) pursuant to ASIC Class Order (CO 03/1103) with respect to the provision of financial services to wholesale clients only. AllianzGI AP is licensed and regulated by Hong Kong Securities and Futures Commission under Hong Kong laws, which differ from Australian laws. </p> <p class="note-one"> This document is being distributed by the following Allianz Global Investors companies: Allianz Global Investors U.S. LLC, an investment adviser registered with the U.S. Securities and Exchange Commission; Allianz Global Investors Distributors LLC, distributor registered with FINRA, is affiliated with Allianz Global Investors U.S. LLC; Allianz Global Investors GmbH, an investment company in Germany, authorized by the German Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin); Allianz Global Investors (Schweiz) AG; in HK, by Allianz Global Investors Asia Pacific Ltd., licensed by the Hong Kong Securities and Futures Commission; ; in Singapore, by Allianz Global Investors Singapore Ltd., regulated by the Monetary Authority of Singapore [Company Registration No. 199907169Z]; in Japan, by Allianz Global Investors Japan Co., Ltd., registered in Japan as a Financial Instruments Business Operator [Registered No. The Director of Kanto Local Finance Bureau (Financial Instruments Business Operator), No. 424], Member of Japan Investment Advisers Association, the Investment Trust Association, Japan and Type II Financial Instruments Firms Association; in Taiwan, by Allianz Global Investors Taiwan Ltd., licensed by Financial Supervisory Commission in Taiwan; and in Indonesia, by PT. Allianz Global Investors Asset Management Indonesia licensed by Indonesia Financial Services Authority (OJK). </p> <p class="note-one"> 3043491 </p> </div> </div> </main>  <div class="l-container l-container--full-width t-bg-rich-blue-lightest" data-component="pre-footer" aria-hidden="true"> <div class="l-grid l-grid--max-width"> <div class="l-grid__row"> <div class="l-grid__column-12"> <div class="c-pre-footer"> </div> </div> </div> </div> </div> <div class="l-container l-container--full-width footer" data-component="footer"> <footer class="c-footer"> <div class="c-footer__container"> <div class="c-footer__navigation u-padding-bottom-4m"> <div class="l-grid l-grid--max-width u-background-inherit"> <div class="l-grid__row"> <div class="l-grid__column-medium-4"> <h6 class="c-heading c-footer__navigation-headline c-heading--subsection-xsmall"> <a href="/en/our-firm" >Our firm</a> </h6> <ul class="c-footer__navigation-list"> <li class="c-footer__navigation-item"> <a href="/en/our-firm/what-we-do" class="c-footer__navigation-link c-link" data-track="footer" >What we do</a> </li> <li class="c-footer__navigation-item"> <a href="/en/our-firm/our-history" class="c-footer__navigation-link c-link" data-track="footer" >Our history</a> </li> <li class="c-footer__navigation-item"> <a href="/en/our-firm/our-culture" class="c-footer__navigation-link c-link" data-track="footer" >Our culture</a> </li> <li class="c-footer__navigation-item"> <a href="/en/our-firm/inclusion-diversity" class="c-footer__navigation-link c-link" data-track="footer" >Diversity, equity & inclusion</a> </li> <li class="c-footer__navigation-item"> <a href="/en/our-firm/corporate-responsibility" class="c-footer__navigation-link c-link" data-track="footer" >Corporate responsibility</a> </li> <li class="c-footer__navigation-item"> <a href="/en/our-firm/art-on-climate" class="c-footer__navigation-link c-link" data-track="footer" >Art on climate</a> </li> <li class="c-footer__navigation-item"> <a href="/en/our-firm/sponsorships-partnerships" class="c-footer__navigation-link c-link" data-track="footer" >Sponsorships & Partnerships</a> </li> <li class="c-footer__navigation-item"> <a href="/en/our-firm/leadership" class="c-footer__navigation-link c-link" title="Our leadership team" data-track="footer">Our leadership team</a> </li> <li class="c-footer__navigation-item"> <a href="/en/our-firm/our-offices" class="c-footer__navigation-link c-link" title="Our offices" data-track="footer">Our offices</a> </li> </ul> </div> <div class="l-grid__column-medium-4"> <h6 class="c-heading c-footer__navigation-headline c-heading--subsection-xsmall"> <a href="/en/insights" >Insights</a> </h6> <ul class="c-footer__navigation-list"> <li class="c-footer__navigation-item"> <a href="/en/insights/allianz-global-investors-academy" class="c-footer__navigation-link c-link" data-track="footer" >Allianz Global Investors Academy</a> </li> <li class="c-footer__navigation-item"> <a href="/en/insights/outlook-and-commentary" class="c-footer__navigation-link c-link" data-track="footer" >Outlook & commentary </a> </li> <li class="c-footer__navigation-item"> <a href="/en/insights/sustainability-blog" class="c-footer__navigation-link c-link" title="Sustainability Now" data-track="footer">Sustainability Now</a> </li> <li class="c-footer__navigation-item"> <a href="/en/insights/the-china-briefing" class="c-footer__navigation-link c-link" title="The China Briefing" data-track="footer">The China Briefing</a> </li> <li class="c-footer__navigation-item"> <a href="/en/insights/two-minute-tech" class="c-footer__navigation-link c-link" title="Two-Minute Tech" data-track="footer">Two-Minute Tech</a> </li> <li class="c-footer__navigation-item"> <a href="/en/investable-themes" class="c-footer__navigation-link c-link" data-track="footer" >Investable Themes</a> </li> <li class="c-footer__navigation-item"> <a href="/en/investable-themes/rates" class="c-footer__navigation-link c-link" data-track="footer" >Navigating Rates</a> </li> <li class="c-footer__navigation-item"> <a href="/en/investable-themes/disruption" class="c-footer__navigation-link c-link" data-track="footer" >Embracing Disruption</a> </li> <li class="c-footer__navigation-item"> <a href="/en/investable-themes/sustainability" class="c-footer__navigation-link c-link" data-track="footer" >Achieving Sustainability</a> </li> </ul> </div> <div class="l-grid__column-medium-4"> <h6 class="c-heading c-footer__navigation-headline c-heading--subsection-xsmall"> <a href="/en/capability-landing" >Capabilities</a> </h6> <ul class="c-footer__navigation-list"> <li class="c-footer__navigation-item"> <a href="/en/capability-landing/equity" class="c-footer__navigation-link c-link" data-track="footer" >Equity</a> </li> <li class="c-footer__navigation-item"> <a href="/en/investable-themes/china" class="c-footer__navigation-link c-link" data-track="footer" >- China Investing</a> </li> <li class="c-footer__navigation-item"> <a href="/en/capability-landing/equity/systematic-equity" class="c-footer__navigation-link c-link" data-track="footer" >- Systematic Equity</a> </li> <li class="c-footer__navigation-item"> <a href="/en/capability-landing/fixed-income" class="c-footer__navigation-link c-link" data-track="footer" >Fixed Income</a> </li> <li class="c-footer__navigation-item"> <a href="/en/capability-landing/multi-asset" class="c-footer__navigation-link c-link" data-track="footer" >Multi Asset</a> </li> <li class="c-footer__navigation-item"> <a href="/en/capability-landing/private-markets" class="c-footer__navigation-link c-link" data-track="footer" >Private Markets</a> </li> <li class="c-footer__navigation-item"> <a href="/en/capability-landing/digital-investment-solutions" class="c-footer__navigation-link c-link" data-track="footer" >Digital Investment Solutions</a> </li> <li class="c-footer__navigation-item"> <a href="/en/capability-landing/development-finance" class="c-footer__navigation-link c-link" data-track="footer" >Development Finance</a> </li> <li class="c-footer__navigation-item"> <a href="/en/capability-landing/research" class="c-footer__navigation-link c-link" data-track="footer" >Research</a> </li> <li class="c-footer__navigation-item"> <a href="/en/capability-landing/risklab" class="c-footer__navigation-link c-link" data-track="footer" >risklab</a> </li> </ul> </div> <div class="l-grid__column-medium-4"> <h6 class="c-heading c-footer__navigation-headline c-heading--subsection-xsmall"> <a href="/en/sustainability" >Sustainability</a> </h6> <ul class="c-footer__navigation-list"> <li class="c-footer__navigation-item"> <a href="/en/sustainability/sustainable-investing" class="c-footer__navigation-link c-link" data-track="footer" >Sustainable Investing</a> </li> <li class="c-footer__navigation-item"> <a href="/en/sustainability/insights-on-sustainable-investing" class="c-footer__navigation-link c-link" data-track="footer" >Sustainability Insights</a> </li> <li class="c-footer__navigation-item"> <a href="/en/sustainability/policies-and-reporting" class="c-footer__navigation-link c-link" data-track="footer" >Policies and Reporting</a> </li> <li class="c-footer__navigation-item"> <a href="/en/sustainability/sustainability-report-2023" class="c-footer__navigation-link c-link" data-track="footer" >Sustainability and Stewardship Report 2023</a> </li> </ul> </div> <div class="l-grid__column-medium-4"> <h6 class="c-heading c-footer__navigation-headline c-heading--subsection-xsmall"> <a href="/en/press-centre" >Press centre</a> </h6> <ul class="c-footer__navigation-list"> </ul> </div> </div> </div> </div> <div class="c-footer__social u-hidden-small-down u-margin-top-l" data-optanoncategory="4"> <a class="c-footer__social-link" href="https://www.youtube.com/user/internetteamagi?feature=results_main" title="YouTube" aria-label="YouTube" target="_blank"><i class="c-icon c-icon--2x c-icon--Youtube2" aria-hidden="true"></i></a> <a class="c-footer__social-link" href="https://www.linkedin.com/company/allianz-global-investors" title="LinkedIn" aria-label="LinkedIn" target="_blank"><i class="c-icon c-icon--2x c-icon--LinkedIn" aria-hidden="true"></i></a> </div> <div class="c-footer__tagline u-hidden-small-down l-container"> <div class="u-text-align-center c-copy t-grey-tone-3 agi-rte u-margin-top-l"> <h5><span class="font12" style="font-size: 13px;"><span class="font14"><span class="font16">Allianz Global Investors is comprised of the <a href="/en/affiliates">AllianzGI Affiliated Entities</a> worldwide. Product availability will vary by jurisdiction.</span></span></span></h5> </div> </div> <hr class="c-divider c-divider--compact c-footer__divider" aria-hidden="true" /> <div class="c-footer__service"> <div class="l-grid__row c-footer__logo"> <div class="l-grid__column-12" tabindex="0"> <figure class="c-image "> <img class="c-image__img" alt="useful description of image if informative and not decoration only." src="" /> </figure> </div> </div> <div class="c-footer__legal"> <a href="/en/credits" class="c-footer__legal-link c-link" data-track="footer" >Credits</a><a href="/en/privacy-principles/website" class="c-footer__legal-link c-link" data-track="footer" >Privacy Principles</a><a href="/en/terms-of-use" class="c-footer__legal-link c-link" data-track="footer" >Terms Of Use</a><a href="/en/ariba" class="c-footer__legal-link c-link" data-track="footer" >Ariba Network</a><a href="/en/sitemap" class="c-footer__legal-link c-link" data-track="footer" >Sitemap</a> </div> <div class="c-footer__copyright"> <small class="c-copyright">© Allianz Global Investors GmbH 2024. All Rights Reserved.</small> </div> <div class="c-footer__social u-hidden-medium-up"> <a class="c-footer__social-link" href="https://www.youtube.com/user/internetteamagi?feature=results_main" title="YouTube" aria-label="YouTube" target="_blank"><i class="c-icon c-icon--2x c-icon--Youtube2" aria-hidden="true"></i></a> <a class="c-footer__social-link" href="https://www.linkedin.com/company/allianz-global-investors" title="LinkedIn" aria-label="LinkedIn" target="_blank"><i class="c-icon c-icon--2x c-icon--LinkedIn" aria-hidden="true"></i></a> </div> <div class="c-footer__tagline u-hidden-medium-up"> <div class="u-text-align-center c-copy t-grey-tone-3"> <h5><span class="font12" style="font-size: 13px;"><span class="font14"><span class="font16">Allianz Global Investors is comprised of the <a href="/en/affiliates">AllianzGI Affiliated Entities</a> worldwide. Product availability will vary by jurisdiction.</span></span></span></h5> </div> </div> </div> <section class="component footer-disclosure-content"> <div class="l-container"> <div class="l-grid__row"> <div class="l-grid__column-12 c-copy c-copy--small t-grey-tone-3"> <p> </p> </div> </div> </div> </section> <a class="c-button-crc c-icon c-icon--arrow-up c-button--link back-to-top"></a> </div> </footer> </div> <div class="spinner-wrapper"> <div class="lds-spinner"> <div></div> <div></div> <div></div> <div></div> <div></div> <div></div> <div></div> <div></div> <div></div> <div></div> <div></div> <div></div> </div> </div> <div id="agi-global-overlay-modal" class="component agi-overlay-modal modal fade c-overlay js-overlay" tabindex="0" role="region" data-backdrop="static" data-keyboard="true"> <div class="c-overlay__dialog" role="alertdialog" aria-describedby="globalModalContentId" aria-modal="true" aria-label="modal body"> <span class="c-overlay__close c-icon c-icon--close c-icon--s" data-dismiss="modal" aria-label="Close"></span> <div class="c-overlay__body" id="globalModalContentId"> <div class="l-grid l-grid--no-gutters"> <div class="l-grid__row"> <div class="l-grid__column-12 u-padding-none"> <h3 class="c-heading u-text-center u-margin-bottom-xs u-text-weight-light"> <span class="modal-title">Allianz Global Investors</span> </h3> <div class="modal-body c-copy u-text-center u-margin-bottom-5xs"></div> </div> </div> </div> <div class="l-grid__row modal-footer hide"> <div class="l-grid__column-12 u-text-center" data-dismiss="modal"> <button type="button" class="btn-continue c-button c-button--secondary c-overlay__button">Continue</button> <button type="button" class="btn btn-default btn-default-modal c-button c-overlay__button" data-dismiss="modal">Stay Here</button> </div> </div> </div> </div> </div> <div id="externalLinkOverlay" class="c-overlay js-overlay" tabindex="0" role="region" aria-label="External Links Alert"> <div class="c-overlay__dialog" role="alertdialog" aria-describedby="externalLinkModalContentId" aria-modal="true" aria-label="modal body"> <span class="c-overlay__close c-icon c-icon--close c-icon--s" data-dismiss="modal" aria-label="Close"></span> <div id="externalLinkModalContentId" class="c-overlay__body"> <div class="l-grid l-grid--no-gutters"> <div class="l-grid__row"> <div class="l-grid__column-12 u-padding-none"> <h3 class="c-heading u-text-center u-margin-bottom-xs u-text-weight-light"> Allianz Global Investors </h3> <div class="c-copy u-text-center u-margin-bottom-5xs title-pre-text-rebrand"> You are leaving this website and being re-directed to the below website. This does not imply any approval or endorsement of the information by Allianz Global Investors Asia Pacific Limited contained in the redirected website nor does Allianz Global Investors Asia Pacific Limited accept any responsibility or liability in connection with this hyperlink and the information contained herein. Please keep in mind that the redirected website may contain funds and strategies not authorized for offering to the public in your jurisdiction. Besides, please also take note on the redirected website’s terms and conditions, privacy and security policies, or other legal information. By clicking “Continue”, you confirm you acknowledge the details mentioned above and would like to continue accessing the redirected website. Please click “Stay here” if you have any concerns. </div> <p class="c-copy u-text-center"> <span class="domain"></span> </p> </div> </div> <div class="l-grid__row"> <div class="l-grid__column-12 u-text-center" data-dismiss="modal"> <button role="button" class="c-button c-button--secondary c-overlay__button">Stay Here</button> <button role="button" href="#" title="Continue" class="c-button c-overlay__button btn-overlay-close btn-submit">Continue</button> </div> </div> </div> </div> </div> </div> <script>var domainValues = "https://www.allianzgi.com;https://www.allianzglobalinvestors.de;www.allianzglobalinvestors.de;http://www.allianzglobalinvestors.de;https://academy.allianzgi.com;allianzgi.com;;www.allianzgi.com"</script> <div class="l-container agi-overlay-modal modal" id="agi-twitter-overlay" tabindex="-1" role="dialog" data-backdrop="static" data-keyboard="false" data-showmodal="true" data-region="true"> <div id="twitterOverlay" class="c-overlay js-overlay" tabindex="0" role="region" aria-label="Twitter Cookie Preference"> <div class="c-overlay__dialog" role="alertdialog" aria-describedby="twitterModalContentId" aria-modal="true" aria-label="modal body"> <span class="c-overlay__close c-icon c-icon--close c-icon--s" data-dismiss="modal" aria-label="Close"></span> <div id="twitterModalContentId" class="c-overlay__body"> <h4 class="component-title u-text-align-center c-heading c-agi-tile__headline c-heading--link-black"> External Twitter Content </h4> <p class="desc c-copy c-agi-tile__text u-text-align-center agi-rte"> This Twitter component is loaded through Twitter . Google is collecting information about your interaction with this Twitter by using cookies and may use this for targeting their offers. Please accept cookies in order to show the video. </p> <button class="c-button optanon-toggle-display" data-component-id="root/parsys/wrapper/wrapper/onetrust_cookie_sett"> Manage My Cookie Preferences </button> </div> </div> </div> </div><div class="l-container agi-overlay-modal modal" id="agi-rememberme-overlay" tabindex="-1" role="dialog" data-backdrop="static" data-keyboard="false" data-showmodal="true" data-region="true"> <div id="rememberMeOverlay" class="c-overlay js-overlay" tabindex="0" role="region" aria-label="Remember Me Cookie Preference"> <div class="c-overlay__dialog" role="alertdialog" aria-describedby="rememberMeModalContentId" aria-modal="true" aria-label="modal body"> <span class="c-overlay__close c-icon c-icon--close c-icon--s" data-dismiss="modal" aria-label="Close"></span> <div id="rememberMeModalContentId" class="c-overlay__body"> <h4 class="component-title u-text-align-center c-heading c-agi-tile__headline c-heading--link-black"> Remember Me Cookie Dependent Disclosure </h4> <p class="desc c-copy c-agi-tile__text u-text-align-center agi-rte"> This Twitter component is loaded through Twitter . Google is collecting information about your interaction with this Twitter by using cookies and may use this for targeting their offers. Please accept cookies in order to show the video. </p> <button class="c-button optanon-toggle-display" data-component-id="root/parsys/wrapper/wrapper/onetrust_cookie_sett"> Manage My Cookie Preferences </button> </div> </div> </div> </div> <script src="/assets/js/vendor.bundle.js?v=001aae52e2c689f42a0cb249f09a47f0" defer></script> <script src="/assets/js/application.js?v=26bdf778d0b56d82ee95708c8088ac3c" defer></script> <script type="text/javascript" src="//sadmin.brightcove.com/js/BrightcoveExperiences.js" defer></script> </body> </html>

CINXE.COM

Disruptive investments | AllianzGI