News and Research

News and Research

PIMCO

Redwheel: Risk systems are telling investors to do the opposite of what they need to do

Matteo Anelli
19 March 2026
Nick Clay warns that benchmark-focused risk frameworks are pushing investors towards concentrated, expensive positions just when diversification matters most.
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What the demise of ‘Bazball’ can tell us about equity investing

Tobias Bucks
19 March 2026
There’s something to be said for an approach that genuinely aims to eliminate missteps rather than accepting they’re part and parcel of how the game is played.
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Bank of England and Federal Reserve hold rates as Iran conflict weighs on rate cut hopes

Jonathan Jones
19 March 2026
"The committee will continue to monitor closely the situation in the Middle East," the Bank said in a statement.
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Editor's Pick

Special Report:
Best Styles investing with Allianz

Allianz Global Investors
Five styles. One goal: A more consistent equity core
Value, momentum, revisions, growth and quality all have evidence behind them — and all can disappoint for years.
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From 30,000 stocks to 292 holdings: How Best Styles finds needles in a haystack
Selecting roughly 300 stocks from a universe of more than 30,000 involves a number of possible combinations that exceeds the atoms in the observable universe.
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The hidden cost of single-factor investing and AllianzGI's 25+ year solution
Factor investing has a compelling long-run case. What the data does not always make clear is how long investors may have to wait to benefit and how much can go wrong in the meantime.
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What a particle physicist can teach us about investing
Before Dr Michael Heldmann built one of the most consistent track records in systematic equity investing, he was searching for the fundamental building blocks of matter at CERN.
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Allianz Best Styles has been using AI since 2007 (not since ChatGPT)
When ChatGPT launched in 2022, asset managers rushed to explain how they were embracing artificial intelligence.
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Tulips, toilet paper and the Magnificent Seven: Why human instincts make terrible investment decisions
The biases that drive investors to buy at the top, panic at the bottom and concentrate in what is already popular are features of human cognition...
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