Allianz GI's Dwane: 'The hard yards of Brexit are ahead of us'

Says political risk has heightened

Neil Dwane, global strategist at Allianz Global Investors, has listed three main issues the asset management industry should be concerned about, including political risk, which are now "on the agenda, thanks to Brexit".

Speaking at the group's media conference in Frankfurt, Dwane said Allianz GI's central view is we are still in a "world of financial repression", with growth and inflation set to remain subdued and central banks to keep interest rates low. He said in today's uncertain environment, the three issues the industry should focus on are political risk, negative interest rates, and whether or not Europe could be "the next Japan". "Political risk is on the agenda thanks to Brexit. We are now moving towards a more populist environment, almost globally," he said. "The investment consequences of ...