AllianzGI's Dwane: 'Let's resolve to build a new business model'

Could 'fix a host of failings'

Neil Dwane, global strategist at Allianz Global Investors, discusses the lessons learned from 2017 and what investors can do to ensure the sustainable long-term growth of their holdings.

The New Year is traditionally the time when we make resolutions to address our bad habits and shortcomings. Perhaps it is time for corporations and shareholders to make their own pledge: to design a more sustainable long-term business model that emphasises transformative research and development. In recent years, investors have grown enamoured of FANG firms - Facebook, Amazon, Netflix, Google - and other mostly tech-driven disruptors. Their phenomenal investment returns have pushed financial markets to all-time highs, helped along by an unprecedented environment of sustained low inter...