As Brazil overtakes the UK as the world's sixth largest economy, Maria Merricks looks at the key drivers behind its investment potential.
A downgrade of Italy's credit rating by one of the major ratings agencies would come as "no surprise", according to Allianz Global Investors' chief investment officer Neil Dwane.
German insurer Allianz has seen profits fall 80% in the third quarter as the impact of investments in European banks, and Greece, impacted returns.
Allianz Global Investors has unveiled its second renminbi fund which aims to offer investors exposure to the expected appreciation of the currency.
Allianz Global Investors has warned European growth will not return to pre-credit crisis levels for years to come.