PROJECT M

Looking for new insights and fresh ideas on asset management and international pensions? PROJECT M, the stakeholder magazine from Allianz Global Investors, features compelling articles, in-depth research and thought-provoking viewpoints by leading figures. Published three times a year, PROJECT M covers – and helps set the agenda on – topics of concern for the industry.

#04 BACK TO WHICH FUTURE?

Predicting the future is a dangerous game. Everyone remembers your errors, few your foresight. So, in this edition we are NOT indulging in forecasts. But we have spoken with leading financial and investment experts who have shared their views on how the world will develop in the short to mid-term. Are we entering a "new normal" as Mohamed El-Erian explains, or will we experience more of the same old? According to Prof. Avinash Persaud, this is the 85th major financial crisis, so while recognizing that there is a distinct pattern, one could hope that we could learn how to mitigate their severity. And we've also turned to experts in the fields of demography, climate change, economics, system theory and innovation for their views > more...

#03 SPENDING IT WISELY

It's the challenge we face in the years ahead as changing demographics plus social and financial pressures remove many of the certainties – perhaps "expectations" would be a better word – that have surrounded retirement for the past 50 years. In this edition, we discuss the topic with noted analysts and professors, such as Olivia S. Mitchell from Whartons, Zvi Bodie from Boston University, David Blake from the Cass Business School in London, as well as Dallas Salisbury from the EBRI. Brent Harris from PIMCO discusses the notion of sustainable spending and Jacques Attila passionately argues the case for microfinance > more...

#02 WHO'S RESPONSIBLE?

You’ll hear this asked often as the world works through the financial mess. And it will also be raised during the UN summit in December, an event designed to broker an effective global deal on carbon emissions. PROJECT M examines the growing Socially Responsible Investing community and the opportunities emerging from the global crisis. Al Gore talks about LOHAS and Prof. Friedrich Müller discusses the social implications of a longer working life on those in physically demanding positions. Contributors include Achim Steiner (Director General, UNEP) and Heribert Karch from Metallrente, one of Germany’s fastest growing pension fund managers > more...

#01 BE BRAVE

For long-term investors, is there another option? With global markets in turmoil, investors are nervous, but there are reasons to remain positive. This issue on risk management investigates the financial crisis, examines it cause and outlines strategies that can assist. Noted thought-leaders include Roderick Munsters, CIO of the All Pensions Group, Franklin Allen, Professor of Finance at Wharton, and Mohamed El-Erian from PIMCO. James Wolfensohn, former head of the World Bank, makes a strong argument and heartfelt plea why Africa should not be forgotten > more...