Allianz Investment: Maintain investment in the face of market volatility. Positive outlook on British and Japanese stocks, the Japanese yen, European bonds, and gold.

Greg Hirt, Chief Investment Officer of Allianz Global Investors, stated that in the context of increased market volatility and uncertainty, investors should stay invested. Although it may take some time for the market to calm down, the current stock market fluctuations are actually in line with past market corrections, and historically, markets tend to experience strong recoveries after major sell-offs. Furthermore, with current inflation above average levels and potentially rising in the future, the purchasing power of idle funds is likely to decrease. He recommends seeking new diversified investment opportunities, including UK and Japanese stocks, which have been boosted by the easing of US tariff policies. He also prefers value stocks over growth stocks, as the former's stock prices are attractively discounted relative to their intrinsic value. Additionally, as the yield on Japanese 10-year government bonds steadily rises, more domestic investors are starting to switch from US bonds to Japanese assets, further strengthening the yen. He also believes that European bonds will benefit from investors' positive positioning in the coming months, especially with many European countries expected to significantly increase defense spending after 2026. He maintains a positive view on gold, as its long-term value is supported by central bank purchases and retail demand.