US might not provide dependable funding, capital might pivot to extra secure jurisdictions | Forexlive

Allianz Global Investors, USD650bn underneath administration, is cautious of US funding:

• “For investors, the message is clear: The US may no longer offer the reliable investment runway it did just months ago.”
• “Project economics, supply-chain commitments, and capital flows may now pivot toward more stable jurisdictions like Canada or the EU, unless clarity is quickly restored.”

Bloomberg (gated) carries the story. Bloomberg is gated however the ‘in a nutshell’ message from Allianz is that “European asset managers nonetheless need to take care of a brand new stage of uncertainty and volatility that will finally power them to show elsewhere”.

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I doubt that is going to shock anybody. When you might be managing cash you will have an obligation to make sure capital preservation as wager you may, in addition to return on funding. Chaotic coverage making is just not serving to with this.