New commentary from Allianz Global Investors discussed investing themes for the remainder of 2018. After a strong first half to 2017 for equities, the message for the remainder of the year is to look for returns more carefully in the second half. The “country factor” will be key: Investors can no longer rely on a rising tide of cyclical data to lift all boats. The EU and Japan should strengthen while the US, China and the UK slow or stall.

Allianz Global Investors: Mid-Year Outlook – Be More Selective in the Second Half