1. Corrina Xiao
Allianz Global Investors
Allianz Global Investors Taiwan
Total points: 330
Eligibility for rating in the past five years (%): 100
% of time rated since eligible: 100
‘Equal treatment for women and men is a fundamental principle of human rights,’ said Corrina Xiao, head of Taiwan equity investment at Allianz Global Investors. ‘We have to give everyone the same opportunities and make our industry more attractive for women.’
Xiao said Taiwan leads in Asia when it comes to gender equality, partly due to the high proportion of women in politics in the state. Allianz, she said, is also committed to diversity and fostering an inclusive workforce that benefits all its employees.
She added Taiwan is a good market to be in. ‘Beyond assembly, Taiwan does technology. Taiwan Semiconductor is the bedrock of future technology.’
But the biggest challenge, she said, is uncertainty. ‘Trade uncertainty has impacted global trade much more than tariffs via investment, consumption, inventories and prices.’
But this does not seem to have negatively impacted her performance, which has earned her the top spot in our Alpha Female Awards. She said her team-based investment process and active management approach have been the main drivers for strong performance.
‘With our strength in fundamental stock selection, active management allows us to look for tomorrow’s winners, whose growth potential is not yet adequately reflected in prices.’
Conversely, passive investment, she said, is backward-looking. ‘It tracks the world of yesterday.’
‘This means that, as prices rise, the weighting of the sector in the portfolio increases. As a result, passive management tends to be pro-cyclical.’