AllianzGI CIO Says EU Should Pressure Trump With Volatility (1)

European policymakers should fuel market turbulence to pressure US President Donald Trump to back down from his Greenland claim, according to a senior executive at Allianz Global Investors.

“If I were an adviser to some European governments, I would say you almost need to create a little bit of market volatility because Donald Trump cares about that a lot, probably more than other politicians,” said Michael Krautzberger, the chief investment officer for public markets at the Allianz SE subsidiary, which manages €580 billion ($680 billion) in assets.

Retaliatory measures that create financial turbulence could encourage Trump to make ...