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Allianz Global Wealth Report 2026

A double-edged code – How AI is reshaping the global wealth landscape

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All chapters

Executive summary

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Financial assets: 2025 sets a fresh record

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Liabilities: Borrowing remains subdued

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Real estate: A hesitant recovery

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Distribution: New wealth, old divides

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Appendices

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Our team

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Happy Labor Day? How geopolitics, immigration and AI will reshape work

US and Eurozone labor markets appear to be in good shape, with headline unemployment rates near historic lows. But three strong undercurrents (immigration policy, the energy-price shock and AI) are churning beneath the calm surface. 

Staycation summer? Jet-fuel crunch reshapes the peak holiday season

The Middle East crisis is squeezing airlines’ jet-fuel supplies. Unlike previous oil crises, the main bottleneck lies in refining capacity and product logistics. 

Energy shock and policy response: Once bitten, twice shy?

The current energy shock is fundamentally a supply disruption, not just a price event, with Asia most at risk. 

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