Allianz Research

Allianz Global Wealth Report 2024:
Surprising relief

Wealth without pensions in Asia

Total gross financial assets in Asia reached a new record high, but the share of life and pension assets in private households’ portfolios kept declining. Total gross financial assets increased by +9.4% and reached a new record high of EUR62.4trn in 2021, 25% above the corresponding figure for Europe. 

Economic Outlook 23-24: Keep calm and carry on

Since our last quarterly economic update in September, the deteriorating energy crisis and a challenging policy mix have confirmed our forecast of slowing growth, sticky inflation and rising interest rates.

The economics of war, (and its aftermath)

Between the end of World War II in May 1945 and Russia’s attack on Ukraine in February 2022, Europe has enjoyed an exceptionally long period of peace on its soil: 77 years.