Products & Services
Search
Products & Services
  
Allianz Research

Allianz Global Wealth Report 2025: Powering ahead

Click here to download the report as PDF

All chapters

Executive summary

Read more

Financial assets: powering ahead

Read more

Liabilities: No recovery

Read more

Real estate: Bottoming out

Read more

Distribution: No progress

Read more

Appendices

Read more

Our team

Read more

Key contacts and links

General Inquiries
  

Show contacts

Economic Research
  

Show contacts

Investor Relations
  

Show contacts

Press
  

Show contacts
External IFrame Content

This IFrame contains external resources. The provider may be collecting information about your interaction with this content by using cookies and may use this for targeting their offers. Please accept cookies in order to show the IFrame.

 

All publications

   

The price of political fragility

Political fragility is now a key driver of European sovereign bond risk, particularly ahead of the 2027 elections in France and Italy. Since QE ended, it has significantly increased borrowing costs and could keep bond spreads elevated.

Trade war 3.0: A new, lasting tariff wall

With Section 122's flat 10% tariff expiring on 24 July, the switch to Section 301 and Section 338 tariffs will send the US average import tariff back above 2025's IEEPA-era level to 12.4%, up from a May low of 7.7%. 

Cash at risk: Inventories are driving a new cycle of working capital strain

The global cash conversion cycle (CCC) rose again in 2025 — and it is stuck at a high plateau.

640 releases in total