Allianz Research

Powering ahead:
Global Wealth Report 2025

Can 5G reignite the smartphone industry?

The rollout of 5G won’t be enough to kickstart a new era of “peak smartphone” in North America and Western Europe. China’s experience shows that users appreciate 5G, but will not rush for it.

European Central Bank: Last dove standing?

Despite large inflation upside surprises since the last policy meeting, with the January HICP release registering the largest upside surprise ever, we think the ECB will maintain its monetary policy stance—for now. Supply-side effects, especially energy prices, are still the key inflation drivers while second-round effects—inflation expectations and wage growth—remain moderate.

Allianz Pension Report: Latam special 2022

The results of our Allianz Pension Indicator, which assesses how prepared global pension systems are for demographic change, show that despite some recent reforms, the sustainability and adequacy of Latin America’s pension systems have hardly changed within the last two years.