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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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European Banks: Could EUR300bn of additional NPLS crunch the recovery?

A Faustian bargain to limit short-term economic pain: Since the onset of Covid-19, policymakers have taken swift and unprecedented action.

COVID-19: Contagion risks also apply to markets

The Covid-19 crisis caused one the most severe financial market turmoil of the last hundred years. A historic slump was followed by a historic rally.

Coping with Covid-19 in different ways

The light and targeted lockdowns to fight the second wave of Covid-19 infections will constrain the pace of recovery. We expect global GDP to contract by -4.7% in 2020, followed by growth of +4.8% in 2021. 

652 releases in total