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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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Italy: A strong setback at the end of the year

Preliminary GDP in Q4 came out significantly below expectations at -0.3% qoq. If this figure is confirmed, real growth in Italy will have stagnated in 2019.

France: The cost of division on economic growth

French GDP declined by -0.1% q/q in Q4 2019, below expectations.. Household consumption decelerated at 0.2% q/q in Q4 2019 compared with 0.4% q/q in Q3.

Mexico: The great flattening

Q4 2019 Mexico’s GDP growth came in unchanged from Q3, which confirms our view that it has escaped technical recession, yet remaining flat for the second half of the year.

653 releases in total