Allianz Research

Allianz Global Wealth Report 2023:
The next chapter

2022 was a turning point, both politically and economically. Whether it also marked a turning point for financial assets will certainly only become clear in retrospect. 

Variable geometry for European trade: Building resilience and diversification

In line with the European Commission’s competitiveness agenda, trade policy needs to be reframed as an instrument of economic security and geopolitical leverage.

Schroedinger’s tariffs

The US Supreme Court dismantled the most cost-effective tariff instrument, but not the new tariff regime overall. 

Private equity in transition: from distribution drought to selective recovery

Private equity is at a critical inflection point. Exit activity rebounded strongly in 2025, with global deal value reaching USD905bn.