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.

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Executive Summary

Financial assets: annus horribilis

Liabilities: long-term stability

Distribution: No progress

Appendices

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All publications

Jul 02, 2026

Credit risk relocated, not removed: Newton’s cradle transmitting risk across BBB, HY, and private credit

US credit looks calm on the surface – spreads tight, headline growth cheerful – but the risk has simply migrated.

Jul 01, 2026

Low earth, high stakes: The LEO satellite race between AI demand and geopolitical fragmentation

SpaceX’s record-breaking IPO puts a public price on a conviction private investors already hold: space is a durable investment vertical, not a passing cycle.

Jun 30, 2026

Code, carbon, kilowatts: AI’s hidden toll and the race to green the grid

Data-center investment reached USD580bn in 2025, putting AI on track to become one of the world's fastest-growing sources of electricity demand.

634 releases in total

Hall of Minds

Earnings release 1Q 2026

Allianz Careers

Sustainability at Allianz: On a joint path

Allianz Global Insurance Report 2026: The Future of Insurance in a Fragmenting World

Allianz Global Wealth Report 2023:
The next chapter

Table of contents

Executive Summary

Financial assets: annus horribilis

Liabilities: long-term stability

Distribution: No progress

Appendices

Our Team