Every year since 2008, Allianz Global Wealth Report puts the asset and debt situation of households in more than 50 countries under the microscope.
It includes data and a comparative analysis about the development of households’ gross and net financial assets from 2008 onwards, globally, in advanced and emerging economies, by main geographical regions (North America, Oceania, Western Europe, Japan, Eastern Europe, Latin America and Asia ex-Japan), and countries.
It provides an in-depth analysis of how the dynamics of financial markets and inflation impact on the financial assets growth.
It also contains data on the evolution of asset classes as percentage of gross financial assets, globally, by region, and per country.
It also gives a look into the development of households’ liabilities at a global, regional and country level, and provides a comparative analysis.
This analysis is done each year which makes it a very useful publication that provides guidance on the households’ financial situation of major regions and countries know their differences and understand its main dynamics and determinants.
Furthermore, it chooses every year a main special theme to explore, and the growth of the middle class worldwide in the last 20 years was the topic of the 2019 edition (the topic of 2018 was the sustainability of households’ debts).
The Allianz Group is one of the world’s leading insurers and asset managers with more than 100 million retail and corporate customers in more than 70 countries. Allianz is one of the world’s largest investors, managing around 754 billion euros on behalf of its insurance customers. Furthermore, their asset managers PIMCO and Allianz Global Investors manage almost 1.7 trillion euros of third-party assets.