low yields

Private financial assets fell by 0.1% in 2018, the first decline since 2008

Allianz Wealth Report | Rising uncertainty took its toll on financial markets in 2018 – and households felt the brunt: Private financial assets fell by 0.1% in 2018, the first decline since 2008. Gross financial assets in the 53 countries we analyzed thus remained more or less flat at EUR 172.5 trillion. The decline in gross financial assets in 2018 was widespread, both emerging and advanced countries ended the year in the red. For emerging markets, it was the first time in this century, for advanced markets the third time since 2008 and 2002.


The unintended consequences of saving the world from the financial crisis

Niel Dwane (Allianz GI) | The response of central banks to the financial crisis 10 years ago may have saved the world from a devastating depression, but it also created a host of unforeseen effects – from more indebtedness to more economic inequality. Looking back at what we got right – and what went wrong – what lessons can we take away for the future?


The Many Headed Serpent Of Low Yields

AXA IM | Is the future for fixed income one of flat and negative yield curves? That is certainly the direction of travel as central bank buying, lowered growth and inflation expectations and a lower for longer interest rate outlook all contribute to reduced term premium and hoarding of safe haven assets.