Markus Zimmer

Allianz SE (Research Firm) (Allianz Research) is the investment research division of Allianz SE (ETR: ALV), a multinational financial services company headquartered in Munich, Germany. Founded in 1890, Allianz Research analyzes economic, industrial, interest rate and currency developments as well as medium and long-term trends on the equity and bond markets.

ifo Institut – Leibniz Institut für Wirtschaftsforschung e.V. is an independent research firm headquartered in Munich, Germany. Founded in 1949, the firm focuses on five areas of activity: policy advisory work, provision of information/services, participation in public debate, promotion of junior economists, and research in economics.