Learn or Lose: Challenges and Perspectives in Sustainable Wealth Management

2022 has been a catastrophic year for wealth management. The ongoing Covid pandemic, war in Ukraine, and rising inflation rates have all made it very hard to grow or even protect wealth. At the end of the year, the Financial Times quoted Renaud de Planta, Senior Partner of the Pictet Group: “This year is one of the most significant years of wealth destruction in nearly 100 years,” he said, and added: “Looking at it rather simply, many private investors could have lost more than a quarter of their real inflation-adjusted wealth.”