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Oct. 27, 2020
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Financial services

Global wealthy begin shift to sustainable investing with pandemic overhang

July 10, 2020

Number of high-net-worth individuals (millions), 2012-19. Source: Capgemini Number of high-net-worth individuals (millions), 2012-19. Source: Capgemini

 

By Mickey Alam Khan

North America in 2019 overtook Asia Pacific in high-net-worth individual wealth growth for the first time in eight years. And then the COVID-19 coronavirus struck, traveling from the central Chinese city of Wuhan to the rest of the world, injecting uncertainty and instability.

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  1. Prada’s Car Shoes debuts on Luxury Stores
  2. Day's wrap: Italy lockdown, Rolls-Royce, Galeries Lafayette, Artsy and luxury real estate webinar
  3. Day’s wrap: Tiffany & Co., Gucci, Rolls-Royce and Coty
  4. Shift towards digital, self-care strategies boost Italian beauty industry
  5. New restrictions go into effect in Italy, as lockdowns, cases surge in Europe
  6. Free-gift-with-purchase promotions incentivize brand loyalty
  7. Property prices hold steady in ski resorts amid pandemic: Knight Frank
  8. Consumers will be guided by emotion in 2021 decisions: Forrester
  9. Subscribe now: Full access to 90,000+ articles, reports, videos and images
  10. Luxury hotels embrace daycation, wellness trends to entice travelers
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