Capgemini published their World Wealth Report 2021 this week. The 25th edition of their regular annual report, the research is based on Capgemini's market-sizing model and primary research.
The report highlights the growing importance of ESG and reputational considerations for families and especially next-generation family members when determining their wealth allocation strategy.
Headlines of interest for the public relations and reputation management industries:
- Interest in the social impact of investments continues to increase for HNWIs, with the proportion of consumers who prefer to invest in assets with a positive societal impact (despite lesser returns) increasing from 31% before the COVID-19 outbreak to 46% by November 2020.
- Concern about the ESG credentials for investments is even higher amongst younger family members. 43% of ultra-HNWIs are likely to request an ESG score for wealth management products offered by their firms.
- The integrity and quality of ESG is a key, central bugbear. In fact, a top challenge for 41% of wealth management firms and 36% of wealth managers is finding accurate ESG impact data.
View the original research: Cap Gemini World Wealth Report →
