1. Learn or Lose: Challenges and Perspectives in Sustainable Wealth Management

The chapter 'Learn or Lose: Challenges and Perspectives in Sustainable Wealth Management' delves into the tumultuous year of 2022 and its impact on wealth management. It discusses the significant wealth destruction experienced globally due to the Covid pandemic, the war in Ukraine, and rising inflation rates. The author argues that sustainable wealth management (SWM) must provide frameworks for investment during crises, embodying the concept of 'antifragility.' The chapter explores the integration of ESG factors into wealth management, highlighting the importance of a new understanding of risk management and impact factors. It presents various perspectives from industry experts on topics such as ESG risk and opportunity management, custom ESG indexing, and the role of values in sustainable finance. Additionally, the chapter examines the cyclical nature of wealth management and the transformative role of SWM in navigating economic cycles. It also touches on the emerging trends in risk management, impact models, digital innovations, and the ethical dimensions of sustainable finance. The chapter concludes by emphasizing the need for a moral revolution in finance and the potential for ethical enhancement of wealth management practices.