1、 and wealth management revolution 2022Exponentialexpectationsfor ESG2 PwC Asset and wealth management revolution 2022 Dear reader,In our 2020 Asset and wealth management revolution paper,The power to shape the future,we examined how the US$127 trillion industry was in an ideal position to tackle ine

2、quality and drive the green transition.Since then,weve seen an unprecedented acceleration in the move towards environmental,social and governanceorientated(ESG-orientated)investments,especially in Europe.As investor allocations to ESG funds increase,the industry now has an opportunity to be at the f

3、orefront of a burgeoning ESG revolution.In this report,we highlight the results of a recent PwC global survey of asset managers and institutional investors.Our findings reveal an asset and wealth management(AWM)industry in transition.For asset managers,our analysis of ten market-defining trends stre

4、sses the urgency of moving away from ESG-orientated investments and,instead,integrating ESG principles into the heart of their purpose,strategy and investment management processes.We also point to the need to reconfigure operating models to secure and retain mandates,and to create a compelling ESG s

5、tory and develop credible reporting to track and communicate progress against it.To reinforce and accelerate change,its also important to build ESG into digital and workforce transformation when developing insight,strengthening leadership and delivering demonstrable value for money.We hope this repo

6、rt and its actionable insights are useful to you.How quickly and effectively you make this leap will determine not only your ability to attract investors and talent but also how effectively you can deliver on your purpose and potential.Sincerely,Olwyn AlexanderGlobal Asset and Wealth Management Lead