“New normal” was the operative phrase at the World Wealth Report 2012 press conference as executives from Capgemini and RBC Wealth Management tried to define the unpredictable markets that triggered the second decline in global wealth in the past four years.

According to the World Wealth Report 2012, last year  was the second most volatile period in the last 15 years. The number of people with over $1 million of investable assets increased by a marginal 0.8% world-wide, and their overall wealth declined 1.7%, the second decline since 2008.

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