Impact Investment. Investing money in a financially lucrative way and at the same time generating a measurable social return is considered the supreme discipline of sustainable investing. "It is particularly interesting to implement this in all asset classes," says Sönke Niefünd, Co-Head Competence Center Sustainability and Head of the Hamburg office of Merck Finck Privatbankiers AG. He explains how this is achieved.

Bitcoin. In view of the monetary dilution of all paper currencies due to the extremely expansive monetary policy, investors are looking for alternative store of value. The first choice is gold - proven for centuries. With Bitcoin, perhaps another alternative is now emerging.

A letter from... Sabine Holzknecht. The author of private wealth has been honorary chairwoman of the organization "Help without Frontiers" for four years. She appeals to our solidarity.

In 1908, Berlin florist Max Hübner revolutionized the flower trade with the "Blumenspenden-Vermittlungs-Vereinigung. In 112 years, this has become the unlisted Fleurop AG, in which 5,000 German Fleurop florists each hold a single share. That Amazon founder Jeff Bezos knows this story is unlikely. A pity, actually. Because Berlin's Max Hübner could have been his role model. Max was born in December 1866 into rosy times. The family lived in a prestigious building on Prinzenstrasse in Kreuzberg, and the flower store of his parents Theodor and Alwine Hübner flourished on the first floor. The order books are full. Urbanization pushes nurseries to the unpopulated outskirts of the city and flower stores experience their heyday: Restaurants, cafés,...

US elections. Presidential elections will be held in the USA in autumn. Carolin Schulze Palstring, Head of Capital Market Analysis Metzler Private Banking, examines the candidates' election chances as well as possible effects on economic and monetary policy.

Dear readers,at private wealth, it is our goal to present investors and entrepreneurs on our homepage only with information that is highly relevant to this target group.In order to support you in your investment decisions in these turbulent times, we publish, for example, the results of models that you won't find anywhere else.So far this has brought real added value. For example, the capital market seismograph - the results of which we publish regularly - advised a massive reduction in the equity allocation when the DAX stood at 11,000 points on 10 March.Now we are in constant contact with our network to find the right time for you to re-enter the stock market.To find out exactly how these models work, read "Valuables from the network" after...