2009-09-29 13:37:27  The year 2008 will sadly remain an unusual year in economic and financial history, as it will in the sector of private wealth management. While it is clear for everyone that the economy has cycles of growth and contraction, the brutal change in the economic scenario observed in 2008 surprised most investors. Such a reversal of situation has had only few precedents during modern history. The fall in stock markets with the background financial crisis and banking system crisis was exceptional too and marked by an absence of transparency, which was highly regrettable.