Industry Summits
Ultra-rich want their children to know the ropes
BOSTON (Reuters) - The ultra-rich are taking a more hands-on approach to investing and protecting their fortunes, and are increasingly determined that their children also know the ropes, wealth managers say. Full Article
Asia's wealth managers prepare for transparency
SINGAPORE/HONG KONG (Reuters) - As Singapore and Hong Kong prepare to grant foreign governments unprecedented access to the financial affairs of their bank account holders, Asia's private bankers sound confident business will only improve. Full Article
Despite '08 pain, the rich still like hedge funds
BOSTON (Reuters) - It appears nothing -- not losses, redemption gates or lofty fees -- can deter the rich from stashing their cash in hedge funds. Full Article
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Some ultra-rich unload jets and yachts
BOSTON (Reuters) - Thought the ultra-rich were immune to the market meltdown and ensuing recession? Think again. Full Article
Japanese wealthy eye overseas currencies, bonds
TOKYO (Reuters) - After retreating to the safety of yen deposits in the wake of the financial crisis, Japan's wealthy investors are slowly regaining their appetite for risk and are eyeing foreign currencies and bonds for higher returns. Full Article
Wealth management fees hold up
BOSTON (Reuters) - Wealthy families may have sold off planes and vacation homes amid the downturn, but one cost they did not cut was spending on high-end investment advisers. Full Article
Bessemer adds record new clients, to stay solo
BOSTON (Reuters) - Wealth manager Bessemer Trust added a record number of new clients last year and expects to keep growing as wealthy Americans reconsider whom to trust with their millions after last year's financial crisis. Full Article
Baer-ING deal kicks off private banks' M&A season
GENEVA (Reuters) - Julius Baer's purchase of ING's Swiss private banking assets marks the start of a consolidation wave in the wealth management industry, insiders told the Reuters Global Wealth Management summit. Full Article
Bankers to help wealthy give again
GENEVA (Reuters) - The wealthy have scaled back charitable giving in the financial crisis but philanthropy is set to make a comeback as economies rebound and private bankers are looking to help their clients back favored causes. Full Article
Private bankers fret over cost of new rules
GENEVA (Reuters) - Private bankers face higher costs as a wave of regulation forces them to spend on infrastructure and more staff, executives told the Reuters Wealth Management Summit. Full Article
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What are Summits?
Reuters Summits are your direct link to top business leaders, investors and regulators. Our journalists interview heavyweights in a particular industry, spin out hard-hitting breaking news and sharp analysis that can often move markets. If you want to understand what the insiders are thinking, look for Reuters Summits. Launch Full Video
| India Investment | Nov 23 - 25 | Mumbai, Bangalore |
| Global Media | Nov 30 - Dec 3 | New York, London, Asia |
| Investment Outlook | Dec 8 - 10 | New York, London |
| Aerospace and Defense | Dec 14 - 16 | Washington, DC |
