The mood in the asset management industry is "very cautious, very realistic but not pessimistic" after the financial industry's "Chernobyl" of Lehman Brothers collapse, according to Europe's fund industry chief.
LEGACY Reuters Summits
This week we’ve got a double dose of stories for you with both the Food Summit taking place in Chicago and the Funds Summit kicking off Tuesday in Luxembourg. Both summits come at a time when both sectors are in the spotlight. For food, one key question will be: How will cash-strapped consumers spend their hard earned cash if the current economic environment continues to deteriorate. We spent last week putting together a few stories ahead of the Food and Agriculture Summit.