Saturday, October 29, 2011
Chris Vellacott and Martin de Sa'Pinto, Reuters
Chris Vellacott and Martin de Sa'Pinto, Reuters
Wealth On Shaky Ground
Plutocrats are investing in catastrophe funds in a desperate effort to maintain their wealth.
(Reuters) - The world's wealthiest families have embarked on damage limitation rather than seeking to boost their fortunes as financial turmoil erodes their riches, with some so worried they are putting their money in 'catastrophe' portfolios.
Read Full Reuters Article
Posted by Editor on 10/29/11 at 06:18 AM •
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