PRIVATE FINANCE AND WEALTH MANAGEMENT CONFERENCE 2008
12 November 2008, Artis Hotel, Vilnius, Lithuania

9.00-9.30          Registration and welcome coffee

9.30-9.40          Introduction and welcome address

9.40-10.20        ASSET ALLOCATION AND MANAGEMENT IN THE CURRENT MARKET ENVIRONMENT 
                            Thomas Albert, Asset Management Director, Credit Suisse (Germany)

How can one manage personal assets when the financial markets are unstable? What is happening around the world and what should individuals know in order to manage their wealth effectively? The presentation will introduce the "Core Sattelite" approach and provide some portfolio ideas.

Thomas Albert is Asset Management Director at Credit Suisse in Germany, also responsible for Austria, Czech Republic, Poland and Hungary. During his professional career, he worked for Fleming Asset Management (now - JP Morgan) in Luxembourg and London.

10.20-11.00        PRIVATE BANKING IN LITHUANIA. FAMILY FINANCE AND WEALTH MANAGEMENT SOLUTIONS
                              Živilė Geralavičiūtė-Davödov, Director of Private Banking, Ūkio bankas (Lithuania)


Živilė Geralavičiūtė-Davödov is responsible for private banking services development at the Lithuanian Ūkio Bankas. For four years, she worked at Bausparkasse Schwaebisch-Hall, a German property bank, and for two years she led consumer credit product development at SEB bank in Vilnius, and was involved in the development of banking products, family finance managemet and consumer market surveys. She has also conducted international projects and research in such areas as personal finance management, investment solutions and use of unconventional instruments in family finance planning.

The presentation will review the situation of private banking services in Lithuania:

                                      •   Private banking as a service - what is it and for whom
                                      •   Traditional and unconventional welfare management solutions
                                      •   Investment as a way to safeguard or earn money
                                      •   Personal finance - why is it necessary
                                      •   Success story.

11.00-11.20      Coffee Break

11.20-12.00      THE GREATEST FINANCIAL CRISES - LESSONS AND IMPLICATIONS
                            Antanas Mikšys, Fund Manager, Ūkio Banko Investicijų Valdymas (Lithuania)

What were the major financial crises and their reasons? How should investors behave during crises, how should they build their portfolios in order to avoid significant losses during financial turmoils?

Antanas Mikšys has experience in financial analysis and investment management. Currently, he focuses mainly on fixed income analysis and trading.

                           

12.00-12.50      GLOBAL EMERGING CAPITAL MARKETS PERSPECTIVES. INVESTMENT OPPORTUNITIES 
                             Tibor Schindler, Chief Strategist, Raiffeisen Capital Management (Austria)

Tibor Schindler has been with Raiffeisen Capital Management since 1988. In 2000 he became Chief Strategist responsible for emerging markets. He also worked for RZB London as head of Central and East European capital markets . He spent six years working on Wall Street in New York. He also worked with leading asset management companies in Germany and Austria. Mr. Schindler has over 30 years of experience in securities. 

The presentation will cover global emerging capital markets, economic situation and perspectives and explain how individuals can participate in those markets.

                            
12.50-14.00       Lunch

14.00-14.40       TAX PLANNING AND TAX RISK MANAGEMENT IN  PRIVATE FINANCE. 
                             NON-TAXABLE FAMILY FUNDS
                             Andrius Kavoliūnas, Managing Partner, MERITS (Lithuania)

An overview of most popular tax planning techniques and areas of risk in managing private finance:

                                      •   Active and passive roles in stock trading
                                      •   Use of special-purpose vehicles
                                      •   Non-taxable family funds
                                      •   Practical aspects of tax compliance for individuals.

Andrius Kavoliūnas is an experienced tax advisor, founder and Managing Partner of tax advisory firm MERITS. Previously he was head of Tax Department at Deloitte Lithuania.

14.40-15.20       HOW TO STAY CALM IN A NERVOUS MARKET ENVIRONMENT
                             Raimundas Alekna, Psychiatrist and Psychotherapist (Lithuania)

How can one stay calm and not to panic when the markets are hit by a crisis and the market value of investments is falling down? How to manage stress?

                                      •   Stress leads to passive behaviour. Most common cases and outcomes.
                                      •   Our emotions are signals of what we feel when we react to events around us
                                          as well as inside us. Importance of emotional intelligence. 
                                      •   Understanding emotions helps to ensure that we react adequately, 
                                          make acceptable decisions and solve relationship issues.

Raimundas Alekna, a famous Lithuanian psychiatrist and psychotherapist, will explain what to do so that external market conditions do not affect investors and other people psyhologically.

15.20-16.00       COGNAC, WINE AND OTHER BEVERAGES AS AN INVESTMENT
                             Juozas Kabašinskas, Managing Director, JK Gėrimų Namai (Lithuania)

Juozas Kabašinskas, a cognac connoiseur and business consultant, will talk about cognac, wine and vineyards as a family investment. What return can investors expect from this alternative instrument? What type of people such investments are most suitable for?

Mr. Kabašinskas has a long-track record in business consulting and accounting. Currently, he runs a cognac business.

16.00-17.00       Farewell glass of wine and discussions