Dear All,

We have chosen Wealth Management as the main theme for this issue of the Family Business News. We have included the snapshots of some articles and gist of press clippings. Hope you will find them interesting.

As most of you are aware, the Chair organized the Fourth Asian Invitational Conference on Family Business at the ISB during February 1 – 3, 2013 with “Built Forever - Outstanding Business Performance and Lasting Family Harmony” as the theme. Day one had an Academic Conference where 18 cases and 8 papers were presented by academics from India and abroad.  Days Two and Three had the business conference where eminent speakers like Dr Thomas Schmidheiny and Dr Dieter Spalti (Spectrum Value Management Ltd, Switzerland), MrAdi Godrej (Godrej group), MrAnaljit Singh (Max India Ltd), Mr Sunil Kant Munjal (Hero Moto Corp Ltd), Mr Harsh Mariwala (Marico Ltd), Mr Ajay Piramal (Piramal group) and Mr Peter Leach (Peter Leach and Partners, LLP, London) shared their experiences on different themes. More than 350 delegates attended the conference and listened to 25 speakers.  The conference provided a great platform for sharing insights on topics focusing on family business. Please visit for speakers’ presentations.

As always, I encourage you to send your feedback and interesting articles which we can consider for inclusion in our forthcoming newsletters.

Best regards,
Article Summaries
Eight Principles of Strategic Wealth Management
Single Family Offices in Action - How the Richest Families Manage Their Wealth
Top 10 Wealth Management Mistakes to Avoid
From the press  
Balvant Parekh leaves his lasting legacy in the form of Pidilite Industries
India, January 29, 2012
Rishad will not be CEO of Wipro : Azim Premji
The Economic Times, January 23, 2012
Swatch buys Harry Winston
CampdenFB, January 14, 2013
US family businesses seek new opportunities
Campden FB, January 09, 2013
Diamond firm named Best Family Business in Netherlands
The Moodie Report (, January 17, 2013
Business schools offer family business programmes for next generation
NDTV, December 30, 2012
ISB Updates
ISB-Ivey Global Case Competition 2013
Graduate Business Conference


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Thomas Schmidheiny Chair Professor of Family Business & Wealth Management, Indian School of Business Hyderabad - 500 032, Ph: +91 40 23187189,
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