PUBLISHED : Saturday, 24 May, 2008, 12:00am
UPDATED : Saturday, 24 May, 2008, 12:00am

What the movers and shakers are reading

Hans Nutzi

Chief executive, Clariden Leu

Finding time to read books is a luxury and something I rarely find the time to do. So, instead, I read a lot of magazines and newspapers. As the chief executive of a private bank, it is important I know what is going on in the world and try to understand the rationale behind events that shape the global economy.

I like to read specialist magazines and publications that focus on a particular sector of an economy or emerging trends.

Whenever I am travelling, I also like to read newspapers and magazines to get a local perspective on world and domestic events.

It is from this standpoint that private banking clients often base their investment appetites and strategies.

I believe, regardless of what business you are in, in order to remain competitive, you have to know exactly what is going on in your field and beyond.

More than that, actually, you have to know what happens next, which trends are coming up, and which will become big in the future.

Achieving that is a solid foundation for successful development and making the right decisions at the right time.

Sometimes it can be the subtle differences between two reports on the same topic that offer an insight that might provide an investment opportunity or influence a trend. On a personal level, I find it fascinating to read well researched articles that delve deeply into the economies and cultures of different countries.

Reading about current affairs not only keeps me up to date, being informed also means that I am able to talk to clients about diverse topics and world affairs that affect global financial and social communities. These talking points often provide a good indication into the way a person thinks and form the basis of insightful conversations.

Recently, I have been reading extensively about Africa and the potential for the continent to play a much bigger role on the world stage. I say this because I have also been reading about the problems associated with food shortages, and the amount of animal and human food crops that are being used to make alternative fuels. Because of the features I have read, I have a feeling the African continent could be the place to develop solutions that could solve the issues of producing enough food to meet demand. Imagine if this was to happen, what would be the development and investment opportunities it would create?

Although much of the reading I do is related to work, I do not consider reading to be hard work, in fact quite the opposite. Learning about new ideas and the way people, economies and countries develop is all part of an ongoing education. However, I draw the line at reading news and feature articles online. For whatever reason, I have no interest in reading news and features from a computer screen.