Daily Wealth Letter from The Wealth Forums

Markets, Reports — By on May 13, 2016 at 12:08 PM
Richard Moir, The Wealth Forums CEO

Richard Moir, The Wealth Forums CEO

 

DAILY WEALTH LETTER

 

 a daily synopsis of wealth news that’s most relevant, timely and dependable

 

 

Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com)

 

 

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NUMBER 210  FRIDAY,  MAY 13,  2016
 

Stop picking on island tax havens – says PM

David Cameron has said people should stop “picking on” island tax havens such as the British Virgin Islands over hidden wealth, and called instead for the US and other countries to introduce more financial transparency,  buzzfeed.com reports.   READ MORE: https://thewealthforums.com/2016/05/13/stop-picking-on-island-tax-havens-says-pm/#more-3710

Alibaba’s admission causes anti-counterfeiting crisis

As Alibaba continues to make efforts to convey the image that it’s doing its best to fight the scourge of counterfeit goods on its platforms, a recent controversy over its admission to the world’s largest anti-counterfeiting organisation shows that it still has its work cut out for it to convince luxury brands.  READ MORE: https://thewealthforums.com/2016/05/13/alibaba-causes-anti-counterfeiting-crisis/#more-3689

Stockbroking under threat

Increased costs and further regulatory pressures will leave stockbroking in the remit of a select few, as wealth managers are forced to reassess their business models.  READ MORE:https://thewealthforums.com/2016/05/13/stockbroking-under-threat/#more-3706

Norway’s fund set to shrink

Norway’s massive wealth fund is projected to get smaller this year for the first time since early last decade.  READ MORE: https://thewealthforums.com/2016/05/13/norways-fund-set-to-shrink/#more-3702

The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.com

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