Daily Wealth Letter from The Wealth Forums 02 June 2016

Reports — By on June 2, 2016 at 9:50 AM
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)

NUMBER 223  THURSDAY,  JUNE 2,  2016

Saudi fund piles into Uber

Saudi Arabia’s sovereign wealth fund made its highest-profile deal, investing $3.5 billion in U.S. ride-share company Uber Technologies Inc. as the country seeks to diversify its assets with more overseas acquisitions.  READ MORE: https://thewealthforums.com/2016/06/02/saudi-fund-piles-into-uber/#more-4001

More sign up for Giving Pledge

The Giving Pledge has announced the addition of 17 new individuals and families to the pledge since June 2015, bringing the current total of signatories to 154 from 16 countries. READ MORE:https://thewealthforums.com/2016/06/02/more-sign-up-for-giving-pledge/#more-4006

Wealth Management falls behind, tech-wise

Wealth management is one of the least tech-literate sectors of the financial services industry, and is falling well behind non-financial services industries, finds a report just published by PwC.  READ MORE:https://thewealthforums.com/2016/06/02/wealth-management-falls-behind-tech-wise/#more-3996

Spurt in growth of wealth in Bangladesh

Tax analysts say the number of recorded individuals and the amount of the collected tax surcharge is much lower than the actual numbers.  READ MORE: https://thewealthforums.com/2016/06/02/spurt-in-growth-of-wealth-in-bangladesh/#more-3992

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

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