Daily Wealth Letter from The Wealth Forums 17 Aug 2016

Reports — By on August 17, 2016 at 1:20 PM
Ian Brodie

Ian Brodie

Daily Wealth letter

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

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

NUMBER 277  WEDNESDAY,  AUGUST 17, 2016

Philippines bank in deal with Odier

Union Bank of the Philippines has teamed up with Swiss private bank Lombard Odier to offer a new global fund to upscale clients.  READ MORE: http://thewealthforums.com/2016/08/17/philippines-bank-deal-odier/

Hong Kong billionaire gets sell-off OK

Billionaire Wang Jianlin has won shareholders’ approval to buy out his property unit for HK$34.5 billion ($4.4 billion), clearing the way for the biggest-ever privatisation deal in Hong Kong.   READ MORE:http://thewealthforums.com/2016/08/17/hong-kong-billionaire-gets-sell-off-ok/

Progress on Libya’s wealth fund

Libya’s U.N.-backed government has appointed a five-member caretaker committee to run the country’s $67 billion (52.03 billion pounds) sovereign wealth fund. READ MORE: http://thewealthforums.com/2016/08/17/progress-libyas-fund/

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

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