Daily Wealth Letter from The Wealth Forums 20 Oct. 2016

Markets, Reports — By on October 20, 2016 at 10:37 AM
Richard Moir, The Wealth Forums CEO

Richard Moir, The Wealth Forums CEO

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 322  THURSDAY,  OCTOBER 20, 2016

Fintech start-ups aid Asian investment

It is no secret that Asia is where the growth is. And investors who are truly savvy also know that some of the best growth opportunities lie among mid-sized Asian firms.  READ MORE: http://thewealthforums.com/2016/10/20/fintech-start-ups-aid-investment/

China Life buys Starwood stake

Starwood Capital Group sold a stake valued at about $2 billion in U.S. hotels to China Life Insurance Co., extending a streak of Chinese investment in overseas lodging properties and travel-related businesses.  READ MORE: http://thewealthforums.com/2016/10/20/china-life-buys-starwood-stake/

Wealth gap widens in WA

Wealth inequality across Western Australia is growing despite the end of the mining boom, a landmark report into the State economy has found while also arguing areas of potential growth are struggling to escape the shadow of the resource sector.  READ MORE: http://thewealthforums.com/2016/10/20/wealth-gap-widens-wa/

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

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