Daily Wealth Letter from The Wealth Forums 15 Nov. 2016

Reports — By on November 15, 2016 at 2:15 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 335  TUESDAY, NOVEMBER 15, 2016

More Chinese firms come to London

China Life and China Investment Corporation are among the latest mainland financial companies set to open offices in London, even as concerns over Brexit remain, according to Mark Boleat, chairman of the Policy and Resources Committee for the City of London.  READ MORE: http://thewealthforums.com/2016/11/15/chinese-firms-come-london/

Boom time for family offices

With the election of Donald Trump it is clear that some major changes in the US tax code will occur. The proposed elimination of the estate tax and the possible elimination of the gift tax will translate into a financial bonanza for the very wealthy leading to a rise in dynastic wealth.  READ MORE: http://thewealthforums.com/2016/11/15/boom-time-family-offices/

Loss-maker raises $37 million

British digital wealth management startup Nutmeg has raised 30 million pounds ($37 million) to fund growth in the U.K. and a possible expansion in Asia.  READ MORE: http://thewealthforums.com/2016/11/15/loss-maker-raises-37-million/

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

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