Daily Wealth Letter from The Wealth Forums 24 Nov. 2016

Reports — By on November 24, 2016 at 1:33 PM
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)


Robo adviser takes PR initiative

Robo-adviser Scalable Capital has slammed UK chancellor Philip Hammond for failing to tackle what it brands ‘exorbitant’ wealth management fees in his Autumn Statement.  READ MORE: http://thewealthforums.com/2016/11/24/robo-adviser-takes-pr-initiative/

Saudis choose HSBC

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has hired HSBC to advise it on a potential purchase of a stake in ACWA Power, a developer and operator of power and water plants, sources close to the matter said, according to gulfbusiness.com.  READ MORE: http://thewealthforums.com/2016/11/24/saudis-choose-hsbc/

Australian managers target Deutsche’s funds

Local wealth managers are gearing up to have a crack at securing Deutsche Bank’s funds under management of as much as $500 million, Australia’s Financial Review reports.  READ MORE:http://thewealthforums.com/2016/11/24/australian-managers-target-deutsches-funds/


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

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