Wealth fee structure ‘broken:’ Daily Wealth Letter

News, Reports — By on January 27, 2017 at 12:56 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

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NUMBER 385   FRIDAY, JANUARY 27, 2017

Moody’s stark warning on euro

The single currency is failing to bring its economies closer together, with the strong core nations pulling ever further ahead of the weak periphery – leaving the eurozone as a whole set for years of stagnation and political crises, according to analysts at credit ratings agency Moody’s.  READ MORE:http://thewealthforums.com/2017/01/27/moodys-stark-warning-euro/

Wealth fee structure ‘broken’

A report has slammed the ‘broken’ wealth percentage fee structural model. The study, compiled by London-based financial planning firm Capital Asset Management (CAM), believes the wealth management advice fee, which typically stands at around 1% a year, ‘eats away at the money being invested but the real consequence is rarely seen, known, or understood by the investor.’  READ MORE:http://thewealthforums.com/2017/01/27/wealth-fee-structure-broken/

Fund cleared for defence investment

Norway’s $885-billion sovereign wealth fund, the world’s largest, can again invest in U.S. defence contractor Raytheon as the firm is no longer involved in the production of cluster munitions, the Norwegian central bank said on Wednesday.  READ MORE: http://thewealthforums.com/2017/01/27/fund-cleared-defence-investment/

 

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

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