Ian Brodie
DAILY WEALTH LETTER
A daily synopsis of 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 196 FRIDAY, APRIL 22, 2016
Arrest in Malaysian fund case
Singapore has arrested and filed criminal charges against a former employee of a Swiss private bank that is under scrutiny by Singaporean authorities for its relationship with Malaysian state investment fund 1MDB. READ MORE: https://thewealthforums.com/
World calling time on Swiss watches
Swiss watch exports posted the biggest quarterly drop since 2009 as the industry faces declining demand across all its main markets. READ MORE: https://thewealthforums.com/
Jet2 owner’s fortune soars
An increase of more than £200m in the estimated fortune of the founder of Leeds-based holiday airline Jet2.com is one of the most eye-catching features of the latest Yorkshire Rich List, which also features a new name at the top. READ MORE: https://thewealthforums.com/
Australian fund holds more cash
Australia’s sovereign wealth fund increased the amount of cash it holds to almost one quarter of its A$117.4 billion ($91 billion) portfolio as it says global central banks have less firepower to respond to economic weakness. READ MORE: https://thewealthforums.com/
The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.
