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)
NUMBER 210 FRIDAY, MAY 13, 2016
Stop picking on island tax havens – says PM
David Cameron has said people should stop “picking on” island tax havens such as the British Virgin Islands over hidden wealth, and called instead for the US and other countries to introduce more financial transparency, buzzfeed.com reports. READ MORE: https://thewealthforums.com/
Alibaba’s admission causes anti-counterfeiting crisis
As Alibaba continues to make efforts to convey the image that it’s doing its best to fight the scourge of counterfeit goods on its platforms, a recent controversy over its admission to the world’s largest anti-counterfeiting organisation shows that it still has its work cut out for it to convince luxury brands. READ MORE: https://thewealthforums.com/
Stockbroking under threat
Increased costs and further regulatory pressures will leave stockbroking in the remit of a select few, as wealth managers are forced to reassess their business models. READ MORE:https://thewealthforums.com/
Norway’s fund set to shrink
Norway’s massive wealth fund is projected to get smaller this year for the first time since early last decade. READ MORE: https://thewealthforums.com/
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