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 253 THURSDAY, JULY 14, 2016
Investors hoard cash ahead of US vote
Wealthy U.S. investors are holding record cash balances out of fear that the U.S. presidential election will wreak havoc on their retirement accounts, a senior UBS Group AG executive said. READ MORE:http://thewealthforums.com/
UBS keeps top spot
UBS kept its ranking as the world’s biggest private bank last year, a study by wealth management researcher Scorpio Partnership showed on Thursday. READ MORE: http://thewealthforums.com/
India’s fund making slow start
India’s maiden sovereign wealth fund National Investment and Infrastructure Fund (NIIF) has identified the first eight projects it plans to invest in. These include the Konkan Railways project, a power transmission project in the north region, and a few road projects, said a senior official of India Infrastructure Finance Co. Ltd (IIFCL). READ MORE: http://thewealthforums.com/
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