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 265 MONDAY, AUGUST 1, 2016
Banks have not mended their ways
The London-based trader whose trading scam cost the Swiss bank UBS £1.5 billion has said banks are still exposed to such frauds because the financial industry has failed to mend its ways. READ MORE:http://thewealthforums.com/
Australian manager launches Islamic fund
Australian fund manager Crescent Wealth said on Monday it had launched an Islamic property fund in Malaysia alongside KAF Investment Funds Berhad, aiming to tap one of the largest markets for sharia-compliant financial products. READ MORE: http://thewealthforums.com/
Wine boom adds to NZ rich list
The New Zealand wine industry reached new heights this year, posting a record $1.57 billion worth of exports in the year to June, up nearly 10 per cent on the previous year. READ MORE:http://thewealthforums.com/
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