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)
NUMBER 320 TUESDAY, OCTOBER 18, 2016
Norway’s fund urged to up equities share
Norway’s sovereign wealth fund should raise its share of equities investments to 70 percent from 60 percent, the majority on a government-appointed commission will say on Tuesday, daily Dagens Naeringsliv reported, citing unnamed sources. READ MORE: http://thewealthforums.com/
Australia’s wealthiest woman fights children’s trust fund
Australia’s richest woman, Gina Rinehart, has started new litigation against her children’s trust fund to prevent it from receiving millions of dollars in royalties from a Rio Tinto joint venture. READ MORE: http://thewealthforums.com/
Lower pound feeds higher prices
The rise in the UK’s inflation rate to 1% last month is just the start, Larry Elliott writes in the Guardian. The cost of living is certain to increase noticeably over the next 12 months and likely to peak at about 3%, perhaps even a bit higher. READ MORE: http://thewealthforums.com/
The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.
