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 328 FRIDAY, OCTOBER 28, 2016
High-tech grows wealth not jobs
Venture capital investments in Europe fell sharply in the third quarter of this year and this week the Financial Times reported on a speech in London which put Europe’s tech woes in stark terms. However, while policy makers should give attention to innovation in economies, just focusing on the tech/ digital sector is a road to economic and political failure. READ MORE: http://thewealthforums.com/
Zuma asks court to wait
South African President Jacob Zuma has asked a court to postpone a hearing scheduled for Tuesday, when his application to delay the release of a report over allegations of political influence by his wealthy friends was due to be heard. READ MORE: http://thewealthforums.com/
Wealth profit woes at UBS
UBS Group AG Chief Executive Officer Sergio Ermotti has pledged to continue cost cuts after profit at the wealth-management business fell and the securities unit was hurt by a slump in equities trading. READ MORE: http://thewealthforums.com/
The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.
