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 342 THURSDAY, NOVEMBER 24, 2016
Robo adviser takes PR initiative
Robo-adviser Scalable Capital has slammed UK chancellor Philip Hammond for failing to tackle what it brands ‘exorbitant’ wealth management fees in his Autumn Statement. READ MORE: http://thewealthforums.com/
Saudis choose HSBC
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has hired HSBC to advise it on a potential purchase of a stake in ACWA Power, a developer and operator of power and water plants, sources close to the matter said, according to gulfbusiness.com. READ MORE: http://thewealthforums.com/
Australian managers target Deutsche’s funds
Local wealth managers are gearing up to have a crack at securing Deutsche Bank’s funds under management of as much as $500 million, Australia’s Financial Review reports. READ MORE:http://thewealthforums.com/
The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.
