Ian Brodie
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)
NEXT WEALTH FORUM EVENT:
Monaco Wealth Forum,
March 15, Cafe de Paris, Monte-Carlo
(visit www.thewealthforums.com for details)
NUMBER 404  FRIDAY, FEBRUARY 24, 2017
Aramco ‘overvalued’ – Bloomberg
Saudi Arabia has said oil giant Saudi Aramco is worth more than $2 trillion, enough to consume Apple Inc. twice, and still have room for Google parent Alphabet Inc, Bloomberg reports. READ MORE:http://thewealthforums.com/
RBC examines Asian business
Royal Bank of Canada (RBC), the country’s biggest lender, has put its Asian wealth management business under review, which could lead to its sale, four people familiar with the matter told Reuters. READ MORE: http://thewealthforums.com/
Singapore goes all out for DC
Singapore’s sovereign wealth fund, GIC, is making a huge splash into the Washington DC market. The fund has formed a JV with Beacon Capital Partners to invest $1.05B in three of Beacon’s office assets totaling more than 2M SF.  READ MORE: http://thewealthforums.com/
Sign up for the Monaco Wealth Forum
The cost of attending the Monaco Wealth Forum is €300, including lunch at the Cafe de Paris, champagne reception and after-event dinner at the Pacific Restaurant in Monte-Carlo. To register for the event, please email Ian Brodie, at ian@thewealthforums.com
The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.
