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July 2019

Note Sovereign Investors pivot away from Europe towards China

Invesco released its seventh Invesco Global Sovereign Asset Management Study, an annual in-depth report on the complex investment behaviour of sovereign wealth funds and central banks, which this year shows disenchantment with Europe among sovereign (...)

July 2019

Note Wealth managers need to up their game in India to mitigate HNW investors’ desire to channel wealth abroad, says GlobalData

As part of 2019 Budget, India has recently proposed to raise income tax surcharge on wealthy individuals and this is set to spur demand for offshore investments in the high-net-worth (HNW) space.

July 2019

Profile Sheldon Adelson: a biography

Anyone who follows the business and financial headlines will be well aware of Sheldon Adelson, the casino magnate who’s a force to be reckoned with in the gambling world. His personal wealth is worth a reported $37.3 billion and he is the CEO, chairman and principal (...)

July 2019

News Deutsche Bank: not necessarily too little but arguably too late.

The excited hyperbole of restructuring announcements can’t mask a central reality: from an industry perspective what Deutsche Bank is planning is not that radical and the targeted metrics hardly industry-busting. And is it all coming too (...)

July 2019

News Fitch Ratings: Deutsche Bank’s Rating Will Depend on Execution of Restructuring

The direction of Deutsche Bank’s ’BBB’ rating will depend on how the bank progresses with its restructuring plan, Fitch Ratings says. The plan shows management’s determination to strengthen the bank’s business model and address its key (...)

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