Individuals and groups that use gold trading for wealth management have enjoyed an overall value appreciation since the global economic crisis began two years ago.
The commodity was at an all-time high of £844.70 last week, following a long-term trend of gain spanning five months, reports market specialist Seeking Alpha.
Wednesday, 16 June 10
Wealth management advisers 'should be more responsible'
Wealth management advisers were among the priorities mentioned by a team of market specialists discussing ways to improve financial services.
Socially-responsible corporate banking was also considered an important issue by representatives from the Financial Services Consumer Panel (FSCP).
Recommended measures included ’dependable later life products’ - these may be welcomed by ...
Wednesday, 16 June 10
Private client wealth management 'sets its sights on London'
Foreign
private wealth investors seeking favourable assets may find London property increasingly attractive, according to one industry expert.
Wealth management through estate retail has long been considered a solid move, yet demand has fallen among UK residents recently due in part to poor credit availability.
Andrew Teacher, media manager at ...
Monday, 14 June 10
Wealth management may suffer from forecast downgrade
Corporate and
private wealth management could be affected if an announcement by the new fiscal watchdog points to weaker growth than predicted by the Labour government.
Private banks and corporate investors may have expected little change in the three per cent expansion rate projected by former chancellor Alistair Darling. ...
Friday, 11 June 10
Corporate banking could be subject to new failure measures
The corporate banking sector could expect new guidelines on bailouts in the event of failure, if changes supported by the British government go ahead.
Michel Barnier, the European Union’s (EU) internal markets commissioner, said the proposals would limit the power of future European financial regulators.
Governments would be under no ...
Friday, 11 June 10
Private wealth management 'should not rely on property'
Property has long been considered a strong investment choice for wealth management, but new research indicates this may be changing as a result of the recession.
More than three-quarters of individuals with
private wealth believe a retirement fund based solely on property is ’too risky’, according to data published ...
Wednesday, 09 June 10
Private wealth management 'turns towards London'
International
private wealth management advisers may be promoting London property as a solid investment in the wake of the recession.
Falling property prices combined with a weak pound could have tempted individuals interested in wealth management to convert their assets to property in the capital.
A report by Savills ...
Monday, 07 June 10
Credit rating regulation may affect private and corporate banking
Wealth management and investment services should not place too much emphasis on the reports of individual Credit Rating Agencies (CRAs), according to one chartered financial planner.
Martin Bamford from Informed Choice made the statement in response to European Commission (EC) calls for stronger regulation for CRAs.
The proposals include measures to guarantee ...
Friday, 04 June 10
Private wealth investors await US payrolls data
Both the FTSE 100 and the value of sterling have risen this morning ahead of the release of non-farms payroll data for May in the US.
The figures are expected to be positive, with a poll conducted by Reuters forecasting 513,000 jobs will have been created in the country last month.
And ...
Friday, 04 June 10
Private wealth hedge fund investors 'at risk'
There are ’serious concerns’ over the ability of those using their
private wealth to invest in hedge funds to make the correct allocation decisions.
This is the conclusion of new research from the European School of Management and Technology (ESMT), which has been produced ahead of the anticipated increase ...
Friday, 04 June 10
Social investment reputation 'damaged' by financial crisis
The financial crisis has damaged the reputation of companies in terms of the
social investment they carry out, it has been claimed.
In an article for the Financial Times, head of sustainability for the Institute of Chartered Accountants of England and Wales Richard Spencer said there is ’a strong ...
Friday, 04 June 10
Gold price increase 'could challenge record high'
Increasing demand from those looking to invest their
private wealth in a safe haven asset could help the price of gold come close to a record high this month.
This is the view of managing director of CWA Global Markets Peter McGuire, who was quoted by Reuters as saying ...
Tuesday, 01 June 10
BP leads sharp FTSE falls
Those using their
private wealth to trade on the FTSE 100 will have seen the index fall sharply in the morning session today (June 1st), led by a large decline from BP.
The oil giant’s shares were down by as much as 12 per cent, on the back of ...