In this Perspective Ruth Lea, Economic Adviser to the Arbuthnot Banking Group, discusses, firstly, Mario Draghi’s announcement on the ECB’s latest bond-buying programme and, secondly, the latest economic data and analysis on the Eurozone.
Panic rooms, gun safes and machine-gun-proof doors are appearing in London homes of the super-rich as, foreign newcomers bring their security issues to the UK capital.
Now, almost 4 years later, evidence of fraud is surfacing that begs the question whether or not these listings were designed solely to systematically transfer billions of dollars into the hands of China’s elite.
While the European Central Bank’s new OMT bond-purchase programme announced at today’s press conference was in line with previous leaks, by making peripheral debt potentially investable again the programme has significant ongoing investment im
Wealth-X, the global UHNW prospecting, intelligence and wealth due diligence firm, has revealed that top ultra high net worth donors give, on average, less than a quarter percent of their wealth to political causes.
We believe policy-makers will provide near-term support for China’s economy, driving a modest recovery in markets into year-end, but structural challenges lie ahead for the new leadership.
“After months of delay and inaction, the President of the European Central Bank (ECB) Mario Draghi has today announced the restarting of sovereign bond buying after earlier announcing no change in interest rates (0.75%).
Mr Browne said the BBA, the leading trade body for the bank sector, would work to regain public trust.
North American funds have certainly not been immune from tough markets, and tough investors, over the years.