“Why sit in front of a computer screen for the rest of your life watching prices go up and down when watching grapes grow is so much less stressful?” Driver said yesterday in an interview at Rathfinny, where the sound is of seagulls and you ne
Rhodes, who has been involved in the international precious metals business since 1978, took part in a panel debate today on the future of the US Dollar, BRIC (Brazil, Russia, India, China), and commodities, at the 51st ACI Financial Markets World Congres
The fund, domiciled in Guernsey, will be managed by Stewart Richardson, chief investment officer of RMG Wealth.
Investors are more optimistic about corporate profits. A net 6 percent of the panel expects corporate profits to improve in the coming year. A month ago, a net 11 percent predicted profits would decline.
Christopher Moore, Publisher and CEO of EMEA Finance magazine, said, “We are proud to recognize Deutsche Bank’s accomplishments as a leading DR bank with our Best DR Program in EMEA Award for 2011.
As of Sunday, March 18, gold bullion sales totaled 30,000 ounces, while overall gold bullion coin sales in all sizes were reported at 31,500 ounces.
In London, centre of the global bullion market, vault space is running low and numerous companies are attempting to break into the market.
Demand for securities tied to everything from suburban strip malls to luxury lodgings is surging as investors wager that, with unemployment at its lowest level since February 2009, commercial-property owners will be able to cover their mortgage payments.
Faced with a rising global demand for consumer goods and an increasing reliance on specialty metals from abroad, Environment Secretary Caroline Spelman published the Resource Security Action Plan to make sure UK businesses are more resilient to any change
Another sign of Asia’s increasing importance in the global gold market is news that Singapore is planning to boost its share of global gold trade sevenfold after scrapping taxes on gold, silver and platinum bullion.
“This area has huge potential,” he said. “The revenue will be about $4 billion in 20 years’ time” from the 73 tons and the government will receive $1 billion from tax and royalty payments over that period.
Underpinning demand for bonds, China posted its largest trade deficit in at least a decade, fanning concerns that slowing exports from the world's second-largest economy will lead to lower fuel demand.
The acquisition of WCAM broadens the fund management capability at Liontrust, increases Liontrust's assets under management to more than £2 billion and gives the company one of the strongest ranges of UK equity funds and teams.
Australia's top fund managers earn salaries ranging from $500,000 a year to several million dollars, and some boost their pay packets further through incentive schemes and dividends.
JPMorgan’s global commodities business, led by Blythe Masters in New York, and the Barclays’s unit run by Roger Jones in London, have been expanding through acquisitions and hiring.