March 27, 2017

Sun shines on Monaco Wealth Forum

The Monaco Wealth Forum took on a life of its own on March 17 in Monte-Carlo. In its third edition, the Forum brought together a range of top speakers from a broad spectrum of expertise, and in keeping with previous events the Forum looked to the challenges and promises of the future rather than, as […]

Norway’s fund counts divestment cost

Norway’s Government Pension Fund Global’s equity portfolio missed out on 1.1 percentage points of additional gain due to the exclusion of stocks on ethical grounds over the past 11 years, according to Norges Bank Investment Management, which manages the sovereign wealth fund’s assets. A report by Norges Bank said its benchmark index for equities is […]

Chinese worry about wealth gap

China may have the second-highest number of billionaires after the US but the world’s second- largest economy should worry about the growing divide between the rich and the poor, Chinese experts have warned. The Communist Party government in China should closely monitor the country’s wealth gap and focus on poverty relief, experts said, as China […]