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| Rate cut, budget, pandemic… but it’s all good for gold
Another extraordinary week for the wealth industry with a surprise BofE rate cut and a UK budget. Oh, and we also have a virus pandemic stalking the world.
We bring you the comments on the rate cut and the news on the gold price – something that is happily going up. Gold, particularly through ETFs, is having its day in the sun.
Voting is open for the Wealth Adviser Awards 2020. All the details are here.
Beverly Chandler,
Managing Editor, Wealth Adviser
Companies in this issue
AJ Bell
BlackRock
eToro
HANetf
Invesco
BNP
Exchange Traded Concepts
Fidelity International
First Trust
Quilter Investors
Royal Mint
RWC Partners
7 Investment Management
Willis Owen
World Gold Council
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| Global crowdfunding market to hit USD8.5bn worth this year | | Thu | 12 Mar 2020, 14:17 | | According to data gathered by Finanso.se, the global crowdfunding market is set to maintain its rapid growth this year, increasing 23.3 per cent year-on-year and reaching over USD8.5 billion in transaction value. |
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| Gold price rises chased by virus fears | | Thu | 12 Mar 2020, 14:17 | | According to the World Gold Council ETF holdings and assets in gold reached new all-time highs during February, adding USD4.9 billion in net inflows, with gold outperforming all major asset classes at the end of February, and being the only one in positive territory. |
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| Global ETF launches 05-12.03.20 | | Thu | 12 Mar 2020, 14:17 | | This week’s new ETF launches include two bond-focused iShares funds, one providing access to emerging markets corporate bonds and the other to US Corporate bonds. Elsewhere, First Trust listed a cloud computing UCITS ETF on the Italian Stock Exchange, while Exchange Traded Concepts partnered with Qraft Technologies to debut an AI-powered fund offering access to dividend-paying US companies… |
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