Money Speaks

Britain’s richest people have been put on notice that they will be propelled into the heart of next year’s general election battle, as the Liberal Democrats join Labour in mapping out plans to tax the wealthy to help the poor.

Nov. 30 — Individuals with more than $800,000 to invest plan to increase their property holdings because they foresee better long-term returns than from stocks and bonds, according to a Barclays Plc global survey.

The former chief investment officer at Barclays Wealth, Kevin Lecocq, is joining Deutsche Bank Private Wealth Management as head of global investment solutions. He will assume his new post early next year.

The Government is considering locking in US-style tax breaks for overseas sovereign wealth funds as part of an effort to attract a greater share of the $US3.8 trillion commanded by the funds globally.

LONDON, Nov 30 — Property is again in vogue with wealthy investors who plan to raise their exposure to the asset class in coming years, with the US, China and the UK the most popular places to invest, a survey showed today. The Barclays Wealth and Economist Intelligence Unit survey found 35 per cent of investors plan to hike the property allocation in their portfolios over the next two years …

Elections in Equatorial Guinea on Sunday were certain to extend the 30-year rule of Teodoro Obiang Nguema, a man accused of draining his nation’s oil wealth to fabulously enrich family and cronies while his people suffer in slums.

Elections in Equatorial Guinea on Sunday were certain to extend the 30-year rule of Teodoro Obiang Nguema, a man accused of draining his nation’s oil wealth to fabulously enrich family and cronies while his people suffer in slums.

ABU DHABI: Abu Dhabi, wealthy capital of the United Arab Emirates, will “pick and choose” how to assist debt-laden neighbour Dubai, a senior official said last Saturday, after fears of a Dubai default sent global markets reeling.

ABU DHABI: Abu Dhabi, wealthy capital of the United Arab Emirates, will “pick and choose” how to assist debt-laden neighbour Dubai, a senior official said last Saturday, after fears of a Dubai default sent global markets reeling.

OTTAWA — Saskatchewan will surpass Ontario this year as Canada’s second-wealthiest province as measured by living standards, the result of a recession that has shown no mercy on the country’s industr…