Citywealth Articles
08 Mar 2010
Support women in and children in Pakistan with FROK
Unlike most aid agencies, KK's key approach is to work with partner communities and facilitate them to become catalysts for their own change and long term development. Working in NWFP and FATA has proved problematic for many development agencies. However, founded and headed by Maryam Bibi, KK maintains a successful record of sustainable development work largely owing to its unique approach delivered by a skilled and experienced staff team sensitive to the local culture, religion and traditions. Read more...
08 Mar 2010
The Launch of “Sport Solidarity for Haiti”
Collecting sports equipment is the number one priority. The objective is to collect footballs, taekwondo kimonos and judo suits, handball balls, basketballs, rugby balls, gym mats, volleyballs, badminton kits, tennis kits, athletics equipment (hurdles, markers, long jump boards), whistles, stopwatches and board games. In liaison with the HOC, Peace and Sport will contact global sports governing bodies, major sports clubs, professional leagues and international companies to collect donations of sports equipment (new or used), to coordinate sending sports trainers to Haiti and to encourage financial donations. Read more...
08 Mar 2010
IPS Capital: A run on the pound
Our other profitable move for February was to increase our US Dollar exposure for our Sterling based clients. Fears of a hung parliament, confirmation from the Bank of England that further quantitative easing remains possible and technical factors (most notably Prudential’s bid for AIG assets) conspired to generate a run on the pound. For a variety of reasons we do not think the UK is in as much trouble as Greece. While we think Sterling weakness could be around for a while (perhaps until the uncertainty of the election result is behind us) we will be looking to take our profits on this position and move back to being broad Sterling neutral. Read more...
06 Mar 2010
Paul Patterson, Head of RBC Wealth Management, British Isles
Patterson, who has been with RBC for twenty five years started in the domestic Canadian wealth management business. He moved offshore in 1996 to the Bahamas, and essentially ran a Bahamas trust company then ran the Caribbean and Americas region before moving to the Channel Islands in 2004. “When I moved to Jersey, RBC Wealth Management employed eight hundred people on the Island. Since then we’ve doubled the business to fifteen hundred people,” says Patterson. Read more...
