Pound hits a 5 month low
September 25th, 2009
The pound has come under increased pressure this week, in particular against the euro, hitting a 5 month low. A key level for GBP/EUR as we approach October will be 1.10 / 0.9090 and for the moment this is holding, but, is it worth taking a punt on the pound?On top of stagnant economic and industrial news from the UK in the face of positive Eurozone sentiment we have also simultaneously seen consistent euro gains against other pairings, for instance increased strength against the USD pushing up over 1.47. This has helped to keep the euro strong across the markets, and also against the pound. In an article over the weekend the Telegraph argues in favour of a real chance of GBP/EUR hitting parity in the first quarter of 2010; whilst this cannot be ruled out we must consider that economic sentiment is very fickle at the moment and the tide can change very quickly. On the other foot we hear from Goldman Sachs who speak of the rate hitting a high of 1.18 by 2010.
But what does this mean for you…..it isn’t all bad news!
Today’s rate is great news for your sellers who are sending their money back to the UK. They are getting a fantastic rate of return on their Euros and can get an even better rate if they use our services as an alternative to their bank.
You get up to an extra 3% for your house price when you use us to transfer funds back to the UK.
Start earning money on the strong Euro !
Stéphane Chamouret – Founder of Riviera MultiFinance
(271 words)
Reporting from Rouvier Asset Management
September 3rd, 2009
Rouvier Valeurs uk 2009 08.pdf
Stéphane Chamouret – Founder of Riviera MultiFinance
(1 words)
How to reduce your wealth tax in France?
April 20th, 2009
Do you wish to invest in powerful small & medium companies? Do you wish to thus reduce your wealth tax?
Reduce to the maximum your wealth tax while investing directly in small & medium companies.
The subscription for the capital of small & medium companies carried out each year before June 15th, opens right to a cut of wealth tax to a total value of 75% of the invested sums, within the limit of a tax cut of 50,000 €.
The subscribed shares must be obligatorily held until December 31st 5th year following the subscription, except fusion, scission, compulsory liquidation, dismissal, death, disability.
Example: a payment of 66,667 € gives right to the maximum of reduction wealth tax, that is to say 50.000€ (what would correspond to the tax due on a patrimony of 5.7 M €)
Book now you investment against «Wealth tax » !
Stéphane Chamouret – Independent Financial Adviser
(154 words)
Financial Planning Seminar - 9th April 2009
March 4th, 2009
Program:
9.00 - Registration
10.00 - Introduction
Stéphane Chamouret - Riviera Multifinance
How to protect your financial investments during a recession?
Jean-Louis Paré – Evysem
Diversify your portfolio by investing in private equity thanks to ISF
Thomas Lhuilier - Crédit Foncier de France
Céline Monier - Make It Easy Consulting
Prêt viager hypothécaire or equity release?
John Holding - HSBC Premier
Need to simplify your international banking but don’t know where to start?
12.30 - Close followed by Buffet
Thursday 9th April 2009
Royal Mougins Golf
424 Avenue du Roi
06250 Mougins
Booking fee: €50 per person including drinks and Royal Mougins buffet.
Numbers are limited. Please book by 31st March 2009.
Book by email: info@riviera-multifinance.com or by phone: +33 493 001 284
(123 words)
Reporting from Rouvier
January 12th, 2009
Please find herewith our latest reporting updated on Rouvier Valeurs and Rouvier Europe .
Rouvier Valeurs uk 2008 12.pdf
Stéphane Chamouret – Founder of
