All articles by Satarupa Bhowmik
Satarupa Bhowmik
India’s ICICI Prudential Asset Management files for $1.2bn IPO
The business is a joint venture between ICICI Bank, which has a 51% stake, and Prudential that owns the remainder.
Fi3 Advisors, Opto partner to streamline private markets investing
The collaboration aims to improve Fi3’s private markets programme by developing a customised annual vintage funds programme for clients.
Modern Wealth buys California advisory firm Kaye Capital Management
KCM is a fee-only advisory firm managing over $700m in assets and advising on an additional $300m.
Former UK PM Rishi Sunak returns to Goldman Sachs as senior advisor
Sunak interned at Goldman Sachs in investment banking in 2000 and worked as an analyst from 2001 to 2004.
HSBC appoints new global head of Investments and Managed Solutions
Abouzahr will lead the bank’s global wealth product strategy with an emphasis on sustainable investment options.
Egon Zehnder acquires The Prince Houston Group
The Prince Houston Group caters to various clients, including asset management firms, family offices, and private equity funds.
L1 Capital, Platinum Asset Management enter merger deal
After the merger, L1 Capital shareholders will own 74% of the combined entity, while Platinum shareholders will hold 26%.
Deutsche Bank consolidates wealth services for enhanced client focus
A new “Wealth Planning Germany division” will also be launched within wealth management, headed by Lisa-Marie Wohrle.
Constellation Wealth Capital to pick minority stake in Merit Financial
The investment supports Merit’s objectives to grow its advisor platform and enhance its national reach.
Citi invests in HANetf to bolster ETF white-label services
The investment sees Citi join other institutional shareholders, including Elkstone, Point72 Ventures, and ThirdStream Partners.