All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
BlackRock ties senior executives’ pay to private market profits
The scheme allows eligible executives to receive a share of carried interest from a pool of BlackRock’s main private markets funds.
State Street reports 5% decline in Q4 2025 profit
Assets under management (AUM) at the end of the quarter stood at $5.7tn, a 20% increase from the prior year.
State Street to acquire 23% stake in India’s Groww AMC
Groww AMC is the asset management subsidiary of Billionbrains Garage Ventures Limited (GROWW).
Raymond James to acquire Clark Capital Management
Clark Capital offers a range of investment solutions including multi-asset-class portfolios, proprietary model portfolios, and mutual funds.
BlackRock to trim around 1% of global headcount – report
The announcement comes as part of the firm’s customary review intended to enhance operational efficiency.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
UBS CEO Sergio Ermotti expected to step down in 2027 – report
Ermotti is anticipated to exit after completing the integration work between the two banking institutions.
HSBC sets up asset management operation in UAE
The new funds are managed from within the UAE by HSBC Asset Management, which has more than 600 investment professionals.
Kotak, Federal Bank lead bids for Deutsche Bank’s India retail portfolio – report
The assets on offer are understood to have a book size of at least $2.5bn.
PGIM considers divesting Indian asset management unit – report
The sources said that PGIM has appointed EY to provide advisory services for the potential sale of PGIM India Asset Management.
Aurum Capital unveils AI-driven quantitative wealth advisory platform
The platform is designed to assist investors with wealth management through data analysis and tailored portfolio strategies.