All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Mubadala Capital wraps up purchase of Canadian wealth firm CI Financial 

The expansion is in line with Mubadala’s objective to establish an asset management platform that integrates alternative investment classes and geographic markets.  

Sarasin & Partners names new head of private clients  

Tom Vernon will oversee the management of £4.9bn in assets for over 850 clients. 

Dynasty Financial Partners and Abacus reach equity swap deal

The deal sees Dynasty Financial Partners making a minority investment in Abacus Global Management and vice versa. 

IFA consolidator Absolute Financial Group launches with Inflexion backing 

Absolute Financial Group is consolidating advisory businesses under a single structure to support advisers. 

Norway’s Wealth Fund to reduce Israeli holdings amid regional tensions 

The fund has stated that all Israeli investments formerly handled by external managers will now be managed internally. 

Eagle Point Securities oversees $2bn funds as sole dealer manager 

The investment strategies include portfolio debt securities, regulatory capital relief transactions and collateralised loan obligation securities. 

FCA to streamline sustainability reporting for asset managers  

The regulator has updated its sustainability reporting requirements webpage, offering guidance on efficient reporting under both TCFD and SDR rules.  

Goldman Sachs’ Erich Bluhm to retire – report  

Bluhm has been a key figure in the bank’s Americas equity capital markets coverage for financial institutions.   

Citigroup names new co-head of mergers and acquisitions from JPMorgan

Guillermo Baygual will work alongside Drago Rajkovic, another ex-JPMorgan executive who joined Citigroup in June, an internal memo said.

Vanguard reaches settlement in lawsuit over investor tax bills – report

This legal action originated from a shift by Vanguard in December 2020, lowering the minimum investment threshold for its institutional clients.