All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Aldermore Bank CEO Steven Cooper to lead Fairstone Group – report  

At Fairstone, Cooper is tasked with an objective to double the company’s size by the end of the decade. 

Swiss Senate paves way for direct government action on UBS capital rules

The outcome allows the government to directly move ahead with measures that could potentially raise UBS’s core capital needs.

CVC enters race to acquire Avendus Capital from KKR – report 

The early-stage discussions involve a thorough assessment of Avendus’ business operations and financial health.

Arrowpoint Investment Partners plans to raise $400m in new capital – report

The firm aims to achieve $2bn in assets by the end of 2026.

Tavistock to buy 76.59% stake in financial advisory firm Lifetime 

Lifetime services include financial advice, mortgages, investments, pensions, estate planning, savings, and protection. 

Hedge fund firm Capstone Investment to close Hong Kong office – report 

The closure will impact six employees who were part of the Hong Kong team.  

US  judge approves Vanguard’s $25m settlement over inflated tax bills 

The settlement relates to the company’s target-date funds and comes after a previous $40m proposal was rejected. 

CI Global to buy Canadian alternative asset manager Forge First  

Forge First administers four investment funds, comprising two liquid alternatives mutual funds and two limited partnerships. 

Franklin Templeton names new chief commercial officer  

Based in New York City, Daniel Gamba will be responsible for overseeing global sales, marketing, and product strategy.

BlackRock secures licences to operate in Kuwait 

Ali Al-Qadi will lead the Kuwait office and will continue his role in managing client teams in Kuwait and Qatar.