All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
NatWest finalises £2.7bn deal to acquire Evelyn Partners
The combined group will have £127bn in assets under management and administration.
Pictet Wealth Management names Kelvin Tay as CIO for Asia
Tay responsibilities will include overseeing macroeconomic research covering key Asian markets and shaping regional investment strategy
Corient to buy French multi-family office Letus
Letus Private Office oversees and administers about €4.1bn ($5bn).
Schroders nears Benchmark Capital disposal – report
The UK asset manager plans to shift resources towards clients with far larger investable assets.
US regulator fines BofA’s wealth unit Merrill over SAR failures
The regulator said the broker-dealer did not meet reporting and recordkeeping obligations and agreed to a $7.5m civil penalty.
General Atlantic in talks to buy PAG’s stake in Nuvama Wealth – report
The proposed transaction is valued at about $1.82bn (Rs171.38bn), the report said citing sources.
Mirae Asset lauches MAPS trading app in Hong Kong
The app is designed to let investors use one platform to reach products and exchanges in several markets.
UK financial watchdog consults on changes for closed ended investment funds
The proposals standardise safeguards for new investment managers, reinforce board independence from shareholders, and restrict manager-shareholder voting.
Lombard Odier and Alpha Japan sign asset and distribution agreements
Across Europe and the UK, Lombard Odier will distribute Alpha Japan LO am’s Japanese equity strategies.
Asset manager Mirova gets new chief executive
Léa Dunand-Chatellet will lead Mirova’s growth by expanding global sustainable investments and integrating listed and private assets.