All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Australian Unity to close Platypus Asset Management after business review 

The review identified persistent pressures on “long-term profitability” and questions over the business’s sustainability amid changes in the market. 

Türkiye imposes new hedge fund limits – report  

Depending on the company’s free-float ratio, hedge funds may hold between 2% and 8% of those shares. 

Wealth manager Kingsview Partners lands investment from FTV Capital 

The deal will support Kingsview’s expansion, including efforts to add more advisers, and develop its technology. 

Wells Fargo ramps up adviser recruitment after wealth overhaul – report 

The bank’s hiringeffort is centred on independent advisers, who are notitssalaried employees but operate using its platform. 

Deutsche Bank taps Thought Machine for technology overhaul 

Deutsche Bank’s Private Bank plans to spend about €600m on IT, operations and AI by the end of 2028.  

HSBC hires bankers from UBS and Bank of Singapore 

The bank expanded its regional team by appointing three new desk heads alongside a leader for its Global India franchise.  

Victory Capital enters $7bn deal to buy First Eagle Investments 

First Eagle, a privately held global asset manager, had around $222bn in assets under management as of 31 July 2026. 

Vanguard agrees to acquire wealth tech platform Altruist 

After the deal closes, Altruist is expected to continue as a standalone business and retain its leadership team.  

Edmond de Rothschild names new global CIO and equities co-head

The investment manager promoted Alain Krief to the role of global CIO, while Charles Lilford is joining as co-head of equities.

Ranjit Khanna to head EFG International’s Dubai Advisory Office  

Khanna will be responsible for the Dubai Advisory Office’s operations in line with the UAE and its wider Middle East framework.