British asset manager abrdn is set to buy subscription-based investment platform interactive investor for £1.49bn in cash. The company said the deal would significantly enhance its presence and growth opportunities…
Swiss wealth management giant UBS has appointed JP Morgan senior executive Sarah Youngwood as its…
US-based private investment platform Republic has agreed to acquire European online private investment platform Seedrs for $100m (£75m). The acquisition…
Private banking firm Arbuthnot Latham has partnered with PushFar, a mentoring and career progression platform, to help employee onboarding. After…
Goldman Sachs and Amazon Web Services (AWS) have launched a new suite of cloud-based data and analytics solutions for financial…
Euclidean Capital, the family office of Renaissance Technologies founder Jim Simons, is reportedly ramping up its investments in machine learning…
Jupiter Asset Management has appointed Rachel Perini as head of institutional in the UK, further strengthening its institutional business. The appointment comes as the firm seeks to build out its…
Investment operations service provider STP Investment Services has acquired US-based third-party fund administrator Tower Fund Services. The deal, whose financial terms have been not disclosed, ramps up STP’s alternative fund…
Hightower has made a strategic investment in $700m wealth management firm Clear Perspective Advisors, which has offices in Aurora and St. Charles, Illinois. The size of the investment was not…
British legal and professional services firm Ince is entering the private wealth space with the launch of a fully integrated private wealth offering. The offering is said to comprise a…
Singapore wealth app Endowus has raised an additional $27m (S$35m) to fund its growth in the country as well as in other markets across Asia. Co-led by Prosus Ventures and…
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