All articles by Satarupa Bhowmik

Satarupa Bhowmik

BlackRock nears $12bn HPS acquisition deal

The acquisition may be announced soon after the Thanksgiving holiday, as per sources familiar with the matter.

UK wealth manager St James’s Place winds down property funds

The firm expects to liquidate most assets over two years, with investors receiving periodic returns.

Independent Advisor Solutions forges alliance with Goldman Sachs

This move follows last month’s launch of Independent Advisor Solutions and the “MiBLOX” collaboration with BlackRock.

ATB Financial finalises acquisition of BCV Asset Management

BCV provides tailored wealth management services to HNW investors seeking alternatives to traditional investment products.

AI-powered wealthtech Range secures $28m in Series B funding

The investment was led by Cathay Innovation and supported by Gradient Ventures, among others.

SimCorp extends partnership with Deutsche Bank in Asia Pacific

This renewal will allow Deutsche Bank to keep providing fund administration and accounting services using SimCorp One.

Tabono Capital, Invesco partner to offer UHNW investment solutions

The partnership will focus on developing model portfolios, and asset allocation frameworks.

Bain Capital closes $4.5bn acquisition of wealthtech Envestnet

Reverence Capital and Norwest also took part in the deal, which made Envestnet a private company.

Barclays to set up Singapore private banking centre by 2026

The centre will offer clients access to quasi-institutional investment solutions and cross-asset class offerings.

Mubadala seals deal to take Canada’s CI Financial private

The agreement stipulates the acquisition of all CI shares at C$32 per share in cash, excluding those held by senior management.