Tag: Wealth management
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TPG Nears Deal to Acquire 30-40% Stake in IIFL Capital
Overview: TPG’s Path to a Significant Minority Stake Private equity giant TPG Capital is moving closer to a deal that would grant it a substantial minority stake in IIFL Capital Services, the wealth management and financial services arm created by Indian financier Nirmal Jain. The negotiations reportedly center on acquiring 30-40% of IIFL Capital, positioning…
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TPG Nears 30-40% Stake in IIFL Capital: What It Means for Indian Wealth Management
Overview: A Significant Minority Stake in IIFL Capital Private equity group TPG Capital is reportedly nearing a deal to acquire a substantial minority stake of 30-40% in Nirmal Jain’s IIFL Capital Services. If concluded, the transaction could position TPG as the largest shareholder and potentially influence strategic direction for IIFL Capital’s wealth management and financial…
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TPG Capital Nears 30-40% Stake in IIFL Capital, Signals Largest Shareholder Move
Overview: TPG Capital Eyes a Significant Minority Stake in IIFL Capital TPG Capital, the US-based private equity firm, is understood to be nearing a deal to acquire a substantial minority stake of about 30-40% in IIFL Capital Services, the financial services arm led by Indian financier Nirmal Jain. The potential investment would position TPG as…
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All About Confidence, Choice and Freedom: Making the Most of Bonus Season in Namibia
Bonus Season: A Moment of Confidence For many Namibian workers, bonus season marks more than extra money—it signals an opportunity to act with greater confidence. A first-ever bonus, a festive month payout, or seed capital for a side project can shift how you see your finances and your future. The simple act of receiving extra…
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Asia’s Rich Drive $200 Billion Revival in Complex Equity Notes
Record Revival: A New Wave of Complex Equity Notes The wealthiest households in Asia are fueling a dramatic comeback of complex equity notes tied to stocks in Hong Kong and Singapore. After years of painful losses from similar products, an array of structured notes now commands a record level of attention and capital. The latest…
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Powerball Jackpot: West Australian Wins $50 Million
West Australian Wins the $50 Million Powerball Jackpot A West Australian has secured the entire $50 million Powerball prize, a win that will alter the course of their life and potentially reshape the local community’s outlook on lottery luck. The draw, held on Thursday, provided a life-changing result for a single ticket holder who matched…
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DBS Q3 Profit Falls 2% but Beats Market Expectations
DBS Q3 Profit Declines 2% but Surpasses Expectations Singapore-based DBS Group Holdings Ltd. reported a 2% dip in net profit for the third quarter ended September 30, 2025, to S$2.95 billion from S$3.03 billion in the same period a year earlier. Despite the softer bottom line, the results beat market expectations on the back of…
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Wealthsimple Raises $750 Million at a $10 Billion Valuation to Accelerate Growth
Wealthsimple Announces $750 Million Equity Round at $10 Billion Valuation Wealthsimple, Canada’s leading financial innovator, has announced an equity round of up to CAD 750 million at a post-money valuation of CAD 10 billion. The round includes a CAD 550 million primary offering and a secondary offering of up to CAD 200 million. Co-led by…
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Few Heirs Keep Their Parents’ Wealth Advisors, Cerulli Study Finds
Generational wealth transfer curves to trillions, but advisor retention remains limited Over the next 25 years, more than $120 trillion in wealth will pass from one generation to the next. A Cerulli Associates study sheds light on a pivotal question for ultra-wealth clients, their heirs, and the professionals who guide them: will heirs keep the…
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Few heirs keep their parents’ wealth advisors, Cerulli finds
Most heirs retain, not replace, the family wealth advisor As Baby Boomers and their successors prepare for a generational wealth transfer, a Cerulli Associates study sheds light on how inheritors plan to manage, or reshape, the advisory relationships they inherit. Over the next 25 years, more than $120 trillion is expected to flow to heirs,…