Author: Charlotte

For boutique and mid-sized UK wealth managers, the question is therefore whether independence can realistically be maintained over the long term or whether consolidation is increasingly becoming the default route // Image: William Barton, Shutterstock The UK wealth management sector has seen a fresh wave of deal activity in recent months as US wealth managers and private equity-backed groups continue to expand into the market.  In September 2025, Miami-based Corient agreed to acquire Stonehage Fleming (which oversees $175 billion in assets) and Stanhope Capital Group ($40 billion AuM) in a deal that will take the enlarged group to around $430…

London law firm Rosling King has been acquired by private equity-backed Horwich Farrelly after the firm filed a notice to appoint administrators earlier this month under mounting financial pressure.HF said it had taken on around 40 lawyers and staff from the firm, with the team joining on Tuesday (26 May).Rosling King filed a notice to appoint administrators on 8 May, saying it faced “significant creditor pressure” linked to large unpaid fees owed to the firm.HF said the Rosling King team would strengthen its commercial offering in areas including dispute resolution, insolvency and real estate.Rosling King senior partner Georgina Squire said:…

Key Takeaways An “axe” is a trader’s expressed interest in buying or selling a security they hold.Axes are traditionally used in bond markets, but now apply to all types of securities.Keeping axe information private helps prevent market exploitation by other traders.Understanding a trader’s axe can provide insights into their strategic trading decisions.The term “axe” should not be confused with “ax,” which is a market maker role. Get personalized, AI-powered answers built on 27+ years of trusted expertise. What Is an Axe? An axe (or “axe to grind”) is a trader’s strong interest in buying or selling a security that is…

SoFi Technologies’ bank-issued, U.S. dollar-backed stablecoin SoFiUSD is now available for SoFi members to buy, sell, hold and convert directly within the SoFi app. “Members can access SoFiUSD starting today, with full availability expected by early June as users update to the latest version of the SoFi app,” the company said in a Wednesday (May 27) press release. The stablecoin is available on Ethereum and Solana, and it will be added to other networks, according to the release. SoFiUSD is redeemable 1:1 for U.S. dollars from SoFi Bank, which maintains liquid assets to support all outstanding SoFiUSD. Regular attestations are…

FOR IMMEDIATE RELEASELocke + Co.’s Big Blaze Bourbon WinsGold at 2026 Ascot Awards & Double Gold at the 2026 Denver International Spirits CompetitionTen percent of all sales from Big Blaze Bourbon benefitsGrand County firefighters and fire prevention effortsDenver, Colo. (May 27, 2026) — The Denver distillery making whiskey from aspen trees burned in the historic East Troublesome Fire won big in their backyard at the 2026 Denver International Spirits Competition. The second release of Locke + Co.’s limited-edition Big Blaze Bourbon received unanimous double gold-level scores from a blind-judging panel of industry professionals at the prestigious competition. In addition, they…

PROVIDENCE, R.I. [Brown University] — During its annual spring meeting in May, the Corporation of Brown University elected eight new members to its Board of Trustees. Each was invited to serve on Brown’s highest governing body based on their commitment to the University and its mission of education and research.The new trustees are Suzi Kwon Cohen; Oliver Haarmann; Adam M. Korn; Frayda B. Lindemann; Alina Moran; Anne Pedrero; Logan Tullai; and Kehli Harding Woodruff. Members of the Board of Trustees customarily serve six-year terms, with new alumni trustees serving for three years. Tullai will serve as a new alumni trustee.Members are formally engaged in October at the first…

Many mutual fund advisors believe that 2026 is going to be the year of hybrid funds. Because of the uncertainties regarding the global economy and ever rising Indian stock market, advisors have been advising investors to move cautiously. In such a scenario they believe that investing in hybrid mutual funds – schemes that invest in equity and debt – may serve investors, especially new and inexperienced investors, better.Conservative hybrid mutual funds are the entry to the world of hybrid funds. These schemes invest mostly in debt and a small percent in equity. As per the Sebi norms, conservative hybrid schemes…

Block’s Cash App has quietly begun rolling out its highly anticipated stablecoin payment feature, a source familiar with the matter told CoinDesk Wednesday. According to this individual, the feature is now active for 25% of Cash App’s nearly 60 million users, with plans to scale to 100% by the end of the week.Block did not immediately respond to a CoinDesk request for comment.The launch marks an unprecedented ideological shift for Block’s leadership and changes how the platform handles digital fiat currency.The source familiar with the matter said that integrating alternative blockchain rails indicates Block CEO Jack Dorsey, a historically staunch…

Sagard Real Estate (SRE), a U.S.-based real estate investment advisor and subsidiary of Sagard, announced the acquisition of 18463 Blueberry Ln, a 222-unit garden-style multifamily community located in Monroe, Washington, within the greater Seattle metropolitan area. The investment was completed on behalf of Sagard Real Estate’s recently launched core-plus open-end fund, which focuses on seaport and last-mile industrial properties, workforce rental housing, and other niche property sectors in supply-constrained, high-growth markets across the United States. Located in Monroe, a rapidly growing suburb in the Seattle metro area, the property benefits from strong demographic trends, relative affordability compared to Seattle’s Eastside…

Surging demand for AI infrastructure is reshaping private capital fundraising strategies, with data centres in particular attracting growing investment.That’s the conclusion of experts from global law firm White & Case. In newly-published insight, they state that the scale of private capital flowing into AI infrastructure is influencing broader allocation strategies.Sandra Rafferty, co-head of the Global Infrastructure Industry Group at White & Case, said: “The scale of capital now being directed towards AI infrastructure is starting to reshape deployment strategies across the private capital market.“Data centre projects are becoming larger, far more complex and significantly more power-intensive, which is increasing investor…