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Purpose Unlimited Announces Completion of Steadyhand Acquisition

Global Newswire by Notified: M&A

TORONTO, June 10, 2025 (GLOBE NEWSWIRE) -- Purpose Unlimited Inc. (“Purpose” or “Purpose Unlimited”), a rapidly growing Canadian financial services firm, announced today that it has completed its acquisition of Steadyhand Investment Management Ltd. and Steadyhand Investment Funds Inc.

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FINBOURNE Technology increases funding total to over £100 million

The TRADE

FINBOURNE Technology has completed a secondary funding round which follows a Series B funding round of £55 million in June this year. Thomas McHugh The secondary funding round brings the total to over £100 million, making it one of the largest series B raises in the UK.

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BNP Paribas to pay €5.1 billion for AXA Investment Managers in trillion-dollar asset management JV

The TRADE

BNP Paribas has entered into a definitive agreement to acquire 100% of AXA Investment Managers – representing around €850 million in assets under management – for just over €5 billion. The deal is set to include an agreement for BNP Paribas’ long term management of a large part of AXA’s assets.

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Where to find fintech investment

Growth Business

Ascension Ventures Early-stage VC built by exited entrepreneurs ready to back the next generation of tech and impact founders Augmentum Fintech Augmentum Europe’s leading publicly listed fintech fund, investing in fast growing businesses that are disrupting the financial services sector.

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People Moves Monday: UBS, MEAG, Northern Trust Asset Management and more…

The TRADE

He joined Northern Trust in 2007 and has since worked in senior roles across portfolio management, client management and sales. Before joining Northern Trust Asset Management, Komoro spent six years at Mizuho Trust & Banking Co. as a fund manager for the passive and quantitative investment management department.

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TS Imagine expands APAC team with appointments from Enfusion

The TRADE

TS Imagine has expanded its team in the Asia Pacific with two new appointments from investment management fintech Enfusion. Stephanie Cheung has been appointed sales director, while An Hoong will work within the account management team, responsible for technical account management and client support.

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Is Singapore set to become the next major trading hub?

The TRADE

Hong Kong continues to be very active, with its authorities keen to maintain their hold on the financial services sector. We’ve seen a lot of activity with hedge funds and asset managers establishing themselves in Dubai or Abu Dhabi,” noted Walsh.

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