News


AIC slams Morningstar for Scottish Mortgage move

The UK’s Association of Investment Companies (AIC) is taking on the mutual fund analyst giant Morningstar following its downgrade of Baillie Gifford’s Scottish Mortgage Investment…


Sturgeon announces plans for new referendum

Scotland’s First Minister Nicola Sturgeon pledged on Tuesday to publish draft legislation for a new Scottish independence referendum before the Scottish Parliament elections next year….








Wood Group shares soar amid Barclays ESG boost

Shares of Aberdeen-based global engineering group Wood plc rose about 6% on Friday following a positive note from Barclays Capital analysts who reaffirmed their “overweight”…








Aberdeen Standard launches sustainable Asian fund

Edinburgh-based investment giant Aberdeen Standard Investments (ASI) has launched a new Asian Sustainable Development Equity Fund. Aligned with the United Nations’ Sustainable Development Goals (UN…









Troubled Hurricane Energy hires new CEO

Troubled West of Shetland oil and gas explorer Hurricane Energy plc said on Friday it appointed veteran energy executive Antony Maris as its CEO designate. Maris…











Aberdeen Standard closes underperforming fund

Edinburgh-based asset management giant Aberdeen Standard Investments said it is closing its underperforming ASI UK Recovery Equity Fund on October 22 after the fund’s largest…