SSE Thermal announced it is developing a “first-of-a-kind” project in the Humber area of North East England which would unite hydrogen production, storage and power…

Assets managed by the investment trust industry have slipped about 3% in 2022 — standing at £268.5 billion as of December 9 — according to…

SSEN Transmission said it welcomes UK regulator Ofgem’s approval of the need “for the strategic electricity transmission reinforcements required” to deliver the UK Government’s 50GW…

By Mark McSherry — Martin Gilbert’s AssetCo has announced plans to bring together its four active equity asset management subsidiaries under its River and Mercantile brand….

Abrdn confirmed on Friday that Ralph Bassett, its head of US equities, is leaving the firm. “We can confirm that Ralph Bassett has decided to…

SSE plc, the Perth-based electricity infrastructure giant, said on Wednesday it has completed the sale of a 25% minority stake in its electricity transmission network business SSEN Transmission…

By Mark McSherry — SSE plc, the Perth-based electricity infrastructure giant, confirmed on Friday it has reached agreement to sell a 25% minority stake in its electricity transmission network…

Ontario Teachers’ Pension Plan Board is emerging as a frontrunner to acquire a stake in SSE’s multibillion-pound electricity networks, according to a Bloomberg report. The…

SSE plc, the Perth-based electricity infrastructure giant, said on Wednesday it invested almost four times as much as it made in profits in the first half of…

Martin Gilbert’s fast-growing asset manager AssetCo announced completion of the acquisition of Colin McLean’s Edinburgh-based SVM Asset Management and said it plans to have a…

By Mark McSherry — Edinburgh-based fund management group Baillie Gifford revealed on Wednesday that its assets under management and advice have fallen roughly 40% to £216…

Martin Gilbert’s fast-growing asset manager AssetCo announced that Gary Marshall has been appointed as its Chief Financial and Operating Officer (CFOO) and has joined its…

SSE plc, the Perth-based renewable energy and power networks giant, said on Tuesday it is committed to reinvesting “any additional profits derived from market variability” directly back into…

By Mark McSherry — Assets under management held by the 250 member firms of the UK’s Investment Association (IA) reached a milestone £10 trillion in 2021, according…

The chief executive of SSE plc, the Perth-based renewable energy and power networks giant, has said the UK government “can smooth energy costs for households beyond what industry…

Edinburgh-based investment giant Abrdn confirmed it has concluded a deal to become the largest external shareholder in Archax, the UK’s first regulated digital securities exchange. Abrdn…

Shares of Edinburgh-based investment giant Abrdn fell about 7% on Tuesday after it published first-half results showing its assets under management and administration (AUMA) fell £34…

Royal London said it made a loss before tax of £228 million in the first half of 2022 compared to a £228 million profit for the…

SSE plc, the Perth-based renewable energy and power networks giant, said it successfully issued a €650 million 7-year green bond maturing August 1, 2029, at a coupon…

SSE plc, the Perth-based renewable energy and power networks giant, announced that its first-quarter performance has “slightly exceeded” its expectations and that it remains confident in its financial…

Edinburgh investment giant Abrdn announced a big shake up in its Real Assets business, with 12 people “voluntarily” leaving the business. In its Real Assets unit,…

Edinburgh-based fund management giant Baillie Gifford said the global rout in growth stocks “has been both staggering and sobering” and has been a “humbling experience for…

SSE Thermal and Equinor have agreed to acquire Triton Power Holdings Ltd from private equity firm Energy Capital Partners for £341 million. SSE Thermal and…

An independent report has been commissioned into how funding for the Scottish Government is calculated. The report will be co-authored by Professor David Bell of…

Martin Gilbert’s fast-growing AssetCo said on Monday it agreed to acquire Colin McLean’s Edinburgh-based fund management business SVM Asset Management for £10.7 million. AssetCo said SVM…

The chief executive of SSE, the Perth-based renewable energy and power networks giant, has hit out at UK finance minster Rishi Sunak’s plan to impose…

Edinburgh-based ready meals firm Parsley Box Group plc on Wednesday published a trading update for the five months ending May 31 and revised guidance for FY22….

SSE plc, the Perth-based renewable energy and power networks giant, said on Wednesday its investment in Great Britain’s electricity infrastructure system could total in excess of £24…

Aberdein Considine has announced it will merge with Edinburgh law firm and solicitor estate agent Russel+Aitken Edinburgh LLP. The combined businesses – which will trade…

Edinburgh-based investment giant Baillie Gifford revealed on Tuesday that its assets under management and advice have fallen more than 30% to £239 billion since the…

Scottish Friendly has announced its assets under management rose to £5.4 billion in 2021 and the mutual financial firm’s membership increased by 31,000 to 776,000….

SSE Renewables announced it entered an agreement with Siemens Gamesa Renewable Energy (SGRE) to acquire its existing European renewable energy development platform for €580 million….

Shareholders of Martin Gilbert’s investment firm AssetCo have voted overwhelmingly in support of the group’s takeover of fund manager River & Mercantile. On January 25, AssetCo…

SSE plc, the Perth-based renewable energy and power networks giant, announced that it successfully launched an issue of hybrid capital securities which was “well received ……

SSE subsidiary SSEN Transmission announced it agreed terms for a £350 million private placement with Pricoa Private Capital, part of PGIM, Inc. and one of…

Shares of Perth-based renewable energy and power networks giant SSE touched a record high over £17 a share on Tuesday after the company raised its annual earnings…

SSEN Transmission – the electricity transmission owner for the north of Scotland – has submitted to the energy regulator Ofgem £400 million proposals to reinforce…

Royal London said on Friday its assets under management increased about 11% to a record high of £164 billion due to positive market movements and…

London-based asset manager Schroders plc said on Thursday its 2021 profit before tax rose 25% to £764.1 million and its assets under management (AUM) increased by 10% to…

Martin Gilbert’s fast-growing investment firm AssetCo plc has reached agreement to acquire Edinburgh-based Revera Asset Management Limited for about £2.8 million in shares and cash. The…

Martin Gilbert’s investment firm AssetCo plc has announced results for the year ended September 30, 2021, during which it grew its assets under management from zero to…

Perth-based SSE plc was the biggest winner after the UK Government awarded about £375 million of contracts at record high prices to power plant owners to…

Global institutional pension fund assets in the 22 largest markets (the P22) reached a record $56.6 trillion at the end of 2021, according to the…

Baillie Gifford investment trust Scottish American Investment Company (SAINTS) saw its assets top £1 billion at the end of the year to December 31, 2021, as…

SSE Renewables announced it has completed its agreement to sell a 10% interest in the giant Dogger Bank C offshore wind farm to Eni for…

SSE, the Perth-based renewable energy and power networks giant, announced that former Barrick Gold and Blackrock executive Catherine Raw will join the company as managing…

Edinburgh-based investment giant Abrdn said on Wednesday its assets under management and administration (AUMA) at December 31, 2021, increased to £542 billion, compared with £535…

Flaws found in the way that Scottish Canals recorded and valued its assets meant that auditors could not give an opinion on its accounts, according to…

Perth-based renewable energy and power networks giant SSE — the biggest listed company run from Scotland — on Tuesday upgraded its expectations for full-year 2021-22…

SSEN Transmission — the electricity transmission owner for the north of Scotland — welcomed Monday’s publication by National Grid Electricity System Operator (NGESO) of this…

Martin Gilbert’s investment firm AssetCo plc said on Tuesday it agreed an all-share deal worth £99.8 million to buy fund manager River & Mercantile Group (RMG)….

Martin Gilbert’s investment firm AssetCo plc has been given another extension to the deadline by which it must make an offer for fund manager River and…

SSE Renewables has announced plans to enter bids into the upcoming tenders for the 1.4GW Hollandse Kust (west) Wind Farm Zone in the Netherlands which…

Premier Miton Group announced it has withdrawn from acquisition discussions with the board of fund manager River and Mercantile Group (RMG). This leaves Martin Gilbert’s investment firm AssetCo…

SSEN Transmission, together with National Grid Electricity Transmission (NGET), has submitted a “Final Needs Case” (FNC) to regulator Ofgem for the first of two subsea…

Odysseus Capital Management announced it has secured planning permission for the redevelopment of Edinburgh One at 60 Morrison Street — the former headquarters of Scottish…

The Scottish Government’s transport minister Graeme Dey has announced the appointment of a chief executive officer and finance director for Scottish Rail Holdings, which will take…

SSE, the Perth-based renewable power and networks giant, has received support from institutional shareholders Royal London Asset Management and Columbia Threadneedle in its rejection of…

By Mark McSherry SSE has come under a fresh attack from US activist hedge fund Elliott Management, which is now calling for the Perth energy…

SSE Renewables and joint venture partner Equinor have reached financial close on Dogger Bank C, the third phase of what will be the world’s largest…

Scottish and Southern Electricity Networks (SSEN) Distribution, a subsidiary of Perth-based renewable power and networks giant SSE plc, has unveiled proposals to invest around £4 billion…

SSE Renewables and Equinor, the joint venture partners co-developing the 3.6GW Dogger Bank Wind Farm in the North Sea, announced that 15-year offtake Power Purchase…

Martin Gilbert’s investment firm AssetCo plc is one of two companies that have made preliminary bid approaches for fund manager River and Mercantile Group (RMG),…

The number of private sector businesses operating in Scotland fell almost 20,000 in the year to March 2021 to 344,505, according to the Scottish Government’s latest…

SSE, the Perth-based renewable power and networks giant, announced on Wednesday a “Net Zero Acceleration Programme” including an “enhanced, fully funded £12.5bn strategic capital investment…

Perth-based renewable power and networks giant SSE confirmed it has agreed to sell a 10% stake in Dogger Bank C to Eni for an equity consideration…

Livingston-based smart metering firm Energy Assets Group announced it has completed a £690 million refinancing package, including £185 million of capital expenditure (capex) facilities. Energy Assets said it…

A new report from Barclays Eagle Labs and Beauhurst reveals that Edinburgh, Manchester and Leeds top the list of local authorities for the highest number…

The UK’s energy market regulator Ofgem said on Monday it has launched two investigations into whether SSE Generation Limited, part of Perth-based SSE, and transmission…

Martin Gilbert’s investment firm AssetCo plc announced it has completed the acquisition of a 30% equity interest in Parmenion Capital Partners LLP, a discretionary investment…