The Scottish market for homes worth over £1 million witnessed an “unprecedented level of activity” in 2021, according to Rettie, with a record 419 such…

Baillie Gifford has ranked first in the 2022 FE fundinfo Alpha Manager List with a total of 13 of its fund managers making the prestigious…

French reinsurer SCOR has announced a £5.5 billion “longevity transaction” with Lloyds Banking Group Pensions Trustees. Lloyds Banking Group (LBG) is the owner of Bank…

John Menzies plc, the Edinburgh-based aviation logistics giant, said it has engaged with its shareholders following its board’s unanimous rejection of the roughly £469 million…

Scotland’s private equity market saw a record number of mid-market deals in 2021 despite total investment still falling short of pre-pandemic values, according to new…

A “massive” shortfall of candidates and pressure to significantly increase salaries and perks “makes grim reading” for financial services sector businesses in Scotland, according to…

Baillie Gifford legendary investor James Anderson has said fund management “has inherently become inward looking” too often obsessed with share buybacks and dividends. Anderson said…

Analysts at London stockbroker and corporate adviser Numis have urged Abrdn shareholders to “carefully consider how they vote” at the March 15 meeting to approve…

Celtic plc said on Friday its revenue increased 29.9% to £52.9 million in the six months to December 31, 2021, and profit before taxation was…

Scottish salmon exports recovered to near-record figures in 2021, according to new figures released by the UK Government on Friday. Reinforcing its place as the…

NatWest Group — the bank formerly known as RBS — has announced the appointment of Raghu Narula as Managing Director, Customer Engagement & Distribution, within…

Macquarie Asset Management’s Goodstone Living said it has acquired its second site for a build-to-rent development in Edinburgh. The 2.5-acre consented site is expected to…

Abrdn’s core infrastructure investment team has announced the first closing of its third core/core+ infrastructure fund, Aberdeen Standard Core Infrastructure Fund III, with commitments totalling…

Kuwait-based airport services firm National Aviation Services (NAS) claimed on Thursday its roughly £469 million takeover approach for Edinburgh-based rival John Menzies plc “represents a compelling…

Edinburgh-based fintech lending platform LendingCrowd said it has closed a £100 million funding deal with Barclays Bank and a “large global investment firm” to support SMEs…

Glasgow-based cloud computing firm Iomart Group has bolstered its senior management team with the appointment of Ben Savage “to accelerate sales execution” in the role…

Royal London said on Wednesday its discussions on a potential merger with mutual life insurer LV= — formerly known as Liverpool Victoria — have ceased. Royal…

River & Mercantile Asset Management announced on Tuesday that Dan Hanbury is to leave the firm both as a partner and a portfolio manager. Martin…

The value of mergers, acquisitions and share deals involving Scottish registered corporates soared from £4.9 billion in 2020 to £16.4 billion in 2021, according to…

Royal London confirmed on Monday it has had “initial, exploratory discussions” with mutual life insurer LV= — formerly known as Liverpool Victoria — about a potential merger….

Beverly Hills-based international real estate investment company Kennedy Wilson said it has acquired Waverleygate, the historic prime office building opposite the Balmoral Hotel in central…

The UK’s Investment Association (IA) has revealed that savers invested £43.4 billion in retail funds in 2021 — the second best year on record behind…

Scottish Widows — part of Lloyds Banking Group — announced it will invest up to £25 billion in companies leading on decarbonisation and climate solutions…

Edinburgh-based asset management giant Baillie Gifford survived a downturn in its fortunes in the final quarter of 2021 to cling on to top spot in…

The angel investment market in Scotland rebounded in 2021 as deals led by angel syndicate members of LINC Scotland secured a record £146 million funding for…

Beeks Financial Cloud Group Plc, the Glasgow-based connectivity provider for financial markets, has announced the signing of a $2.2 million contract over four years for its…

Virgin Money, the banking group formerly known as CYBG, said its unsecured lending grew 3% to £5.6 billion in the three months to December 31,…

Edinburgh investment giant Abrdn has invested in Dott, a European e-scooters and e-bikes company, which has announced a $70 million extension to its Series B…

Newton Investment Management, part of BNY Mellon Investment Management, announced it hired veteran Scottish fund manager David Cumming and Abrdn portfolio manager Georgina Cooper for its…

Heriot-Watt University in Edinburgh has advertised a new executive role called “Executive Dean of the Edinburgh Business School & School of Social Sciences.” Heriot-Watt said…

Edinburgh investment giant Abrdn confirmed on Friday that it sold 39.98 million of its 144 million shares in life and pensions consolidator Phoenix Group Holdings…

The Scottish National Investment Bank has committed £30 million of funding for the expansion of Aberdeen Harbour, the largest marine infrastructure project in the UK….

Glasgow-based Smart Metering Systems plc (SMS) has announced that CEO Alan Foy will step down as chief executive officer and as an executive director of SMS…

Ineos announced it is taking the next significant step in its plan to convert its Grangemouth petrochemicals plant and oil refinery to run on hydrogen at…

Growth investor BGF said it invested almost £60 million in the Scottish growth economy in the last 12 months – more than double the previous…

Standard Life Private Equity Trust plc — soon to be renamed Abrdn Private Equity Opportunities Trust plc — has reported a record annual share price…

Forth Ports, which owns and operates eight commercial ports across the UK, has announced three new leadership roles as it restructures its senior team “to…

The UK’s Competition and Markets Authority (CMA) announced it is investigating the anticipated merger between National Express Group plc and Stagecoach Group plc. National Express…

Scotland’s onshore economic output is now estimated to be back above pre-pandemic levels, according to new figures published by the Chief Statistician. The figures show…

By Mark McSherry Shares of the tech-focused £1.1 billion Baillie Gifford US Growth Trust plc rose as much as 5% after the closed-end fund company…

Toronto-based renewable energy developer Amp Energy announced it will create Europe’s two biggest battery storage facilities with a 800 MW battery portfolio in central Scotland called the Scottish Green Battery…

Shares of Edinburgh-based Capricorn Energy — formerly Cairn Energy — rose about 7% on Tuesday after it published an update on its trading performance together with…

Edinburgh asset management giant Abrdn has confirmed reports that it is exploring how it can enable individual and institutional investors to buy “tokens” in buildings,…

Salmon Scotland — formerly the Scottish Salmon Producers Organisation (SSPO) — has protested strongly against huge rent increases for salmon farmers announced on Tuesday by…

Edinburgh-based investment group Abrdn and its 60%-owned property and logistics investment fund Tritax announced they will provide up to £2 billion of private funding for…

Standard Life, part of Phoenix Group, said it has concluded a £1.7 billion bulk purchase annuity (BPA) transaction covering all members of the Gallaher Pension…

The Auditor General for Scotland Stephen Boyle has said the Scottish Government needs to take “urgent action” to ensure essential progress in improving how workforce…

St Andrews University spinout firm Pneumagen, a clinical stage biotech company, announced it has raised a further £3.8 million to advance clinical development and manufacturing of…

International real estate consultancy Avison Young has predicted that economic growth in Edinburgh and Glasgow will more than double in 2022 and that Scotland’s largest…

Scottish Mortgage Investment Trust plc, Baillie Gifford’s flagship fund, announced on Thursday it has raised a further $400 million of long-term borrowings. In a new private…

Scotland’s GDP is expected to grow by 4.8% this year, according to new analysis by KPMG UK. With Omicron posing a milder setback than earlier…

Asset custody and investment tech firm Seccl has announced that former Nucleus Financial Group chief executive David Ferguson will join Seccl as its new CEO,…

New research from Savills shows that the Scottish hotel market saw investment volumes reach £185 million in 2021 — a 166% increase on the £70…

Crown Estate Scotland on Monday announced the outcome of its application process for ScotWind Leasing — the first Scottish offshore wind leasing round in over a decade. It said a total of just…

First Minister Nicola Sturgeon and Scottish Financial Enterprise chair Philip Grant are to co-chair a “refocussed” national board to “ensure the crucial role of financial…

Shares of Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, rose as much as 15% on Friday after the firm published a production…

Swiss private markets firm Partners Group has agreed to acquire Aberdeen-based North Star, the operator of specialized vessels for emergency response and essential offshore wind…

Shares of Aberdeen-based global engineering and consulting giant Wood plc rose more than 20% on Thursday after it announced it has started a “full sale…

The membership of the Association of Investment Companies (AIC) has elected former Standard Life Investments head of investment companies Gordon Humphries and Fidelity International’s head of…

Shares of Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, rose about 4% on Wednesday after the firm said it enjoyed a strong…

Scientists at the MRC Human Genetics Unit of Edinburgh University and the Roslin Institute have launched a spinout company that aims to democratise genetic data…

Standard Life, part of Phoenix Group, announced it will move £15 billion of assets and 1.5 million pension customers to a “sustainable default strategy.” Standard Life…

The UK’s Financial Conduct Authority announced it will launch two market studies “and gather further information” to investigate access to wholesale data in financial markets…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced that it completed four Bulk Purchase Annuity (BPA)…

Edinburgh-based investment giant Baillie Gifford has appointed Ross Mathison as a portfolio manager of its Global Income Growth Fund and Responsible Global Equity Income Fund,…

Grand Theft Auto maker Take-Two Interactive has agreed to buy Farmville creator Zynga in a shares and cash deal worth about $11 billion. The deal is one of…

NatWest Group, the bank formerly known as Royal Bank of Scotland, has appointed ex-Linklaters boss Gideon Moore as chief legal officer and general counsel. Moore…

Baillie Gifford’s £1 billion Schiehallion Fund was the best performing investment trust of 2021 with a price total return of 103.3% as private equity trusts dominated…

The latest data from Mercer’s Pensions Risk Survey shows that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed…

The £800 million Abrdn UK Smaller Companies Growth Trust plc and Baillie Gifford’s £1 billion Scottish American Investment Company plc were among the best performing investment trusts of…