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…

Perth-based renewable power and networks giant SSE has announced that output from its SSE Renewables’ assets in during the April 1 to September 22 period this…

Perth-based SSE Renewables announced it has signed an agreement with Pacifico Energy, one of Japan’s largest developers of renewable energy, to create a joint ownership…

SSE Renewables, Japanese conglomerate Marubeni Corporation (Marubeni) and Danish fund management company Copenhagen Infrastructure Partners (CIP) said up to £15 billion would be added to…

Assets under management held by the UK Investment Association’s 270 member firms grew to £9.4 trillion by the end of 2020, an increase of 11%…

Perth-based renewable power and networks giant SSE announced on Tuesday that Stephen Wheeler is to be appointed as managing director, SSE Renewables, following Jim Smith’s…

Perth-based renewable power and networks giant SSE finally responded on Monday to months of speculation that US activist hedge fund Elliott Advisors is pushing hard for…

Martin Gilbert’s fast-growing investment firm AssetCo plc has announced that former Standard Life Aberdeen executive Campbell Fleming will join its board of directors and take…

By Mark McSherry US activist hedge fund Elliott Advisors is pushing for a breakup of Perth-based energy and networks giant SSE after building up a…

Martin Gilbert’s investment firm AssetCo plc has announced that Lucy Draper will join the business as Director – Distribution. Draper was previously Director, Business Development…

SSE Renewables announced it will invest almost £50 million over the next two years to repower the existing Tummel Bridge Hydro-Electric Power Station near Pitlochry…

Edinburgh-based Aegon UK — owned by Dutch investment giant Aegon NV — has seen its assets under administration top £200 billion for the first time. In…

Rebranded Edinburgh-based asset management giant abrdn on Tuesday posted a 52% increase in adjusted operating profit to £160 million for the first half of 2021…

UPDATE 4 — Shares of SSE, the Perth-based energy and networks giant, have risen about 11% to £16.05 in the last few days amid claims in the…

Royal London said on Thursday its assets under management increased to a record high of £153 billion in the six months ended June 30, 2021, compared…

Perth-based energy and networks giant SSE said on Monday it agreed to sell its entire 33.3% stake in gas distribution operator Scotia Gas Networks Ltd…

Shares of Martin Gilbert’s investment firm AssetCo plc fell about 15% on Thursday to around £17.50 as it announced its intention to conduct a placing of…

Edinburgh funds platform Nucleus Financial Group — which has agreed to a £145 million takeover by investment firm James Hay — said on Friday its assets under administration…

The Aberdeen Standard European Logistics Income plc fund (ASLI) announced the acquisition of an urban logistics warehouse near Barcelona in Catalonia. “The purchase price of…

Edinburgh-based international oil and gas company Cairn Energy said on Thursday that a Paris court accepted its petition that Indian state-owned assets in the city…

Scottish and Southern Electricity Networks (SSEN) Distribution, a wholly owned subsidiary of SSE Plc, has published a £4.1 billion draft business plan for 2023 to 2028,…

Martin Gilbert’s investment firm AssetCo plc said on Thursday it reached agreement with Preservation Capital Partners Limited to acquire a 30% equity interest in Parmenion Capital…

Martin Gilbert’s investment firm AssetCo plc said on Monday it expects to “announce further activity” soon as it targets asset management deals. AssetCo said it…

Perth-based energy and networks giant SSE plc has announced the appointment of two new non-executive directors, Elish Angiolini QC and TSB Bank CEO Debbie Crosbie….

Aegon Asset Management said on Wednesday it has closed its UK Property Income and Property Income feeder funds after failing to raise sufficient cash to…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, said on Tuesday that talks to sell its…

Perth-based energy and networks giant SSE plc said on Wednesday its £7.5 billion capital investment plan in low-carbon projects up to 2025 is on track, with “considerable…

Martin Gilbert’s investment firm AssetCo plc announced that ex-Columbia Threadneedle executive Gary Collins will join the business as head of distribution. “Gary was previously head…

Martin Gilbert’s investment vehicle AssetCo plc announced it agreed to acquire Edinburgh-based Saracen Fund Managers Limited for £2.75 million in shares and cash. “The acquisition…

By Mark McSherry Aberdeen-based bus and rail giant FirstGroup plc said on Friday it agreed to sell North American businesses First Student and First Transit to…

The Scottish salmon farming industry has called for urgent action “to address discrepancies with export statistics published by the UK Government.” The Scottish Salmon Producers…

Leicester-based wealth and asset management business Mattioli Woods plc has announced the acquisition of Edinburgh-based Caledonia Asset Management Limited from its shareholders. The transaction is being…

Brexit has caused more than 440 firms in the UK banking and finance industry to relocate part of their business, move some staff, or set…

London-listed investment vehicle AssetCo plc said on Thursday more than 99% of its shareholders have approved its plans to appoint Scottish fund management veteran Martin Gilbert…

London-Based Waverton Investment Management Group announced it has acquired Scottish-based wealth planner Cornerstone Asset Management, subject to regulatory approval. Established in July 2010 and with…

Edinburgh funds platform Nucleus Financial Group — which has agreed to a £145 million takeover by investment firm James Hay — said on Tuesday its assets under administration…

Norwegian energy firm Equinor and Perth-based networks giant SSE plc have agreed a plan to jointly develop the world’s first 100% hydrogen-fuelled power plant in…

Perth-based energy and networks giant SSE plc said on Thursday it agreed to sell its contracting business SSEC — which has 1,900 employees — to investment firm…

Perth-based energy and networks giant SSE plc said on Tuesday it is “progressing options for divestment of all its equity stake” in Scotland Gas Networks…

London-listed investment vehicle AssetCo plc said on Friday that Scottish fund management veteran Martin Gilbert will become its chairman as it changes its business strategy “to…

Edinburgh funds platform Nucleus Financial Group — which last month agreed to be taken over — said on Tuesday its assets under administration increased 7.9% year-on-year…

Royal London Asset Management (RLAM), which manages assets of £148 billion, has announced the appointment of Hans Georgeson as it chief executive officer. Georgeson will…

Edinburgh-based investment giant Standard Life Aberdeen (SLA) revealed on Tuesday its assets under management and administration remained steady in 2020, slipping 1.8% to £534.6 billion….

Royal London said on Friday its 2020 profit before tax fell 68% to £131 million “reflecting reduced operating profit as well as lower relative returns on…

Aberdeen Standard Investments chief economist Jeremy Lawson has outlined what he called the “missed opportunities” of the UK budget. Lawson said the £40 billion worth…

SSEN Transmission, the SSE subsidiary which owns the electricity transmission network in the north of Scotland, has confirmed that it intends to appeal certain elements of…

ExxonMobil Corp said on Wednesday it will sell non-operating interest in its UK and North Sea exploration and production assets to private-equity fund HitecVision for…

Perth-based SSE Renewables and Spanish renewable energy operator Acciona S.A. said on Tuesday they have signed an exclusivity agreement regarding the formation of a 50-50…

The SSEN Transmission business of Perth-based energy giant SSE has published a discussion paper calling for views on the current Transmission Network Use of System…

Perth-based renewable energy and networks giant SSE plc said on Tuesday it has appointed banks to review options for divestment of all or part of…

Thorntons Investments, the Dundee headquartered wealth manager, said it has acquired Aberdeen-based Matheson Financial Consulting and Dundee-based Sonas Wealth Management as part of its ambitious…

Scottish salmon producers have called for the creation of a “cross-border” government task force to solve the post-Brexit export problems experienced by seafood businesses this year. Tavish…

London-listed investment vehicle AssetCo plc said on Monday that a “concert party” of Martin Gilbert, Peter McKellar, various associates and funds managed by Toscafund Asset…

Edinburgh funds platform Nucleus Financial Group announced its assets under administration (AUA) rose 8.1% to £17.4 billion in the three months to December 31, 2020. Earlier this…

SSE plc, the Perth-based renewable energy and networks giant, said on Tuesday it agreed to sell its portfolio of gas exploration and production (E&P) assets…

Shares of Edinburgh funds platform Nucleus Financial Group rose about 3% on Friday after it published an update on fourth-quarter trading saying its assets under administration…

Shares of Perth-based renewable energy and networks giant SSE plc rose about 3% on Tuesday after UK energy watchdog Ofgem proposed a return on equity…

Italy’s Eni is buying a 20% stake in the Dogger Bank Wind Farm project from Perth-based SSE and Norway’s Equinor. Dogger Bank Wind Farm, off…

Perth-based SSE Renewables and its 50-50 joint venture partner Equinor have reached financial close on the first two phases of what will be the world’s…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, said on Tuesday it is assessing a sale of…

Shares of Perth-based energy and networks giant SSE plc rose almost 5% on Wednesday after it published half-year results showing progress on its £7.5 billion…

Perth-based energy giant SSE, Iberdrola’s ScottishPower and the UK’s National Grid have confirmed they are developing ambitious plans to deliver “an underwater super-highway that will see…

Plans to create hundreds of jobs with a £200 million development at Ravenscraig are to be submitted by family-owned logistics firm Russell Group this week. …

Edinburgh funds platform Nucleus Financial Group said on Friday its assets under administration (AUA) have recovered to £16.1 billion, the level at which they started the…

Assets under management (AuM) at the world’s 500 largest asset managers exceeded $100 trillion for the first time in 2019, according to new research from the Thinking…