Wealth management firm Quilter plc announced the appointment of David Tiller as its commercial and propositions director as it continues the development and growth of…

By Mark McSherry American Century Investments, the $245 billion investment manager, has hired the portfolio management team responsible for Aberdeen Standard Investments’ total return bond…

The £460 million Standard Life Investments Property Income Trust (SLIPIT) has announced the acquisition of land in the Cairngorms National Park that will be used…

Edinburgh investment giants abrdn and Baillie Gifford are among 125 firms that have been endorsed under the UK’s tougher stewardship and best practice code to…

Edinburgh investment firm abrdn has declined to comment on reports in the London trade press that it is planning to establish a new London headquarters…

By Mark McSherry A manager of the Asia Pacific focused £410 million Aberdeen New Dawn Investment Trust plc has said that “capitalism is not dead in China”…

Aberdeen Standard Investments’ veteran Asia chairman Hugh Young told Bloomberg in an interview the Edinburgh-based asset management giant is sticking with its big China investments…

Aberdeen Standard Investments’ Pan-European Residential Property Fund (ASPER) said on Monday it has exceeded €1 billion of committed equity. ASPER is an open-ended fund designed…

Mark McSherry A top executive at Edinburgh-based investment giant Aberdeen Standard Investments said cryptocurrency is still the “wild west” in terms of regulation and consumer protection…

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…

Edinburgh-based investment giant abrdn announced that former State Street executive Hannah Grove will be appointed a non-executive director of the asset management group on September…

Edinburgh-based asset management giant abrdn on Wednesday outlined a new structure for its investment management team amid the decision by Rod Paris to retire as…

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 investment giant Standard Life Aberdeen announced on Monday that it has been officially renamed abrdn plc. The company’s stock market ticker was changed from…

Standard Life Aberdeen (SLA), currently changing its name to Abrdn, has announced the appointment of Tracey Hahn as its Chief People Officer. Hahn will report…

Edinburgh-based investment giant Standard Life Aberdeen said on Tuesday it expects that working from home (WFH) and hybrid working are likely to be “lasting” features…

Edinburgh-based Standard Life Aberdeen (SLA) — currently changing its name to Abrdn — has announced the appointment of Caroline Connellan as chief executive officer of Personal…

Edinburgh-based asset management giant Standard Life Aberdeen plc announced on Monday its intention to change its name to “Abrdn plc” — a move that will…

The UK’s central bank cut interest rates on Thursday for only the second time since 2020 — but the Bank of England said future reductions are…

US Treasuries fell sharply on Wednesday — with yields surging — as Donald Trump’s election victory led to an increase in bets on economic policy…

By Mark McSherry Scottish Financial Enterprise announced it will partner with The City of London Corporation to deliver a flagship summit in Edinburgh next year…

By Mark McSherry The UK’s Debt Management Office (DMO) has raised the UK government’s net financing requirement for the current 2024-25 fiscal year to £299.9…

David Whitehouse, Offshore Energies UK CEO: “Today we heard the Chancellor recognise the role of the oil and gas sector to support high quality jobs and…

Standard Life, part of Phoenix Group, has announced the appointment of Andrew Davies as independent chair of its Independent Governance Committee (IGC) which oversees the…

Revolut chairman Martin Gilbert is part of a group in talks to buy the Monaco-based arm of Banque Havilland SA, which last month lost its license…

A group of private equity investors agreed on Friday to buy Hargreaves Lansdown in a deal that values the Bristol-based investment platform at £5.4 billion….

Global stock markets fell sharply on Monday — with the Japanese index suffering its worst day in 37 years — as investors around the world…

KPMG’s latest UK Financial Services Sentiment Survey of 150 industry leaders found that 90% of them plan to increase their footprint outside of London in…

The UK’s central bank on Thursday cut interest rates for the first time since early 2020 — from 5.25% to 5% — and signaled that…

Abrdn’s Interactive Investor (ii) — the UK’s second-largest platform for private investors — said it has unlocked retail investor access to the UK Treasury Bill Market…

The Scottish National Party (SNP) has lost 38 Westminster seats so far in the UK general election — amid a low turnout by voters —…

The Association of Investment Companies (AIC) revealed there has been a whirlwind of corporate activity in the first half of 2024 as investment trust boards battled…

LGT Wealth Management announced that it has moved its Scotland office to a new headquarters in Edinburgh at Capital Square on Morrison Street, one of…

2i Testing, the Edinburgh-based quality assurance and software testing consultancy, said it has secured eight-figure funding from London-based private equity firm Rockpool Investments as it aims…

The Chartered Institute for Securities & Investment (CISI) announced that Jonathan Gibson and Shaid Moughal are the new co-presidents for the CISI Scotland committee. They…

Shares of Phoenix Group Holdings plc, owner of Standard Life, rose as much as 9% after it published 2023 results showing total cash generation of £2.024…

Only 12% of investment trust managers are female, according to research from the Association of Investment Companies (AIC). This figure remains unchanged since 2022 and…

Gordon Humphries has been elected as chair of the Association of Investment Companies (AIC) and Sapna Shah has been elected as deputy chair with immediate effect….

By Mark McSherry The next UK government is likely to face “some of the most difficult economic and fiscal choices the UK has faced outside…

Scottish investment firm Baillie Gifford is preparing to axe dozens of jobs as part of an ongoing cost review, according to a Bloomberg report. The…

Trade body Scottish Financial Enterprise (SFE) has launched “Scotland’s new vision for financial services: a sector growth strategy using our technology and ecosystem advantage.” The plan aims to unlock…

Scotland has returned to its historic position as the top location for financial services foreign direct investment (FDI) in the UK outside of London, according…

A number of major UK corporations including NatWest, John Lewis, Virgin Media O2 and insurers Phoenix, Zurich and Aviva quit the Confederation of British Industry…

Scottish Widows announced the launch of a new Global Environmental Solutions Fund it said will be “focused on directing pension investment into companies that provide…

Ahead of the Six Nations rugby starting this weekend, new data from social investing network eToro shows that the strongest XV Scotland-headquartered stocks have easily…

Edinburgh-based investment group Baillie Gifford has appointed Arthur Milson as a co-manager of its £631 million Baillie Gifford High Yield Bond Fund. Milson joins existing managers…

Veteran Scottish fund manager Martin Gilbert has predicted that 2023 “will prove to be the beginning of a renaissance” for active fund managers. Gilbert said…

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…

The UK’s central bank raised its key interest rate to 2.25% from 1.75% on Thursday and said it will continue to “respond forcefully, as necessary” to…

Abrdn’s £1 billion Murray Income Trust has increase its dividends per share 4.3% to 36p despite its net asset value (NAV) falling 4% in the year ended June…

Scottish Financial Enterprise (SFE) has announced a new chair along with other appointments to a new-look board. SFE said current deputy chair John McGuigan will…

The UK’s central bank on Thursday announced its biggest interest rate hike in 27 years and warned the UK is heading for more than a year…

Latest data from Abrdn-owned Interactive Investor (ii), the UK’s second-largest investment platform for private investors, shows a significant jump in voting on AGM shareholder resolutions in…

The UK’s central bank raised interest rates for a fifth straight meeting on Thursday and sent a strong message it is prepared to make larger…

Scottish Mortgage Investment Trust once again retained its title as the most-popular investment trust among Interactive Investor customers in May, despite the fund’s high-flying share price…

By Mark McSherry Scottish Mortgage Investment Trust has admitted it made a “mistake” in reducing its holdings of western online platform companies rather than their…

Baillie Gifford’s Scottish Mortgage Investment Trust has lost its position as the largest UK investment trust by stock market value amid the brutal sell-off in…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced the appointment of entrepreneur Maggie Semple as an…

Abrdn-owned investment platform Interactive Investor said it has hired Santander executive Saj Arshad as Chief Commercial Officer. “Saj brings a strong track record of driving business…

The UK central bank on Thursday raised interest rates to their highest since 2009 — hiking borrowing costs by a quarter-point to 1% to fight…

Abrdn’s investment platform Interactive Investor announced that the number of customers investing through its “regular investing” service rose by 19% in the first quarter of the…

A number of high flying funds and investment trusts managed by Edinburgh investment giant Baillie Gifford came back down to earth with a bang in…

Edinburgh has maintained its place as a leading international financial centre in the latest Global Financial Centres Index (GFCI), placing seventh in Western Europe, second…

UK finance minister Rishi Sunak announced tax cuts for workers and a reduction in fuel duty on Wednesday in his half-yearly budget update. Sunak set out…

Abrdn’s £1 billion Standard Life Private Equity Trust (SLPE) will be promoted to the FTSE 250, from the FTSE UK Small Cap index, following the…

The US Federal Reserve has raised its benchmark interest rate by a quarter of a percentage point in the first increase since 2018 — and…

Closed life and pension fund consolidator Phoenix Group Holdings plc reported record cash generation of £1.717 billion for 2021, exceeding its annual target range of £1.5…

ISA investors have kept faith in Baillie Gifford and its flagship fund Scottish Mortgage despite the turbulent start to 2022 for stock markets and the…

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…