The Association of Investment Companies (AIC) has called on new UK prime minister Andy Burnham to “help save our stock market” as increasing numbers of…

Responsible finance provider Social Investment Scotland (SIS) has announced five new additions to its board of directors, bringing fresh expertise in HR, philanthropy, community finance,…

The UK’s Financial Conduct Authority (FCA) on Friday finally published a consultation paper on proposed changes to its UK Listing Rules for closed‑ended investment funds…

Edinburgh Worldwide Investment Trust plc (EWIT) said on Thursday it “remains committed to providing shareholders with a liquidity opportunity and intends to pursue a tender…

Baillie Gifford’s flagship investment trust company, the £16 billion Scottish Mortgage fund, said its net asset value (NAV) total return was 27.4% and its share…

The UK’s Financial Conduct Authority (FCA), the London-based regulator, announced that its Annual Public Meeting (APM) will be held in Edinburgh for the first time…

Executive Search firm Carlyle said it has acquired a majority stake in School for CEOs, the executive development company founded by Patrick Macdonald and Scotland…

Baillie Gifford’s flagship investment trust company, the £16 billion Scottish Mortgage fund, said on Tuesday its investment in SpaceX was valued at just under £3…

Aberdeen Investments said on Thursday it has been proposed as the investment manager of the £1.5 billion Herald Investment Trust plc (HRI) — with controversial…

The chair of the Baillie Gifford-managed £860 million Edinburgh Worldwide Investment Trust plc (EWIT) has warned that the UK’s entire £261 billion investment trust sector…

The David Hume Institute announced Paul Atkinson as its new chair “at a time when Scotland faces growing economic and policy challenges.” Atkinson is a…

The Baillie Gifford-managed £860 million Edinburgh Worldwide Investment Trust plc (EWIT) said late on Friday that its tender offer with an exit option “has not…

The Association of Investment Companies (AIC) has urged the UK’s Financial Conduct Authority (FCA) to tighten UK Listing Rules after New York hedge fund activist…

The chair of the Baillie Gifford-managed £860 million Edinburgh Worldwide Investment Trust plc (EWIT) has hit back at Financial Conduct Authority (FCA) comments suggesting the…

The Baillie Gifford-managed £860 million Edinburgh Worldwide Investment Trust plc (EWIT) told shareholders on Monday its controversial tender offer for up to 100% of EWIT’s…

Baillie Gifford’s flagship investment trust company, the £15.2 billion Scottish Mortgage fund, will ask shareholders at a General Meeting on April 10 for approval to…

The Baillie Gifford-managed £860 million Edinburgh Worldwide Investment Trust plc (EWIT) on Tuesday announced its intention to put forward a proposal to implement a tender offer…

With International Women’s Day approaching on March 8, the Association of Investment Companies (AIC) has revealed that 42% of investment trust directorships are now held by women, but…

New York hedge fund Saba Capital Management, the largest shareholder of Edinburgh Worldwide Investment Trust plc, said on Thursday it has recommended that if elected,…

The Baillie Gifford-managed £860 million Edinburgh Worldwide Investment Trust plc (EWIT) said on Tuesday it is to face a third attempt by New York hedge…

The Baillie Gifford-managed £830 million Edinburgh Worldwide Investment Trust plc (EWIT) said on Tuesday its other shareholders overwhelmingly rejected proposals by New York hedge fund…

The Baillie Gifford-managed £830 million Edinburgh Worldwide Investment Trust plc (EWIT) said its net asset value (NAV) per share increased by 29.7% and the share…

Fund research firm Kepler Trust Intelligence said on Tuesday that shareholders of Baillie Gifford’s £864 million Edinburgh Worldwide Investment Trust plc (EWIT) should vote against…

Baillie Gifford’s £850 million Edinburgh Worldwide Investment Trust plc (EWIT) has urged shareholders to vote against New York hedge fund Saba Capital Management’s bid to…

New York activist hedge fund Saba Capital Management announced it has officially requisitioned the board of directors of the £850 million Edinburgh Worldwide Investment Trust…

Baillie Gifford’s flagship investment trust company, the £15.5 billion Scottish Mortgage fund, on Friday reported a 22.9% rise in Net Asset Value (NAV) for the six…

The Association of Investment Companies (AIC) has called on UK finance minister Rachel Reeves to take “bold” action in her upcoming Budget to foster an…

By Mark McSherry (UPDATE 5) — Baillie Gifford’s flagship investment trust, the £15.5 billion Scottish Mortgage fund, has outlined third-quarter changes to its portfolio of…

By Mark McSherry The Association of Investment Companies (AIC) have sent a “briefing note” to MSPs and Scottish MPs at Westminster to educate them on…

UK central bank governor Andrew Bailey is to deliver a keynote address at Scotland’s Global Investment Summit next month. The event will be held at…

The UK investment management industry recorded 10% growth in assets under management (AUM) to reach a new peak of £10 trillion in 2024, according to…

By Mark McSherry Financial industry leaders on Tuesday set out ambitious plans to unlock growth in Scotland’s investment management sector with a plan to double assets…

Cairngorm Mountain, one of Scotland’s leading outdoor attractions, has appointed Mike Gifford as its new chief executive. Reporting to the board of the company, which…

Edinburgh and Glasgow have boosted their positions as leading global financial centres, according to the latest Z/Yen Global Financial Centres Index, the leading measure of…

The Association of Investment Companies (AIC) has launched a campaign to ensure all investors can exercise their right to vote their shares amid the attack…

The board of Herald Investment Trust plc announced that requisitioned resolutions to oust the current board put forward by US activist hedge fund Saba Capital…

Baillie Gifford’s £800 million Edinburgh Worldwide Investment Trust — one of the seven investment trust companies currently under attack from New York activist hedge fund…

The Association of Investment Companies (AIC) has written to the Financial Conduct Authority (FCA) to raise concerns about protection of retail shareholders’ interests follows the attack…

Analysts at Investec have described the attack by US activist hedge fund Saba Capital Management on seven UK investment trust companies as “an egregious and…

The Association of Investment Companies (AIC) has written to the major retail investment platforms urging them to make their customers aware of the general meetings…

By Mark McSherry Baillie Gifford’s £800 million Edinburgh Worldwide Investment Trust said a requisition notice from New York hedge fund Saba Capital Management for a general…

By Mark McSherry New York hedge fund Saba Capital Management said it has requisitioned the boards of seven UK investment trusts “to convene general meetings of…

The UK’s Investment Association (IA) is staging a new flagship event, the IA Scottish Investment Conference, at the Edinburgh International Conference Centre (EICC) on Tuesday….

By Mark McSherry Baillie Gifford’s troubled £730 million Edinburgh Worldwide Investment Trust has announced changes to its team structure and investment process in an effort to…

By Mark McSherry Baillie Gifford’s flagship investment trust, the £13.5 billion Scottish Mortgage fund, said it cashed in some of its huge profits from the…

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…

Edinburgh investment giant Abrdn has welcomed the news that the UK government and the Financial Conduct Authority (FCA) have temporarily exempted investment trusts from complying…

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…

Baillie Gifford’s flagship investment trust, the £14 billion Scottish Mortgage fund, bounced back in the year to March 31, 2024, delivering a share price return…

US hedge fund and activist investor Elliott Investment Management has acquired a 5.037% exposure stake in Baillie Gifford’s £14 billion flagship fund, the Scottish Mortgage…

Baillie Gifford’s flagship investment trust, the £14 billion Scottish Mortgage fund, announced it will make at least £1 billion available to buy back its shares over…

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…

The International Corporate Governance Network (ICGN), a group of international institutional investors with $77 trillion of assets, have warned that proposed reforms to company listing…

Alliance Trust plc, the £3.4 billion Dundee fund, announced that Gregor Stewart will retire from the board and as chair of the investment trust company…

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…

The board of the £13 billion Scottish Mortgage Investment Trust announced the appointment of Stephanie Leung as independent non-executive director of the closed end fund…

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…

The £13.3 billion Scottish Mortgage Investment Trust, Baillie Gifford’s flagship fund, has reiterated its commitment to investing in “exceptional growth companies” despite announcing share price and net…

Former Baillie Gifford and Scottish Mortgage fund manager James Anderson has joined an investment management firm backed by the Agnelli Italian industrial dynasty. Anderson has joined…

The giant Scottish Mortgage Investment Trust announced on Wednesday the appointment of Sharon Flood and Vikram Kumaraswamy as independent non-executive directors of the company, with…

Amar Bhidé, the director who said he was removed by a vote of the board at the £13.4 billion Scottish Mortgage Investment Trust, has revealed he…

Scottish Mortgage Investment Trust, Baillie Gifford’s flagship fund, on Tuesday announced big changes to its board following claims last week by one departing director, Amar…

A director of Scottish Mortgage Investment Trust, Baillie Gifford’s flagship fund, has told Scottish Financial Review he was “removed” from the board of the £13.4…

Scotland’s national digital skills academy CodeClan and specialist recruitment firm Eden Scott have formed a partnership to “deliver tech talent to Scotland plc.” The tie-up…

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…

By Mark McSherry — Former Baillie Gifford fund manager James Anderson has made a gift of $100 million to Johns Hopkins University’s School of Advanced International…

By Mark McSherry — The half-year report from the £14 billion Scottish Mortgage Investment Trust plc is another sobering read from the giant closed-end fund which…

Scottish Mortgage Investment Trust, Baillie Gifford’s flagship fund, on Friday reported its net asset value per share (NAV) fell almost 18%, with borrowings at book value, for…

Morningstar has reported that outflows from UK-domiciled funds hit a new record in September as investors withdrew £11.25 billion – the biggest outflow in 10…

Baillie Gifford’s £2.5 billion Monks Investment Trust plc announced it has agreed a proposed combination of the company with the assets of the much smaller Independent Investment…