Swiss Re said on Wednesday it has reduced its shareholding in Phoenix Group Holdings plc, acquired in the sale of ReAssure in 2020, by selling…

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…

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…

River & Mercantile Group (R&M) has announced the appointment of Alex Hoctor-Duncan, Global Head of Aberdeen Standard Investments, to the River & Mercantile board as…

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…

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…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, confirmed on Tuesday it is in “advanced discussions…

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…

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…

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…

Insurance firm Markerstudy Group has announced the appointment of Scottish corporate veteran Benny Higgins as its chairman. Markerstudy said the appointment concludes a busy first…

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-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….

Top-rated Aberdeen Standard Investments fund manager Harry Nimmo has made a staunch defence of actively managed funds amid the spectacular growth of “passive” index investing, arguing…

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…

UK fund manager River and Mercantile Group plc (RMG) said on Wednesday that former Standard Life Aberdeen co-CEO Martin Gilbert has today joined its board as deputy…

Newton Investment Management, part of BNY Mellon Investment Management, announced on Wednesday the appointment of former Aviva Investors and Standard Life Investments executive Euan Munro as…

Aviva Investors said on Monday that Euan Munro is to step down as its CEO after seven years and “will take up a role outside of…

Standard Life Aberdeen chairman Douglas Flint said on Friday that the City of London financial sector is ready for any outcome from the ongoing Brexit…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, told Reuters on Thursday it expects more companies…

Scottish investment industry veteran Martin Gilbert is to be the next chair of Scottish Golf, the national governing body of the sport in Scotland. The…

Scottish Investment Operations (SIO) has appointed Standard Life Aberdeen’s Denise Thomas as its new chair to succeed Pauline Burns who has held the position since 2017….

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…

Edinburgh has been ranked fourth in Europe in the latest Global Financial Centres Index (GFCI 28) launched on Friday by influential London think tank Z/Yen…

Standard Life Aberdeen veteran Sandy Begbie has been appointed the new chief executive of Scottish Financial Enterprise (SFE), the representative body for the financial services…

By Mark McSherry Edinburgh asset management giant Baillie Gifford and other major shareholders of Chinese e-commerce behemoth Alibaba Group Holding have swapped billions of dollars…

Over 70 asset management firms with $16 trillion of assets have developed the first-ever Net Zero Investment Framework that “provides the first-ever practical blueprint for…

The UK’s Financial Reporting Council (FRC) is expected to appoint departing Standard Life Aberdeen CEO Keith Skeoch as its interim chairman in the next few…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, announced changes to its executive committee on…

Industry body Scottish Financial Enterprise (SFE) said on Tuesday its chief executive Graeme Jones will retire at the end of this year after five years…

Aberdeen-based Wood plc, the global engineering and consulting company, announced on Friday a pledge “to set a science-based target” to reduce its” scope 1 and…

The Oil & Gas Technology Centre (OGTC) announced on Monday the appointment of former Standard Life Aberdeen co-chief executive Martin Gilbert as chair of the Aberdeen-based…

Standard Life Aberdeen CEO Keith Skeoch said on Thursday that global markets “have passed the point of maximum panic” amid the coronavirus pandemic but have…

Standard Life Aberdeen CEO Keith Skeoch said on Friday he expects a “deep” recession amid the coronavirus crisis and then a “strong” recovery. Edinburgh-based Standard…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of Edinburgh-based Standard Life Assurance, announced on Monday that Jim McConville, group finance director…

Standard Life Aberdeen CEO Keith Skeoch has been appointed chair of the Investment Association (IA) board. The IA champions the UK asset management industry. Its…

HSBC Holdings plc announced on Friday that former Standard Life chief executive David Nish will succeed Jonathan Symonds to the positions of HSBC senior independent director…

Responsible investment campaign group ShareAction has claimed that many big UK pension schemes are skirting their responsibilities on climate change despite new regulations. ShareAction said…

Shares of banks, utilities, transport companies and property firms were among the biggest winners in Friday’s UK stock market rally on the back of the…

Digital bank account provider Revolut has confirmed long-standing speculation by announcing it has appointed former Standard Life Aberdeen co-chief executive Martin Gilbert as its chairman….

Edinburgh-based investment giant Standard Life Aberdeen — one of Scotland’s biggest employers — has introduced a new parental leave policy that allows all parents, regardless…

Scottish FTSE-listed company shares have gained 6.81% in the first nine months of 2019, against the FTSE All Share’s 10.39% rise, according to the latest…

One quarter (25%) of assets managed by UK-headquartered investment management firms are controlled by companies with headquarters in Scotland, according to the annual report of…

Royal London said its assets under management (AUM) hit a record of £130 billion in the first half of the year “due to market growth…

Shares of Scottish companies listed on the main FTSE stock market ended June 9.5% higher than they started the year, compared to a rise of…

UK digital bank Revolut is keen to appoint Standard Life Aberdeen vice chairman Martin Gilbert as its new chairman to win over investors ahead of…

Buccleuch — one of Scotland’s biggest private landowners — announced on Thursday it is holding discussions with community bodies which have expressed an interest in…

Legislation to support the establishment and capitalisation of the Scottish National Investment Bank has been published by the Scottish Parliament. The Scottish Government has committed…

UPDATE 3 — Standard Life Aberdeen will on Monday announce it acquired Orion Partners, an Asian real estate investment firm, following news that Japan’s Mitsubishi…

Buccleuch — one of Scotland’s biggest private landowners — said on Wednesday the Duke of Buccleuch will step down as chairman of the group at the…

The dividend payments of FTSE 100 companies are forecast to reach a record high of £93.7 billion in 2019, according to investment firm AJ Bell….

Royal London announced that its group CEO Phil Loney has decided to stand down by the end of 2019. “He is standing down to concentrate…

Lloyds Banking Group (LBG) and Schroders said on Tuesday they agreed a multi-billion pound wealth management joint venture that sees Schroders appointed as the active investment manager…

Sandy Crombie, the former Standard Life CEO and Royal Bank of Scotland senior independent director, has joined Scottish fintech lender LendingCrowd as chairman. Launched in late…

Standard Life Aberdeen joint chief executive Martin Gilbert told CNBC in an interview he believes the merged firm is “a couple of years ahead of everyone…

First Minister Nicola Sturgeon has appointed former Tesco Bank CEO Benny Higgins as the strategic adviser for the establishment of the Scottish National Investment Bank….

The proposed Scottish National Investment Bank — which will be supported by long-term capitalisation of at least £2 billion over the first ten years — is…

Work to establish a Scottish National Investment Bank has started with the launch by First Minister Nicola Sturgeon of a public consultation on the details…

Edinburgh-based Tesco Bank said its profit before tax rose 143.9% to £112.2 million in the six months ended August 31, “reflecting the impact of payment protection…

Tesco Bank CEO Benny Higgins has been appointed by the Scottish Government to create a new Scottish National Investment Bank. Higgins, a colourful character who was…

UPDATE 1 — Edinburgh and Newcastle-based challenger bank Virgin Money Holdings on Tuesday announced changes to its board and said underlying profit before tax rose 26%…

The Ivy Collection, the group behind the world-famous Ivy restaurant in London’s Covent Garden — will open its first restaurant in Scotland this autumn in…

Tesco Bank chief executive Benny Higgins is to succeed Ben Thomson as the new chair of the National Galleries of Scotland (NGS) board. The appointment is…

Mining and commodities trading multinational Glencore said it appointed Aberdeen Asset Management CEO Martin Gilbert as an independent non-executive director of Glencore with immediate effect. Aberdeen Asset Management is…

UPDATE 2 — Aberdeen Asset Management said its revenue increased to 10.6% to £534.9 million and underlying profit before tax increased 19.8% to £195.2 million in the six…

Aberdeen Asset Management CEO Martin Gilbert said in an interview on Friday he will focus on external affairs after his company merges with Edinburgh-based Standard Life to create the UK’s largest…

Rupert Murdoch’s 21st Century Fox said it reached an agreement with Sky plc to buy the 61% of the British pay-TV firm it doesn’t already own for £10.75 a share — or roughly £11.7…