Merrill Lynch International (BofA Securities) said on Tuesday it has been appointed by Swiss Re as sole bookrunner for a proposed secondary sale of approximately…

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,…

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 UK’s Takeover Panel has extended the deadline to January 18 by which Martin Gilbert’s investment firm AssetCo plc and rival suitor Premier Miton Group…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced the appointment of Anna Franekova to drive mergers…

Edinburgh-based Aegon UK has appointed Andy Dickson to the newly created role of Master Trust Strategic Development Director. “Andy will be responsible for building on…

Martin Gilbert’s investment firm AssetCo plc is one of two companies that have made preliminary bid approaches for fund manager River and Mercantile Group (RMG),…

River and Mercantile Group’s chief executive James Barham will move to Schroders as part of its purchase of R&M’s fiduciary arm Solutions for an enterprise value of…

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…

Edinburgh-based investment giant abrdn said on Wednesday it sold another 5% of HDFC Asset Management Company Limited in India to raise £268 million. The money…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, has announced five new appointments to its bulk purchase…

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…

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…

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

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced it has acquired a portfolio of equity…

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…

Scottish corporate and finance veteran Benny Higgins is to join Glasgow investment firm N4 Partners as chairman. Higgins will also chair the N4 Advisory Board, which…

The Scottish Government said on Tuesday it is taking the “first steps on the road” to establishing a Scottish Minimum Income Guarantee (MIG). Social Justice…

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…

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…

Revolut, the digital banking app, has announced an $800 million series E funding round which it says values the business at $33 billion. Revolut’s chairman…

The UK’s Financial Conduct Authority (FCA) said on Wednesday that a total of £2.2 million was reportedly lost to pension scammers in the first five months…

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…

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…