News

Partners Group Private Equity shareholders have voted to wind down the trust and realise their shares. At a meeting in September, more than 74% of shareholders chose to wind down the trust instead of backing a motion for a dual share class structure.

Saba Capital has sold its entire 5% stake in Baillie Gifford UK Growth. The New York headquartered hedge fund disclosed its position last March but did not increase its position until its exit last Wednesday. UK Growth delivered a 26.5% share price total return from when Saba disclosed its stake las

Listed recruitment company Connecting Excellence Group has acquired Glasgow-based specialist recruiter James Gray Recruitment and sister business James Gray Engineering in a deal that combines a Bitcoin treasury strategy with a deferred, earn-out-heavy structure and a new Bitcoin-backed credit line.

Eversheds Sutherland has hired Addleshaw Goddard veteran Andrew Fordham as a finance partner to strengthen its international banking and finance practice. The appointment will also boost its capabilities across key UK and global markets. Mr Fordham brings extensive experience advising lenders, priva

Private equity investment firm Triton Partners has agreed to sell energy transformation and critical infrastructure services platform OCU Group to TDR Capital. Terms of the transaction, which is subject to regulatory approvals and other closing conditions, have not been disclosed. Since acquiring OC

Economists have warned that Chancellor John Healey's fiscal headroom could be wiped out by the impact of the Iran War. They claimed that the forecast by the Office for Budget Responsibility (OBR) could offer a ore pessimistic view on the UK economy as analysts from EY suggest the buffer against a bo

Boaz Weinstein has claimed Saba Capital Management has invested more than £2bn in as many as 50 London-listed companies, and that his actions have produced more than £600m for all shareholders, including pensioners and retail investors, in companies where he forced change. Weinstein has

After 29 years at William Duncan, Graeme Bryson is now tasked with making a new name familiar across Scotland. William Duncan and Company is a heritage accountancy firm more than 100 years old, based in Ayr. It was acquired by a Birmingham-based accountancy firm, Dains. Since the takeover, William D

By John Ewart, Director and Investment Manager, Aubrey Capital Management Rising incomes, digital identity and mobile finance are changing who wins in emerging market banking, writes John Ewart of Aubrey Capital Management.

Shackleton was left sitting on a major client compensation bill following its acquisition of Hurst Point in September. Hurst Point, whose financial planning arm was rebranded Argentis in 2026, set aside £2.3m for redress, according to its 2025 results filed at Companies House. The provision in

LendInvest has announced an overhaul of its Buy-to-Let (BTL) tracker range, removing early repayment charges (EPCs) across all tracker products, reduced initial pay rates and boosted maximum Loan-to-Value (LTV) limits on specialist asset classes to 75%. The move is understood to empower landlords to

The Financial Conduct Authority's head of innovation Colin Payne has revealed how they helped Baillie Gifford launch their new digital asset fund in nine months. The Edinburgh-based investment manager worked with the regulator on the development of a tokenised UK fund, Baillie Giffords Enhanced Yiel

The UK has a major opportunity to lead the next wave of innovation in financial services, according to the Financial Conduct Authority's head of innovation, Colin Payne. He said the regulator is attempting to create an environment where companies can develop artificial intelligence, quantum and even

Premier Milton fund manager Hugh Grieves announces plans to retire after more than three decades in the industry. Mr Grieves co-manages the £253m Premier Milton US Opportunities fund and the £10.4m US Smaller Companies fund alongside Alex Knox and Aditya Khowala.

The board of Aberdeen's Dunedin Income Growth Investment Trust (DIGIT) has launched a "robust in-depth review" of the manager's investment philosophy and process, using an external consultant, after the trust's discount to net asset value (NAV) widened in the first six months of the year. The trust