News

Mirabaud Asset Management has hired former Aviva Investors duo Giles Parkinson and Will Ballard to launch their new global equity strategy. Mr Parkinson spent five years working as head of equities at Trinity Bridge before that, he worked alongside Mr Ballard at Aviva Investors, where he was a portf

  Aberdeen Investments has told Chancellor John Healey the UK risks falling further behind Asia on retail investing unless he acts in October's Budget.

Aberdeen Investments has launched a new fund to complement similar existing World, American and European Equity Enhanced Index strategies within its Luxembourg-domiciled SICAV vehicle, which was launched earlier in the year. The fund, abrdn SICAV I - Emerging Markets Equity Enhanced Index Fund, is h

Female representation in fund management has declined globally for the first time, even as the money entrusted to women in the sector climbed to £5trillion, according to a new report. It revealed that the number of active female fund managers dropped from 2,371 globally in 2025 to 2,283 this y

Dains Accountants has appointed David MacCallum as an audit partner and responsible individual to help its clients across Scotland. Mr MacCallum joined Dains from Azets, where he was audit director and responsible individual, bringing experience working with owner-managed and private equity-backed b

Partners Group Private Equity (PGPE) has revealed that its net asset value per share rose by 0.1% in July, as a 0.3% gain in portfolio revaluations was almost entirely cancelled out by a 0.3% currency loss, suggesting the underlying business barely moved. Separately, PGPE received EUR 4.7 million in

Aviva has appointed Amanda Thomson as branch manager for Scotland and Northern Ireland. She will be responsible for overseeing trading across the entire Northern Ireland and Scotland region, leading a team of more than 50 underwriters based at Aviva's offices in Glasgow and Belfast. 

The UK economy grew by 0.4% in July, faster than analysts’ expectations, and offering some relief to battered markets. Some economists had predicted no growth and the latest figure builds on growth of 0.3% in June and zero growth in May.

Seraphim Space Investment Trust (SSIT) has confirmed that space tech start-up ICEYE has closed its €450 million Series F funding round, after clearing the necessary regulatory approvals. The world's first space investment trust said the deal will be reflected in its net asset value (NAV) at 30

The European Central Bank (ECB) has raised its key interest rate by 25 basis points following price pressures triggered by the conflict in the Middle East, predicting inflation will remain "well above target" for an extended period. The ECB's Governing Council voted on Thursday to raise all three of

Baillie Gifford, Aberdeen Group and BlackRock lead the pack with multiple nominations at this year's Scottish Financial Services Awards shortlist, which has just been revealed. The flagship industry celebration recognises the contribution that both firms and their people have made to the financial s

The Association of Investment Companies (AIC) has called on Chancellor John Healey to remove stamp duty by the end of this parliamentary term to unlock growth. Investors must pay 0.5% stamp duty tax to the UK Government when buying UK shares or other chargeable securities, which the AIC warns is mak

UK investors have continued to sell down shares in August, according to the latest Fund Flow Index from Calastone. The largest global funds network revealed that equity funds suffered a net outflow of £315m during August, marking the 14th month of outflows in the last 15 and the fourth consecu

JPMorgan Chase chief executive Jamie Dimon has reportedly warned Prime Minister Andy Burnham and Chancellor John Healey, against raising taxes on banks in his inaugural budget in October following an in person meeting. The Wall Street boss is understood to have explained to Mr Burnham and Mr Healey

Accountancy firm Azets has appointed Michael Norrie as an associate director in corporate tax, in response to continued growth for tax advice from businesses and private clients across the North East. The firm confirmed it is planning to recruit further tax specialists over the coming year, revealin