Aberdeen Investments have announced the acquisition of six modern residential properties in central Tokyo in partnership with Weave Living. The asset manager teamed up with the Asia-Pacific rental accommodation provider to expand its Japanese real estate footprint betting on the country's digital no
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Henderson Loggie have been appointed as the administrator of DJ Mackay & Partners after it fell into administration following financial difficulties. Shona Campbell, head of business recovery and insolvency at Henderson Loggie was appointed on August 14, confirming the process of transferr
JPMorgan Chase chief executive Jamie Dimon has warned Chancellor of the Exchequer John Healey against creating a more hostile tax environment for banks. The Wall Street executive urged the UK Government to re-consider its plans to increase taxes on banks ahead of a major pre-Budget lobbying campaign
Baillie Gifford has highlighted a growing structural shift across global capital markets, noting that the world's most innovative technology companies are staying private for longer to capture the bulk of their value growth before listing. Lucie Majstrova, an investment specialist in Baillie Gifford
Quilter Investors has overhauled its flagship multi-asset Cirilium range after the majority of its active funds were red flagged because of underperformance over the last five years. In its latest Assessment of Value (AoV) report, all share classes across four of its five actively managed funds, Cir
Major banks, insurance companies and building societies have tightened up their inclusion policies to prevent transgender staff from using single-sex spaces to comply with the landmark Supreme Court ruling. Admiral, Coventry Building Society and Santander have now updated their HR procedures to ban
The Association of Investment Companies (AIC) has called on the Financial Conduct Authority (FCA) to reform its listing rules "exposed" by activist investor Saba Capital. The AIC proposed that when a substantial shareholder seeks to take control of the management contract of an investment trust, thi
Pepper Money has announced plans to launch its First Charge mortgage proposition in Scotland this September.
Aviva has beaten market expectations as its integration of Direct Line and general insurance division drove its operating profits for the first half of 2026 by 24%. Chief executive Dame Amanda Blanc's £3.7 billion bet on taking over motor insurer Direct Line has paid off, helped by the number
Baillie Gifford's investment trusts could see their stakes in artificial intelligence (AI) company Anthropic more than double if it reaches its $2 trillion market valuation.
Aviva is trading near 52-week highs ahead of its first-half results, as all eyes are on chief executive Amanda Blanc following its multi-billion pound turnaround. Analysts are expecting profits for the first half of the year to rise by roughly 17.5% year-on-year to £1.3 billion. A s
Seraphim Space is set to launch its own exchange-traded fund (ETF) dedicated to space technology. The asset manager registered Seraphim New Space Ucits ETF with the Central Bank of Ireland last week, it has been reported. It will launch its ETF via white-label issuer HANetf.
The Society of Pension Professionals has warned that millions risk a retirement shortfall because UK policy treats pensions and housing separately. The paper, titled Home Truths: Rethinking Retirement Wealth, highlights a critical structural mismatch in the UK economy.
Private equity firm WestBridge and investment management firm Foresight Group relied on a high-profile slate of corporate finance, legal and transaction advisors to close its acquisition of a majority stake in financial advisor Beckett Investment Management. WestBridge was advised on the transaction
Scottish margins squeezed by wage growth and weak pricing power, but financial sector downturn slows
Scottish margins are being squeezed as rapid growth in employment and wages clashes with weakening pricing power, according to the latest Royal Bank of Scotland Growth Tracker. Scotland was the only nation in the UK outside of Northern Ireland to record payroll growth in July with employment rising
