Brooks Macdonald has recorded a “significant improvement” in its net flows, with inflows of £54m as outflows from its private client business narrowed to £53m. The wealth manager’s net inflows for the three months to 30 September compare with net outflows of £49m
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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
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
Freeths has reported an 8.2% rise in profits and a rise in turnover of more than 12% to £187.6m for the year ending March 31, 2026. The law firm said the results mark the firm's "fourth consecutive year of double-digit growth, with turnover increasing by 83% over the past five years", despite
Takeover talks for Monzo have heated up as private equity group Advent International held separate talks about buying a minority stake, alongside other buyout firms, in the challenger fintech, it has been reported. It comes after reports that the board of the bank was in early-stage talks over a sal
Baillie Gifford US Growth Trust's strategy is at risk from Saba Capital Management's challenge to its board, according to new research from Investec. Research by Investec warned retail shareholders that Saba Capital has failed to offer a "credible alternative", pointing out they are being asked to "
M&G Investments has promoted Jen Braswell to global head of impact. Braswell joins from Swedish private equity EQT, where she worked as managing director of global equity for more than three years before leaving in 2025. Since January 2026, she worked as a senior impact advisor to responsAbility
Swedish private equity firm EQT is to acquire a majority stake in McGill and Partners for $2bn from Warburg Pincus. Founder and chief executive Steve McGill will continue to lead the firm, while chairman John Lloyd will remain actively involved. Both will remain as significant shareholders alongside
Standard Life has appointed Emma Furlonger as managing director of its workplace and retail intermediary businesses. She led the businesses on an interim basis since April 2026, after Gail Izat was made chief operating officer for its pensions and savings business. Ms Furlonger has around 30 years&r
Accountancy and business advisory firm Johnston Carmichael has appointed its first chief technology officer, a new audit partner and two other senior leaders to strengthen its team across the UK. Tamsyn Weston joins as chief technology officer leading the firm’s strategy across IT, cyber secur
Scottish businesses drove demand for lending, despite many firms reporting tightening cash flows, according to the new data from Barclays. The Barclays Business Prosperity Index found that among large corporates in Scotland, average loan value rose by 10.3% and loan volumes increased by 18.3% this q
Prudential's operating profit before tax rose 9% to $1.81 billion in the first half to June 30, as the insurer raised its interim dividend by 15% and unveiled a further $300m share buyback. The firm reported that its adjusted operating profit after tax increased by 10% to $1.52bn. Adjusted earnings
Aubrey Capital Management has redeployed some of its capital back into India after generating strong returns from a select number of emerging market technology and AI-related holdings. Rob Brewis, director and investment manager at the firm, provided a short update on the fund for shareholders revea
Edinburgh Airport chairman Sir John Elvidge called on the Scottish Government to "take action" to ensure the Scottish National Investment Bank (SNIB) becomes a "permanent feature" of the Scottish financial landscape" in a new report. Sir John urged for the government to collaborate with the UK gover
Edinburgh fintech BR-DGE has raised £10 million in its latest funding round and secured a new growth investor, as it executes its international growth strategy. The company has seen a 15x increase in platform volumes in under two years, with transactions set to exceed 100 million per month by
