Standard Life moved its company pension fund heavily into bonds last year, recording the biggest switch of any FTSE-100 company. New research by JLT Employee Benefits shows the average bond allocation rose to 61 per cent in the year to 31 December 2015, which is equivalent to around £20bn.
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Thomas Moore Standard Life Investments’ Thomas Moore has been ranked 41st in the table of 4,017 European fund managers, making him the top Scottish fund manager for a fifth consecutive month.
Insurance broker Bruce Stevenson reported a 30% increase in turnover to £11.7 million and a 33% profit increase to £3.9m for the year ending February 28, 2023. Growth was driven by various specialist areas and new sectors, including life sciences, technology, and risk management.
Glasgow-based construction firm Gap Group has announced that it will boost the pay of 83% of its employees with a £1 million bonus. With the aim of helping employees with the cost of living crisis, the £1m bonus is in addition to existing annual performance and Christmas bonuses and
Royal Bank of Scotland reports hiring activity has slowed notably amid steep decline in staff availability. May data signalled a further increase in recruitment activity across Scotland, according to the latest Royal Bank of Scotland report on jobs survey. However, the rate of expansion slowed notic
Strategic real estate advisor Avison Young has released its latest quarterly Big Nine office market update, covering the third quarter of 2021. The quarterly review shows the take-up in the major regional office occupier markets in the UK, including Glasgow and Edinburgh.
Edinburgh-based dental technology company, Calcivis, is preparing for a US launch with a restructuring of its board and the successful completion of its latest £1.52 million funding round. Calcivis has developed the world’s first biotechnology-based dental imaging system and has been par
Andrew Pollard, director of Falkirk-based business consultancy Ahead Business Consulting, discusses how planning ahead can help businesses as the year unfolds. 2021 is a highly uncertain year. We know more about COVID-19 and how both the NHS and Government will respond, but not much about new varian
First time buyers in the UK will be boosted by the reintroduction of HSBC's 10% deposit mortgages this week. The bank pulled out of the market due to overwhelming demand for such deals in September.
Mortgages are in such short supply that UK banks have begun encouraging prospective buyers to secure them in online “fire sales”.
Audit, tax and consulting firm RSM is once again collaborating with Turing Fest on the NextGen Founders network, to bring Scottish tech startups, partners and investors together to build, grow and lead. Due to the success of the NextGen dinners, this year there will be eight events in total, sp
Glasgow-based commercial property management firm Beacon Brooke has appointed Jill Armstrong as head of accounts. Ms Armstrong has over 12 years' experience in commercial property management finance.
Wealth management firm Brewin Dolphin has warned that Scottish companies listed on Alternative Investment Markets (AIM) are going through "growing pains" in 2019. The firm's analysis shows that shares in Scottish companies listed on the FTSE and AIM underperformed against the indexes in the first si
A 20-year-old award-winning hospitality entrepreneur is gearing up for a busy summer of events in Dumfries and Galloway, following a funding boost from Start Up Loans to support the expansion of his business’s headquarters at the family farm in Sanquhar. Knockenhair Hospitality is run by Harry
The Aberdeen Latin American Income Fund Limited, a company managed by Aberdeen Standard Investments (ASI), has announced its half year results for the six months to 28 February 2021 revealing a 7.2% in net asset value (NAV) total return. The increase in NAV compares favourably with the company&rsquo
