Aberdeen Asia Focus (AAS) confirms it has comfortably beaten the benchmark for its five-year performance conditional tender test by nearly 30% - meaning no tender will be triggered. The board revealed its performance has "significantly exceeded" the MSCI AC Asia ex Japan Small Cap Index by 29.4%. Ov
John Glover
Schroder Asian Total Return has confirmed details of its £1.04 billion merger with Pacific Assets Trust, including fee cuts and a planned £2.4 million cost offset. The London-headquartered firm published shareholder circulars to put its planned merger into effect following its initial an
Andy Burnham’s ‘missing’ economic advisers signals major risk for UK markets, warns deVere group CEO
Andy Burnham's absent economic advisers are a warning sign for UK investors, according to one of the world's largest independent financial advisory organisations.
Baillie Gifford concluded that all 30 of its funds delivered value for investors in the year to 31 March 2026, despite several funds suffering from a "sustained period of weak returns". The Edinburgh-based asset manager pointed to broader market trends in two areas in its latest Assessment of Value
London Market Group (LMG) has called on the UK Government to add a "ratcheting mechanism" to prevent complacency in the sector as part of the Financial Services and Markets Bill. The trade body proposed changing clause 17 of the draft bill, currently making its way through the House of Commons, in a
The Royal Bank of Scotland and Harper Macleod have teamed up to offer expert legal advice to thousands of Scottish start-ups. Delivered through the Royal Bank Accelerator programme, the agreement will see a dedicated solicitor assigned to the Glasgow and Edinburgh Accelerator hubs. The legal e
Andy Burnham has suffered a major blow after economic heavyweights who were advising him ahead of the Makerfield by-election decided against joining his government following disagreements over potential wealth taxes. Former Goldman Sachs executive Lord Jim O'Neill was reported to have been in discus
Hampden Bank chief executive Tracey Davidson's bet on riding out two years of falling profit is starting to pay off, with the private bank reporting a 91% jump in first-half earnings. Profit before tax for the six months to 30 June 2026 came in at £4.7 million in its unaudited accounts against
Hargreaves Lansdown will order its staff to return to the office for three days a week. Bosses at the UK's largest DIY investment firm will demand that employees return to the workplace shortly after the firm completes its move to the new Bristol office.
