News

Fund managers at Schroder Asian Total Return (ART) have raised the alarm over a potential bubble in Taiwanese and Korean technology stocks including the US artificial intelligence companies they supply, amid renewed signs that capital spending on AI maybe waning. The investment trust reaped the rewa

Caledonian Holdings has revealed plans to issue another set of shares to repay part of a loan it received from Yorkville Advisors Global. The AIM-listed firm, which is aiming to build an integrated financial services group, said in a statement that it had raised £644,147 through the sale of 41

UK crypto-as-a-service platform Zumo has teamed up with specialist regulatory and financial services firm Zeyro to help cryptoasset businesses navigate regulatory rules around marketing their products. Firms are banned from advertising financial products or services unless they meet rigorous standar

Rothschild UK Wealth Management has poached RBC Brewin Dolphin's London head Annabel Bosman. Bosman resigned from RBC Brewin last weeks following seven years with the firm to join Rothschild UK, which has been investing heavily on its UK wealth business.

Unity has provided almost £143m to Community Development Finance Institutions  Unity Trust Bank has launched a new six-figure grants programme to support the responsible finance sector.

HgCapital Trust has reported a decrease of 4.9% in its net asset value (NAV) to 530.7 pence per share, despite a strong first half for 2026 across its portfolio. The firm reported net assets of £2.4bn, with its share price seeing a sharp decline of 24.9% on a total return basis, and market cap

YFM Equity Partners has appointed Oliver McRae as investment director in its Yorkshire team.  

More than £1bn in inheritance tax was paid by the estates of wealthy families who put off gifting until it was too late, new figures show. Data obtained by financial advice firm, NFU Mutual, showed that more than 5,000 estates paid in excess of £1bn in IHT on lifetime gifts in the tax ye

Greencoat Renewables' return to profit has been undermined by the shortfall in wind production and shares trading at a 24% discount to net asset value (NAV). Profit after tax for the period running to the end of June 2026 increased to €11.9m following a loss of €68m for the same period las

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. Research by the firm found that Japanese households now hold 9% of their wealth in equities and mutual funds outside pensions, compared with just 8% i

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