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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

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

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

Citi has downgraded Legal & General from 'neutral' to 'sell' on Monday, citing concerns over its valuations, noting shares are up 19% year-to-date. The bank cut its price target from 251p to 245p. The firm announced it was cutting its 2026-27b remittances by 4.5% following its first-half results

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.

Iain Morrison has been appointed as Regional Managing Director, Commercial Mid-Market (CMM), for the Royal Bank of Scotland, replacing Judith Cruickshank who was appointed as Chief Operating Officer of the bank's retail business earlier this year. Mr Morrison brings three decades of experience

The average house price in Scotland has increased 3.6% in the last 12 months, with the average price rising to £223,246, according to the latest Lloyds House Price Index.

The Financial Conduct Authority (FCA) hopes changes to its IPO rules will make listing on the Stock Market a more appealing prospect for companies. The changes, which are the culmination of a lengthy consultation process, are designed to allow the UK listings market to compete more effectively with

Murray International Trust, managed by Aberdeen Group, posted a robust first half following positive returns from investments in technology and mining stocks, but warned of “a growing set of risks that require careful attention”. Strong performance was driven by holdings in companies suc

Retirees have been given an unexpected £100 pension income boost – but experts are urging caution. Annuity rates have been rising due to wider market unrest, with the average annual annuity income up by over £100 since March 2026, analysis from Moneyfactscompare.co.uk rev

Wealth manager Quilter has hailed its successful strategy after growing assets under management to £157 billion, a rise of 11%, in the first half of 2026. The firm’s half-year report also showed record net inflows of £5.8bn, up 32%, with platform assets up 13% at £117.9bn.