Wealth Management

John Swinney has promised to advance the Scottish Government's £1.5 billion bond plans, nicknamed 'kilts', to help attract new investment into Scotland, as he unveiled his programme for government. The First Minister pledged to "deliver the investment needed to achieve Scotland’s economi

Private non-financial corporations (PNFCs) raised almost no net finance in July, a sharp turn from June's £2.4bn of net repayments, according to a new report. Statistics released by the Bank of England's money and credit report showed that bank lending to businesses, including overdrafts, and

Beeks Financial Cloud has signed a multi-year deal with the Stock Exchange of Thailand (SET). The Glasgow-headquartered company will deploys its exchange cloud platform across the SET market to deliver a "suite of connectivity market data and co-location services within a single managed environment"

Glenstone REIT has urged AIRE shareholders to accept its takeover offer "immediately," warning that those who miss platform deadlines risk losing out on the cash on offer for their shares. Independent shareholder support for the offer has accelerated in recent days, including valid acceptances from

Aberdeen Investments will take a £200 million hit at two of its infrastructure funds following the collapse of UK broadband provider Airband. The firm said its Standard Core Infrastructure II SCSp Fund and Aberdeen Standard Core Infrastructure III SCSp Fund were impacted by the administration.

Columbia Threadneedle Private Equity Trust saw its share price discount to Net Asset Value (NAV) widen from 21.2% to 28.9% in the six months to June 30, 2026, driving a 9.3% fall in its share price total return despite NAV holding broadly flat. The company's NAV was £497.0 million, equivalent

Tributes have been paid to "pioneer" Geraldine Maloney as the City and financial services community mourned the loss of "one of its most respected and loved" after she died following a long battle with illness. The Quilter veteran began her career at Foster & Braithwaite in July 1985 as a dealer

Anas Sarwar has pledged his commitment to Scotland's financial services sector following a meeting with BlackRock and other industry leaders in Edinburgh. Lord Sarwar stepped down as leader of the Scottish Labour Party before taking up a seat in the House of Lords, so he could take a job within Andy

Alternative Income Reit (AIRE) has urged its shareholders to vote against Glenstone REIT's offer to take over the company, accusing it of creating "unwarranted uncertainty" about the future of the fund. The board of AIRE launched the scathing attack against its largest shareholder, claiming it has f

Glenstone real estate investment trust (Reit) is in a bidding war with AEW UK over the smallest of the UK generalist property trusts Alternative Income Reit (AIRE), as concerns grow over shareholders facing a future in an unlisted and illiquid trust. Last week, Glenstone, its largest shareholder, ma

Chesnara's chief executive says the company is on the hunt for further acquisitions, after its takeover of HSBC Life UK helped drive the firm back into profit. The pension consolidator recorded a pre-tax profit of £61 million in the first half of 2026, bouncing back from a £4.6m loss for

Aberdeen Investments has proposed to investors combining its abrdn Real Estate Fund (aREF) and the abrdn Real Estate Feeder Fund with the abrdn Global Real Estate Fund (GREF) to create a flagship global hybrid real estate fund with more than £700 million in assets under management. The proposa

AJ Bell Custody Solutions has signed an agreement with Daintree Wealth Management. Daintree will use AJ Bell's Model B solution, designed to give advisers with more control and flexibility over the client experience. Firms partnering with AJ Bell Custody Solutions retain ownership of the client rela

Saba Capital has stepped up its attack to take over Baillie Gifford US Growth Trust after calling for a full cash exit for shareholders at or near net asset value. The activist investor demanded board changes this morning at the Edinburgh-based trust, which has received a requisition notice from its

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