Foresight Solar Fund has announced plans to upgrade nine solar and battery storage assets, which could add up to £2.5million in revenue each year and strengthen investors' dividend cover. It is undertaking to update nine of UK solar plants and utility battery energy storage systems (BESS), spa
Wealth Management
Aberdeen Asian Income Fund (AAIF) has enjoyed a strong start to 2026 delivering a 28% total return on net asset value (NAV) in the six months to the end of June and producing a 30.9% total return on its share price. The fund's NAV is ahead of the 25.7% return from the MSCI AC Asia Pacific ex Japan I
JPMorgan Chase chief executive Jamie Dimon has warned Chancellor of the Exchequer John Healey against creating a more hostile tax environment for banks. The Wall Street executive urged the UK Government to re-consider its plans to increase taxes on banks ahead of a major pre-Budget lobbying campaign
Aberdeen Investments has announced the acquisition of six modern residential properties in central Tokyo in partnership with Weave Living. The asset manager teamed up with the Asia-Pacific rental accommodation provider to expand its Japanese real estate footprint betting on the country's digital nom
SSE has "expanded its global financing strategy" by entering the Australian bond market for the first time, selling (£520m) of Green "Kangaroo" Bonds. Australian-dollar Kangaroo Bonds are issued in Australian markets by overseas firms and today’s was in two tranches: A$600m 5-year green
Baillie Gifford has highlighted a growing structural shift across global capital markets, noting that the world's most innovative technology companies are staying private for longer to capture the bulk of their value growth before listing. Lucie Majstrova, an investment specialist in Baillie Gifford
Quilter Investors has overhauled its flagship multi-asset Cirilium range after the majority of its active funds were red flagged because of underperformance over the last five years. In its latest Assessment of Value (AoV) report, all share classes across four of its five actively managed funds, Cir
The Association of Investment Companies (AIC) has called on the Financial Conduct Authority (FCA) to reform its listing rules "exposed" by activist investor Saba Capital. The AIC proposed that when a substantial shareholder seeks to take control of the management contract of an investment trust, thi
Aviva has beaten market expectations as its integration of Direct Line and general insurance division drove its operating profits for the first half of 2026 by 24%. Chief executive Dame Amanda Blanc's £3.7 billion bet on taking over motor insurer Direct Line has paid off, helped by the number
Baillie Gifford's investment trusts could see their stakes in artificial intelligence (AI) company Anthropic more than double if it reaches its $2 trillion market valuation.
Seraphim Space is set to launch its own exchange-traded fund (ETF) dedicated to space technology. The asset manager registered Seraphim New Space Ucits ETF with the Central Bank of Ireland last week, it has been reported. It will launch its ETF via white-label issuer HANetf.
Private equity firm WestBridge and investment management firm Foresight Group relied on a high-profile slate of corporate finance, legal and transaction advisors to close its acquisition of a majority stake in financial advisor Beckett Investment Management. WestBridge was advised on the transaction
Ownership of investment trusts in the UK has fallen to a five-year low despite growth in the UK's DIY investing market, according to Boring Money's research. It found that around 9% of UK investors own an investment trust - the lowest level since Boring Money began collecting its data in 2021.
AJ Bell has updated its logo in a bid to reinforce its "feel good investing" campaign. The investment platform confirmed it will keep its brand name the same, but will be launching a new logo that will feature a bell as the front graphic with a new font and colour palette from September 5 on its dir
Royal London has identified seven funds needing improvement in its latest Assessment of Value (AoV) report after a "demanding" year for investors. The Edinburgh-based asset manager highlighted that seven of its 40 funds were "flagged for review", five funds had "a potential issue", and two of the fu
