News

Aberdeen Investments and Standard Life have teamed up  in their first infrastructure debt investment in the EV charging sector with a facility of up to €150 million. Aberdeen will provide €80 million, anchored by Standard Life, as part of an overall facility of up to €150 million

Bespoke pension firm Yorsipp has appointed Mark Randell as strategic partnerships and distribution director to its business development team. The specialist self-invested personal pension (SIPP) self-administered pension scheme (SSAS) provider comes as it aims to expand its presence across the UK. H

Former Bank of England chief economist Andy Haldane has warned Prime Minister Andy Burnham that his government's "Achilles' heel" is its inability to cut public spending. Mr Haldane, who advised Mr Burnham before he returned to Westminster, claimed the markets believed he is presiding over a "tradit

Saba Capital's board nominees at Baillie Gifford US Growth Trust would fail independence rules, including proposals not yet adopted by the Financial Conduct Authority (FCA), should the activist investor go on to be appointed the trust's manager, according to Winterflood's Emma Bird. Bird, head of in

The Bank of England is under intense pressure to raise interest rates tomorrow, following a rout in global bonds fuelled by concerns over government borrowing and sticky inflation. Inflation jumped to 3.1% in August from 2.9% in July and 2.6% in June, as fuel prices hit their highest in four years,

Aberdeen New India Investment Trust has outperformed the MSCI India Index benchmark by 4.7 percentage points with its adjusted NAV per share total return for the assessment period start to August 31, 2026 at 23.9%. Performance over the Assessment Period is measured against the MSCI India Index, whic

The City of London Investment Trust has increased its dividend for the 60th consecutive year to 4% delivering the longest record of consecutive annual dividend increases in the investment trust sector.   The annual dividend was 2.6% ahead of UK consumer price index (CPI) inflation. Over ten yea

Caledonia Investments has appointed Alastair Vere Nicoll as a non-executive director with effect from 15 September 2026. Mr Vere Nicoll started his career as a private equity lawyer at international law firm Freshfields. He later founded Berkeley Energy, a business focused on developing, constr

Fund managers at Schroder Asian Total Return (ATR) 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.