Aberdeen

Senior figures from BlackRock, Aegon Asset Management, Aberdeen Investments and Aberforth Partners have said Scotland’s 700-year financial heritage is no longer enough on its own to stay competitive and grow the sector. Investors heard from Sandra Boss, UK chair at BlackRock, Aegon chief execu

Investors have shared their thoughts on what the US midterm results mean for financial services and markets, after Congress swung in favour of the Democrats. Many investment managers said the results mean “something and nothing at the same time”, pointing to President Donald Trump’

Dame Susan Rice has been presented with a lifetime achievement award for her services to the financial services industry, as part of the Scottish Financial Services Awards in Glasgow. The 2026 Scottish Financial Services Awards, sponsored by EY, come in SFE’s 40th year and recognise the contri

The fund manager of an Aberdeen exchange-traded fund has warned the supply of critical minerals such copper, lithium and rare earth minerals will struggle to keep pace with global demand through to 2050. David Clancy, portfolio manager of abrdn’s Future Raw Materials ETF, argued that many mine

Aberdeen Group has sold part of its stake in Standard Life to institutional investors and is reinvesting the proceeds in strengthening its balance sheet.

The board of Aberdeen's Dunedin Income Growth Investment Trust (DIGIT) has launched a "robust in-depth review" of the manager's investment philosophy and process, using an external consultant, after the trust's discount to net asset value (NAV) widened in the first six months of the year. The trust

AMS Accountants Group has revealed plans to create around 25 jobs in Aberdeen as it builds towards a £5m audit business in the city within the next three years. The move is part of a wider ambition to turn over more than £20m and have around 200 staff within the next five years. The firm

The chair of Baillie Gifford US Growth Trust has called on retail investors to turn out in force to vote at next month's annual general meeting, warning that a low turnout could see Saba Capital Management take control of the trust. Tom Burnet told Scottish Financial News that retail investors are t

The European Central Bank (ECB) has raised its key interest rate by 25 basis points following price pressures triggered by the conflict in the Middle East, predicting inflation will remain "well above target" for an extended period. The ECB's Governing Council voted on Thursday to raise all three of

Murray Income Trust has reported a 9.1% increase to its net asset value (NAV) ahead of a 4.7% return from the benchmark since Artemis Investment Management took control of the £924m trust from Aberdeen. The trust reported a net asset value (NAV) return of 15.1% compared to a benchmark return o

Aberdeen Group has appointed Torbjörn Magnusson to its board as a non-executive director and chair-designate. The appointment, which is effective immediately, will see Mr Magnusson take over from interim chair Jonathan Asquith, who stepped in after Sir Douglas left the role following the AGM in

SBP Accountants & Business Advisers (SBP) is expanding its presence across the North East after acquiring Inverurie firm BW Accounting. The move will see SBP add about 300 businesses and individuals to its client base. It now operates across five locations in the region.

Phil Anderson Financial Services has expanded its team and opened a new office in Aberdeen. The independent financial advice firm opened its new Aberdeen office at 52 Carden Place at the beginning of July. It also appointed Farai Magodo as a financial planner and Cyprus Adams as a trainee financial

Accountancy firm Hall Morrice has revealed plans to launch a dedicated artificial intelligence (AI) service following a record year. The Aberdeen-based business recorded turnover reaching £6.2 million, due to an increase in its statutory audit work and demand for its advisory services.

Aberdeen Investments has finalised the sale of its stake in aventron Norway to SEB Nordic Energy. The transaction was executed through Aberdeen's SL Capital Infrastructure I fund, with SEB acquiring the holding via its portfolio company, Locus Energy.