Funds

Imran Sattar is slated to assume the role of James de Uphaugh, the portfolio manager of the Edinburgh Investment Trust plc, once he retires in February 2024 after dedicating 36 years to the industry. The trust has been under the management of Liontrust Fund Partners LLP. Mr de Uphaugh's stewardship

Agile asset and wealth management AssetCo has acquired Indian fund manager Ocean Dial Asset Management, purchasing the entire issued share capital from Avendus Capital Asset Management. The completion follows the necessary approvals from the FCA and Indian regulators.

Big Issue Invest (BII), the investment arm of the Big Issue Group, is calling for applications to its newly launched Social Impact Debt Fund IV. Fund IV is a private debt fund, which will lend to organisations across the UK looking to grow their social impact.

Glasgow-based firm N4 Ventures, spearheaded by Gordon Merrylees, previously the managing director of entrepreneurship at NatWest, RBS, and Ulster Bank, has announced the initiation of its inaugural venture capital fund following regulatory approval from the Financial Conduct Authority (FCA). N4

Border To Coast Pensions Partnership has engaged with Edinburgh-based investment giant abrdn for the development and management of its new UK real estate proposition, aiming to launch in late 2024. The partnership will target Border to Coast's 11 local government pension fund shareholders and invest

Renowned investor James Anderson, former co-manager of Scottish Mortgage Investment Trust and retired partner of Baillie Gifford, has emerged from retirement to join Lingotto Investment Management, a firm owned by Italy's Agnelli industrial dynasty. In his new role, Mr Anderson will manage his own f

A recent study has revealed that a theoretical investment fund generated by ChatGPT is significantly outperforming the average of the UK's 10 most popular funds.

Alliance Trust PLC has announced its results for the year ended 31 December 2022 posting a Net Asset Value (NAV) total return of -7.1% and declaring a fourth interim dividend of 6.0p per share bringing its full year dividend to 24.0p. This is a 26% increase on the prior year and the 56th consec

An agreement has been reached by LGT, the international private banking and asset management group owned by the Princely Family of Liechtenstein, to acquire abrdn's discretionary fund management business in the UK and Jersey for £140 million. The transaction involves approximately £6.1 b

Abrdn has appointed Peter Branner as chief investment officer (CIO), effective 1 May 2023, reporting to Chris Demetriou and Rene Buehlmann, CEOs of investments. Mr Branner joins from APG Asset Management, one of the largest global pension investors based in Europe, where, as CIO, he has been respons

Aliter Capital LLP has completed fundraising for its second fund, Aliter Capital II, with £134 million committed by investors. From its offices in London and Glasgow, Aliter, a private equity investment specialist in the UK support services sector, is currently pursuing a range of potential in

One of Scotland’s oldest trusts has said the future is positive despite seeing it's net asset value (NAV) fall by 8.2 per cent in the six months to the end of September. Edinburgh Investment Trust's 8.2% NAV decline puts it just a nose ahead compared to the 8.3% drop of the FTSE All-Share Inde

abrdn has been awarded 21 ‘Green Stars’ for reaching significant environmental and social targets in the buildings it owns. The ‘Green Stars’ were achieved in the 2022 Global Real Estate Sustainability Benchmark (GRESB) real estate assessment. GRESB has become the largest glo

abrdn's North American Income Trust has released its half year results showing that the company returned 5.5% on a net asset value total return basis in sterling terms for the six-month period ended 31 July 2022. This outperforms the 4.9% total return of its reference index, the Russell 1000 Value I

abrdn’s AIPUT fund (Airport Industrial Property Unit Trust) has announced a new £350 million senior secured sustainability-linked credit facility. Specialising in major transport and freight-related industrial real estate investing, AIPUT holds a portfolio of 23 properties located a