Funds

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

Fund manager Harry Nimmo has announced that he will retire from abrdn and the industry at the end of 2022, bringing to a close a 37 year career with the firm. Born in Edinburgh in 1957, Mr Nimmo joined the firm, previously Standard Life, in 1993 as an investment manager. At its launch in 1997, he wa

Expectations of abrdn PLC tumbling out of the FTSE 100 index were confirmed when last night the investment fund was relegated from the index.

Edinburgh-based investment management firm, Walter Scott & Partners, has revealed a renumeration package worth over £24 million for its executive directors.

abrdn has concluded a deal to become the largest external shareholder in Archax, a UK-regulated digital securities exchange.

abrdn Group's Murray International Trust Plc has released its interim results, reporting a net asset value total return of 3.8% for H1 2022.  The £1.77 billion fund focuses on long term growth in dividends and capital ahead of inflation by investing principally in global equities.

Edinburgh-based Baillie Gifford released annual results for its US Growth Trust, which has £785 million AUM, showing a -45% return over the past financial year.

Glasgow firm N4 Partners (N4) has announced the appointment of Gordon Merrylees, the former managing director of Entrepreneurship for NatWest, RBS and Ulster Bank, as the firm readies itself for the launch of a new investment fund targeting entrepreneurs and early-stage businesses based in the UK. I

Fund manager abrdn has posted a £320 million pre-tax loss in its 2022 interim results, down from a £113m profit for the same period last year. The loss is attributed to global economic instability with fee based revenue falling 8% to £696m and adjusted operating profit 28% low

Alliance Trust has published its 2022 Interim Report and announced its second interim dividend for 2022. Despite the share price contracting from 1032p as at 31 December 2021 to 904p as at 30 June 2021, the trust reports steady performance for these market conditions and has decided to increase

abrdn has announced the conversion of three further equity funds to Article 8 under the Sustainable Finance Disclosure Regulation (SFDR). This includes its flagship Asia Pacific Equity Fund (to be renamed as Asia Pacific Sustainable Equity Fund), which has $2 billion (£1.67bn) AUM making it on