Wealth Management

Fidelity Asian Values saw its discount to net asset value (NAV) narrow, but its NAV total return of 6.1% trailed the 9.1% return of its benchmark, the MSCI All Country Asia ex Japan Small Cap Index, after missing out on the AI rally in the year to 31 July 2026. The share price total return for the y

Gulf International Bank is set to cut 15 roles across its business after shutting down its loss making fund business. The decision to close its active funds business from the Bahrain-headquartered firm follows a strategic review carried out by the bank earlier in the year.

Premier Miton’s assets under management (AuM) fell from £10.3bn to £8.1bn in the year to 30 September 2026, after net outflows of £428m in its fourth quarter. The AIM-listed group said £102m of the quarterly decline came from investment and market performance, from AuM

Jupiter Fund Management’s assets under management rose 3% to a record £75.9bn in the three months to 30 September 2026, as net inflows of £700m extended its “positive momentum” in client demand from the first half of the year. The third-quarter inflows took year-to-date

Seraphim Space Investment Trust’s net asset value (NAV) per ordinary share more than doubled to 240.49p in the year to 30 June 2026, helping narrow its discount from 27.8% to 21.9%, as defence demand and major funding rounds lifted its portfolio. The gains were heavily concentrated in one comp

Investors are not abandoning sustainability but looking beyond labels to governance, resilience and long-term value, Aberdeen Investments has found in a new report that expects governance to become the dominant ESG differentiator by 2030. The company wrote a report titled 'The Age of Grounded Sustai

Edinburgh investment and development business Ediston has announced a funding partnership with a Singapore investor to help tackle the shortage of housing in Scotland. The partnership with 42 Capital Partners will be marked at a signing ceremony at the British High Commission in Singapore and will c

Brooks Macdonald has recorded a “significant improvement” in its net flows, with inflows of £54m as outflows from its private client business narrowed to £53m. The wealth manager’s net inflows for the three months to 30 September compare with net outflows of £49m

M&G has launched its first long-term asset fund (LTAF), funded through the firm’s £138bn with-profits fund. The M&G Diversified Private Credit Feeder Long-Term Asset Fund will launch with £74m, with 90% of its assets invested into the M&G Diversified Private Credit Fund

Saba Capital Management has taken a fresh position in Neuberger Private Equity (NBPE) and doubled its stake in RTW Biotech London Stock Exchange filings showed the activist investor's position in £562m NBPE hit 5.06% last Tuesday. Saba grew its position through derivatives comprising 1.77% of

Trading Central has expanded its range of Undertakings for Collective Investment in Transferable Securities (UCITS) Exchange Traded Funds (ETFs)with two new funds launched through white-label platform HANetf. The Trading Central Quant U.S. 50 Equity Index UCITS ETF (TCQU) and Trading Central Quant G

Scottish crypto firm Zumo has joined forces with cloud-native core banking platform SaaScada to provide UK financial institutions a "ready-built" route into regulated crypto services. Zumo, will handle the crypto side, from custody and trading to Know Your Customer and Anti-Money Laundering checks o

Standard Life has announced Siobhan Boylan, Aberdeen Group's, nominated non-executive director, will cease being on its board following Aberdeen's stake sale. Boylan who is Aberdeen Group's chief financial officer served on the board until the asset manager reduced its stake in Standard Life on Octo

As Baillie Gifford US Growth Trust warns that low turnout could hand Saba the board, ShareSoc says the real problem isn’t apathy but invisibility. ShareSoc, which represents more than 9,500 private investors, said the problem is more complex, explaining that shareholders don’t know they

JPMorgan Global Growth & Income has attributed its underperformance over the year to June 2026 to “unfavourable stock selection”, with its net asset value (NAV) total return trailing its benchmark by 11 percentage points. The trust delivered a NAV total return of 16.7%, compared with