Wealth Management

Fund managers at Schroder Asian Total Return (ART) 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

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

More than £1bn in inheritance tax was paid by the estates of wealthy families who put off gifting until it was too late, new figures show. Data obtained by financial advice firm, NFU Mutual, showed that more than 5,000 estates paid in excess of £1bn in IHT on lifetime gifts in the tax ye

Greencoat Renewables' return to profit has been undermined by the shortfall in wind production and shares trading at a 24% discount to net asset value (NAV). Profit after tax for the period running to the end of June 2026 increased to €11.9m following a loss of €68m for the same period las

Mirabaud Asset Management has hired former Aviva Investors duo Giles Parkinson and Will Ballard to launch their new global equity strategy. Mr Parkinson spent five years working as head of equities at Trinity Bridge before that, he worked alongside Mr Ballard at Aviva Investors, where he was a portf

Aberdeen Investments has told Chancellor John Healey the UK risks falling further behind Asia on retail investing unless he acts in October's Budget. Research by the firm found that Japanese households now hold 9% of their wealth in equities and mutual funds outside pensions, compared with just 8% i

Female representation in fund management has declined globally for the first time, even as the money entrusted to women in the sector climbed to £5trillion, according to a new report. It revealed that the number of active female fund managers dropped from 2,371 globally in 2025 to 2,283 this y

Partners Group Private Equity (PGPE) has revealed that its net asset value per share rose by 0.1% in July, as a 0.3% gain in portfolio revaluations was almost entirely cancelled out by a 0.3% currency loss, suggesting the underlying business barely moved. Separately, PGPE received EUR 4.7 million in

The UK economy grew by 0.4% in July, faster than analysts’ expectations, and offering some relief to battered markets. Some economists had predicted no growth and the latest figure builds on growth of 0.3% in June and zero growth in May.

Seraphim Space Investment Trust (SSIT) has confirmed that space tech start-up ICEYE has closed its €450 million Series F funding round, after clearing the necessary regulatory approvals. The world's first space investment trust said the deal will be reflected in its net asset value (NAV) at 30

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

Baillie Gifford, Aberdeen Group and BlackRock lead the pack with multiple nominations at this year's Scottish Financial Services Awards shortlist, which has just been revealed. The flagship industry celebration recognises the contribution that both firms and their people have made to the financial s

The Association of Investment Companies (AIC) has called on Chancellor John Healey to remove stamp duty by the end of this parliamentary term to unlock growth. Investors must pay 0.5% stamp duty tax to the UK Government when buying UK shares or other chargeable securities, which the AIC warns is mak

UK investors have continued to sell down shares in August, according to the latest Fund Flow Index from Calastone. The largest global funds network revealed that equity funds suffered a net outflow of £315m during August, marking the 14th month of outflows in the last 15 and the fourth consecu

Business consulting and investment firm The Exiteers has acquired a minority stake in Breadalbane Finance. The Scottish commercial brokerage firm has appointed former Scotland Sevens rugby international player James Johnstone as its managing director to lead its next phase of growth.