Wealth Management

AAB has acquired specialist provider of internal audit, governance, risk, and assurance services firm Validera to strengthen its risk assurance expertise across the public and private sectors. The acquisition allows the firm to expand its provision of independent, flexible internal audit services de

The FTSE 100 rose 0.48% this morning as hopes of a de-escalation in the Middle East helped offset renewed pressure on technology stocks following fresh concerns surrounding Nvidia. US President Donald Trump said it was “highly unlikely” that he would launch new strikes on Iran, lifting h

The private equity owners of Hargreaves Lansdown are set to receive nearly £800m in dividends since taking the wealth manager private in a £5.4bn deal. The Bristol-based investment platform paid £600m in dividends during the year to June, with a further £189.3m declared in Se

A new financial advice boutique has been launched by the former head of Rathbones' Bristol office to counter the rise in the rapid consolidation in the market. Sam Wright established Westpeak Wealth, earlier this year, following a career spanning more than 20 years as an investment manager. The fina

Aberdeen Investments has launched the Macro Opportunities Fund, designed to help investors diversify portfolios and navigate increasingly complex market conditions. The strategy is launching with $110m in assets under management and led by Maximilien Macmillan, head of macro investments, multi-asset

Shareholders in Scottish Mortgage Investment Trust have cashed in on its early support for SpaceX following the US tech firm’s mammoth flotation in the summer. The FTSE 100 trust, managed by Baillie Gifford, took advantage for profit taking when the window opened for the sale of shares. It cur

AAB has acquired financial delivery firm Abacai, which provides outsourced finance and accounting support to fast-growing consumer brands across e-commerce, retail and wholesale sectors. Abacai will join the office of the chief financial team at AAB, providing targeted support across operationa

Morgan Stanley and JPMorganChase were among the winners at this year’s Scotland Women in Technology Awards. Boluwatife Omosowon, a software engineer at JPMorganChase, took home the Rising Star Award, while Nicolette Robinson, an executive director at Morgan Stanley, won the Female Innovator Aw

Columbia Threadneedle Investments' Andrew Carnwath has warned that private equity is splitting in two, and that managers caught in between are coming under pressure. The firm’s head of private equity was speaking about the future of private markets at the Investment Association’s Scotlan

Archangels has appointed Andrew Sealey, son of the investment syndicate’s founder, the late Barry Sealey, as chair of its board.  Mr Sealey has been an Archangels investor since the syndicate was established in 1992 and on its board since 2021. He takes over from Ian Macleod who has been

HgCapital Trust's net asset value (NAV) has risen for the second straight quarter as portfolio trading outweighs software sell-off. The trust, which gives investors access to a portfolio of unquoted European technology companies managed by Hg, said NAV per share stood at 539.1p at 30 September 2026,

M&G has reported a seventh consecutive quarter of growth, with third-quarter net inflows from open business of £1.8bn, including £700m from asset management, taking the 2026 total to £4.2bn. Life delivered £1.1bn of open-business inflows in the third quarter with the publ

Transactions and other services depend on relationships. A business lunch gives you space to ask another question, explore an idea and find common ground, away from the formal meeting agenda. For professionals meeting in Glasgow, The Superlative Collection brings together a choice of centrally locat

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’

Private equity investor Aliter Capital has completed the fundraising for a new £50m Annex Fund. The new fund has been created to support the growth of two of its established technology platforms - Technology x People (TXP) and Serbus. TXP is a systems integrator focused on technology consultan