Wealth Management

AJ Bell Investcentre has launched a new offshore bond in partnership with Standard Life to broaden its suite of tax planning solutions for clients and advisers. Advisers can now offer clients the new Standard Life International Bond through AJ Bell's platform, giving clients a flexible investment st

Aegon Asset Management has expanded into European collateralised loan obligations (CLOs) through the launch of three new funds. The funds will invest across the full credit spectrum from AAA to sub-investment grade. The new Aegon High Grade CLO, European CLO and European CLO Opportunities Funds prov

LendInvest has completed a £265m securitisation backed by 1,240 UK prime buy-to-let mortgages, its eighth transaction under the Mortimer programme and a further source of funding for future lending. The Mortimer 2026-1 transaction, which includes £35m of pre-funding, attracted strong dem

Baillie Gifford US Growth Trust's strategy is at risk from Saba Capital Management's challenge to its board, according to new research from Investec. Research by Investec warned retail shareholders that Saba Capital has failed to offer a "credible alternative", pointing out they are being asked to "

AJ Bell has made three new appointments to strengthen its investments team. Hilary Winn joins AJ Bell in a newly created role as investments director, reporting to AJ Bell Investments managing director Ryan Hughes. She will lead investment strategy and asset allocation across AJ Bell’s multi-a

Baillie Gifford China Growth Trust outperformed its benchmark in the first half of the year, despite falling in absolute terms, as its increasingly concentrated exposure to China's technology sector helped offset weakness elsewhere in the economy. The trust fell 0.9% on a net asset value (NAV) total

The British Business Bank and NatWest (RBS) are investing alongside HSBC and M&G in venture capital firm Phoenix Court. The investment is the latest move to get more capital into promising young businesses.

DigitalBridge and Aberdeen Investments have completed the merger of ZEmobility and VGMobility, creating one of the largest sustainable transportation platforms in Latin America. The merger brings together more than 5,400 buses deployed across Colombia and Chile. ZEmobility, jointly owned by DigitalB

Baillie Gifford has concluded its voluntary exit programme, which will see around 160 jobs cut across its UK business. The move was part of a plan to position itself for the future. The asset manager launched the voluntary exit programme in July, following its move to its new Edinburgh office in Hay

Schroders and Nuveen have confirmed that all antitrust and regulatory conditions attached to the £9.9bn takeover have been waived or satisfied, clearing the way for the deal to complete by the end of September. In a statement, Nuveen has received regulatory approval to acquire Schroders, with

Baillie Gifford's Pacific Horizon Investment Trust  has exceeded the MSCI All Country Asia ex Japan Index benchmark with a share price total return of 63.3% for the year to July 31,2026. The trust which  manages assets of £955.56m reported a net asset value (NAV) per share total retu

City bosses have called on ministers to simplify Britain's "byzantine" tax system, as it raised concerns over a potential tax grab on financial services. Fear is growing within the private sector that Chancellor John Healey is planning to use his inaugural Budget next month to launch another raid.

Aberdeen Investments has appointed Caroline Hertrich as head of UK & EMEA  (Europe, Middle East and Africa) Exchange Traded Funds (ETF) strategy, to support the growth of the firm’s ETF franchise across the UK and EMEA. Hertrich joins from Bloomberg, where she served as Index Sales Le

First Minister John Swinney will deliver the keynote address at the largest-ever Scottish Financial Services Awards next month, as leaders from across Scotland’s financial and professional services industry gather for the event. The Scottish Financial Services Awards, sponsored by EY, will tak

Baillie Gifford has partnered with Essentia Analytics to develop, a new offering called Essentia Data-Out (EDO), which will deliver Essentia's "behavioral intelligence directly into an asset manager’s own data and AI environment.” The investment manager is a founding partner in Essentia'