Wealth Management

Molten Ventures has topped the list of best-performing investment trusts since the start of the Iran War, delivering a share price total return of 53.0%, according to Association of Investment Companies (AIC). Biotech Growth trust was the second-best performer, delivered a 38.5% return, followed by

Murray Income Trust has reported a 9.1% increase to its net asset value (NAV) ahead of a 4.7% return from the benchmark since Artemis Investment Management took control of the £924m trust from Aberdeen. The trust reported a net asset value (NAV) return of 15.1% compared to a benchmark return o

Glenstone REIT’s takeover offer for Alternative Income REIT (AIRE) has been declared unconditional. The company said that 50.42% of AIRE's issued ordinary share capital have accepted its 70p per share offer on September 8. 

Aberdein Considine Wealth, trading as AC Wealth, has been acquired by Shackleton Advisers, which will significantly expand its presence in Scotland. The acquisition adds about £800 million in assets under management or advice to Shackleton, taking the total in Scotland to £1.3 billion.&n

Aberdeen Group has appointed Torbjörn Magnusson to its board as a non-executive director and chair-designate. The appointment, which is effective immediately, will see Mr Magnusson take over from interim chair Jonathan Asquith, who stepped in after Sir Douglas left the role following the AGM in

Partners Group Private Equity has extended the amount of shares it is allocating to a realisation share class from 30% to 40%, warning that the investment vehicle will wind down completely if demand exceeds that figure. The firm made the change following conversations with "significant institutional

Fidelity European Trust has reported a total return on its net asset value of 6.4% against 10.3% for its benchmark, the FTSE World Europe ex UK Index, during the six months to 30 June 2026. The share price fell further behind net asset value (NAV) as the discount to NAV widened over the period. Cont

The portfolio manager of Fidelity European Trust (FEV) Sam Morse has announced plans to retire next October after four decades in the investment industry. Mr Morse joined Fidelity in 1990 as a research analyst before becoming a portfolio manager in 1994 with responsibility for running several retail

Jupiter Asset Management has hired Mayan Uthayakumar and George Ensor from rival fund group Liontrust. Mr Uthayakumar and Mr Ensor previously worked at Martin Gilbert's River Global before it was acquired recently by Liontrust. They are expected to start their new roles from January next year.

Quilter WealthSelect Managed Portfolio Service (MPS) has reduced its passive US exposure in favour of small and mid cap stocks and value, warning of risks from high tech valuations and AI concentration. The £30bn MPS added to the Quilter Investors Europe (ex UK) Equity Income Fund and increase

The chief executive of Royal London Asset Management (RLAM) has announced that he has stepped down after five years in the role. Hans Georgeson took up the top job in 2021 following 10 years as the chief executive of Architas Asset Management, overseeing its growth from a start-up UK business to a 3

Interest rates will need to rise quickly to head off the threat of inflation, according to the Bank of England’s chief economist. Huw Pill told an audience in Edinburgh that there were “dangers” in waiting for firmer evidence of the impact of conflict in the Middle East, reports ou

The Financial Conduct Authority (FCA) has sounded the alarm over a handful of asset managers dominating the ballooning private credit market. Following a review of the latest UK Alternative Investment Fund (AIF) data between 2021 and 2025, it found that the top five asset managers hold 28% of the ma

Aubrey Capital Management has relocated its Edinburgh headquarters to 37 Melville Street from its base on Coates Crescent. The new office will provide its teams with a "modern, professionally managed working environment", alongside enhanced facilities for hosting clients and business partners.

Sandy Begbie has a message for anyone convinced artificial intelligence is about to wipe out entry-level jobs in Scottish financial services: it isn't happening, not yet, and not the way the debate suggests. "No one is saying to us that there's any major job losses," the Scottish Financial Enterpris