Wealth Management

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

Greig McKnight, centre, Regional Managing Director for Scotland, with newly promoted Partners, from left: Michael Walker, Audit; Graeme Dreghorn and Will Bleasdale, and Victoria Walker, Jennifer Spence and David Samborek   

Working capital and credit management specialist itsettled has expanded into Scotland, establishing a new Highlands base to support businesses facing increasing pressure on working capital and receivables performance. Victoria Herd, itsettled's director for Scotland and head of working capital proje

Seraphim Space Investment Trust (SSIT) has invested a further $15m in Xona Space Systems, with the US satellite navigation company’s latest financing round increasing the fair value of SSIT’s existing holding by £52.2m. The investment was made through SSIT’s C share portfolio

FinTech platform Wise is negotiating a settlement with HM Revenue & Customs after errors in its software led to around 4,000 of its investment customers paying the wrong amount of tax. Around 4,000 users of its Wise Assets service were notified that they had been provided with incorrect tax stat