UK investors back challenger banks
In the wake of Alibaba's market-busting IPO, Magdalene Miller from Standard Life Investments takes a look at the other internet-based companies in China battling it out.
Shares in the largest Scottish companies, notably financials, helped power the FTSE 100 higher this morning after the results of the Scottish referendum revealed the country had voted to remain part of the UK.
Standard Life Investments (SLI) has added a short duration global bond fund to its fixed income range.
An index of 14 Scottish companies labelled the 'Scotsie' has performed broadly in line with the FTSE 100 and FTSE 350 indices so far this year, despite increasing signs there could be a 'yes' vote on independence later this week.
The illiquidity and low volatility of micro-cap stocks has helped managers at the very bottom of the cap scale dodge the impact of this year's rotation into larger companies, buyers suggest.
Scottish fund managers have suffered outflows in recent months amid increased uncertainty over the outcome of the country's independence referendum.
Fund buyers weigh up replacements for Dean’s distinctive business cycle approach
A ‘yes' vote in the Scottish referendum could see Standard Life move its pensions, investment and other long-term savings operations out of the country, the company has said.
Standard Life shareholders are set for a £1.75bn payout after the firm announced the sale of its Canadian business to a subsidiary of Manulife.