The Scottish financial community is responsible for managing more than £225bn and Edinburgh is the fo...
The Scottish financial community is responsible for managing more than £225bn and Edinburgh is the fourth biggest equity management centre in Europe behind London, Frankfurt and Paris. Scottish fund management groups have been particularly successful in the US, where companies such as Baillie Gifford, Martin Currie and Friends Ivory & Sime have been active. Most of the money managed by these groups is institutional pension fund cash, but there has been little retail penetration. This is not so much a sign of weakness but more of regulation and marketing muscle. It is perhaps a step too far...
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