Top-rated fund manager Colin McLean's asset management firm, SVM Asset Management, reported an increase in revenues of 27% last year thanks to its funds' positive performance and increased assets under management.

Turnover at the Edinburgh-based firm increased from £5.8m (€7.3m) to £7.3m over the year, resulting in net profits more than doubling from £704,000 to £1.97m, according to the results published at Companies House last week.