Asset management editor

Scottish Widows Investment Partnership confirmed the departure of its fifth high-profile investment manager in as many months today after Calum Bruce quit the business.

Bruce, who was a senior investment manager within the real estate team, has since joined Edinburgh-based Ediston Real Estate as investment director. He had been with the business since 2005.

Scottish Widows Investment Partnership has seen five senior investment managers depart since the summer

Joe McGrath

Jupiter Fund Management

Aberdeen Asset Management

Musical chairs at Citi, JPMorgan and HSBC: FN wealth this week

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Find out who is on the move in the City and beyond this week

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The hedge-fund founder is asking triple what he paid for the Bali-inspired Manalapan estate in 2017.

British Billionaire Chris Rokos Wants $150 Million for His Florida Mansion

The announcement comes as USS Investment Management said it won’t bid for the property firm.

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Assura

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Property Firm Assura

The U.S. private-equity firm said t decided not to begin a tender offer for the Japanese software company after consulting with Fuji Soft founder Hiroshi Nozawa.

Successful firms are increasingly split between behemoths with several business lines and those focusing on their roots of buying companies.

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The Chinese technology giant has begun tests to integrate homegrown startup DeepSeek’s AI model into its Weixin messaging app.

Tencent Shares Rise as App Launches DeepSeek Testing

Tencent Shares Hit More Than Three-Year High as App Launches DeepSeek Testing

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