Investment plan

Shaping the Scottish Economy: Overseas Investment Plan

1 Ministerial foreword We are in the midst of the fourth industrial revolution.[1] The widespread and large-scale use of data and the advent of artificial intelligence are disrupting and redefining industries as we know them. The global challenges posed by the climate emergency and aging populations are driving significant changes to many aspects of our […]

Investment manager

Momentum Global IM acquires UK investment manager

Momentum Global Investment Management Limited (MGIM), the UK subsidiary of Momentum Metropolitan Holdings, will acquire Seneca Investment Managers (SIM). Completion of the acquisition is subject to UK regulatory approvals. The deal will create a combined global business with assets under management of £4.7 billion ($6.14 billion, €5.12 billion). Financial terms of the transaction were not […]