Boss' s wife splashes out on Standard Life shares
11th Mar 2011 17:18
The wife of Standard Life's chief executive has spent nearly £300,000 on a stake in the insurer, the day after the company announced it had a "good" 2010. Caroline Nish, wife of David, bought 125,000 shares at 2,24p a time, taking the couple's stake to about 550,000 shares. The UK's fourth-largest
Read moreScottish Mortgage Investment Trust 3-Month NAV -11%
6th Jul 2010 11:10
LONDON (Dow Jones)--Scottish Mortgage Investment Trust (SMT.LN), a low cost investment trust, said Tuesday its net asset value for the three months ended June 30 fell by 11%, while the FTSE All World Index in sterling terms, the benchmark, fell by 10.7%. MAIN FACTS: -Net asset value per shar
Read moreScottish Mortgage ends 2009 with a flourish
11th Jan 2010 14:34
Portfolio managers at Scottish Mortgage Investment Trust will have enjoyed their Hogmanay after the trust's net asset value bounced 8% higher in the fourth quarter of 2009. Net asset value (NAV) per share, after deducting borrowings at fair value, rose to 609.6p at the end of 2009 from 567.8p at th
Read moreScottish Mortgage chairman to leave on a high
30th Oct 2009 15:06
Global equities investment trust Scottish Mortgage gave its benchmark comparison index, the FTSE All World index, a pounding over the 6 months to 30 September. The investment trust said its net asset value (NAV) per share soared 48% over the reporting period, versus a 28% increase in the FTSE All W
Read moreScottish Mortgage Inv Trust names new chairman
29th Oct 2009 16:06
Scottish Mortgage Investment Trust announced that John Scott will replace Sir Donald MacKay, who intends to retire on 31 December, as chairman of the group. Scott, who joined the board in 2001, will succeed MacKay as chairman of the company and chairman of the Nomination Committee. MacKay was app
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