Financial services
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Asset management

Edinburgh

Could Scotland be the right location for your global business?

Scotland is a renowned centre of excellence in investment management and servicing with its origins dating back to the nineteenth century and is in the same regulatory environment as the rest of the UK.

Companies based in Scotland manage close to £1 trillion of assets across many asset classes such as:

  • Equities
  • Fixed income
  • Emerging markets
  • Alternative investments
  • Multi-asset portfolios

This is supported by an established Asset Servicing community.

As the sector continues to consolidate perhaps you should think about joining those companies already operating successfully here.

Cluster of Excellence

Wide variety of experience and capability

Several asset management firms have headquarters in Scotland, including:

  • Standard Life Aberdeen
  • Alliance Trust Savings
  • Baillie Gifford
  • Martin Currie
  • Walter Scott

Scotland is also a major European centre for asset servicing on behalf of fund managers in Scotland, the UK, Europe and globally, with six out of the ten largest global players by assets under administration having a presence in Scotland.

Financial services companies with asset servicing operations in Scotland include BNP Paribas, BNY Mellon, Citi, HSBC, JP Morgan and State Street.

These firms are located alongside a mix of large institutional and boutique businesses that deliver a wide variety of innovative investment services to institutional and personal clients around the world, including:

  • BlackRock
  • First State Investments
  • Franklin Templeton
  • Ruffer
  • Kennox

Graduates

Talent on demand

Expertise at all levels and functions

Scotland punches above its weight in the number of people employed in the Asset Management and Servicing sectors, with 15 per cent of the UK total employed here.

This means a pool of over 4,500 people operating across all key roles from portfolio managers and risk/compliance to operations and support functions.

Added to this is the high quality graduate population coming out of Scottish Universities, and almost 20,000 people with relevant professional qualifications for the industry.

Find out about Scotland's strengths

A major Asset Management hub within the UK and Europe

Location is an important factor in deciding where to locate your business. Scotland provides excellent connectivity and quality across a range of factors including:

  • access to over 500 million potential European investors and the transport links to connect you to them
  • passport benefits: under EU rules, fund managers can register funds in one member state and then freely market them across the whole of the EU
  • cost effective property options including a wide range of Grade A properties
  • high bandwidth communications infrastructure
  • low risk in terms of geo-politics, geographic and climatic factors
  • beautiful location and creative hot spot
Edinburgh
Michael Cannon, Scottish Enterprise

Innovation through data and new technologies

New technologies, mean new challenges for the financial services industry.

However they can also mean new opportunities, as well as greater efficiencies and customer satisfaction, with analytics, digital technologies and automation all primed to deliver increased value for innovative, forward-thinking financial services companies.

Scottish companies and Universities can help navigate these tricky challenges and may be able to provide and implement solutions to help improve your companies’ efficiency, productivity and growth.

A good example of one of these solutions is in the ‘big data’ technology space with Scotland’s Big Data Lab opened to help companies in this space.

Learn more about Scotland's Data Lab

Supporting your investment in Scotland

By investing in Scotland you'll be joining a renowned financial services sector, and you'll find lots of ways that we can help.

From financial assistance, to supporting staff recruitment and helping you identify the perfect location, we're here to make sure your investment in Scotland's financial services industry is a success.

Alongside support from SDI and our partners you can rely on established organisations like the Scottish Financial Enterprise, and Financial Services Advisory Board, chaired by the First Minister of Scotland, who are pioneering collaboration between the financial services industry, trade unions, and Scottish Government.

Find out how we can help you to set up in Scotland

Glasgow