News

August 26, 2026

UK fund managers battling to run £1bn Scale-up Fund, reports say

M&G Investments and Schroders are said to be among those in contention

Martin Coulter

2 min read

Some of Britain’s biggest asset managers are competing to oversee a new £1bn government-backed fund designed to channel pension money into the country’s fastest-growing startups, as the government steps up efforts to tackle the UK’s funding gap.

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Martin Coulter

Martin Coulter is Sifted's news editor, based in London. You can follow him on LinkedIn and X

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