There has been much upheaval in Glasgow's financial sector in recent decades, including in fund management.

Business Editor Ian McConnell reflects on one particular "success story", achieved against a tough backdrop.

It is more than 16 years ago now that I first talked to Bill Nixon about his creation of Maven Capital Partners.

So much has happened since then, including Brexit and a global pandemic.

Glasgow investment house Maven was created amid the global financial crisis through the management buyout of the private equity operations of Aberdeen Asset Management in 2009 – a deal led by Mr Nixon.

While the global financial crisis passed, things have remained turbulent and difficult for the UK economy.

Mr Nixon and his team enjoyed great success in building Maven into a stalwart of Glasgow’s financial community, which has seen so much upheaval and change in recent decades.

Among the sectors to have seen the greatest upheaval is fund management.

Against this backdrop, the growth of Maven as an independent player was highly encouraging.

Then, in 2021, came the sale of Maven to Mattioli Woods for up to £100 million.

At the time that deal was announced, Mr Nixon highlighted what Maven had achieved.

He said: “Today marks an........

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