AFP BlackRock has written an in-depth report on the expected impact on investors of Scottish independence BlackRock has waded into the debate on Scottish independence , warning that a vote to break away from the UK would create “substantial issues” for investors. The US asset management giant has written an in-depth report, seen by FTfm, on the expected impact on investors of the 306-year union between Scotland and the rest of the UK coming to an end. BlackRock, which opened its first office outside the US in Edinburgh, believes an independent Scotland would create “major uncertainties, costs and risks” for companies and pension schemes based in Scotland and the remainder of the UK. Investors in UK gilts and equities, in particular financial, utility and energy companies, will be most affected, according to the New York-based fund house. Investments in Scottish infrastructure projects are also likely to be put on […]