Renowned Scottish investor Walter Scott has quietly set up a new investment business, Wealth Manager can reveal.

The new company is called Scott Investment Partners and based in Henley-on-Thames, next door to Invesco Perpetual’s original headquarters at the Old Rectory, 17 Thameside.

The firm counts Walter Scott (who established Edinburgh-based Walter Scott & Partners in 1983), Matthew Scott and Marilyn Harrison, former finance director at Walter Scott & Partners, among its founders, according to documents filed at Companies House.

Walter Scott sold his eponymous boutique to BNY Mellon in July 2006 and is reported to have made around £260 million from the sale.

Walter Scott is a renowned philanthropist with a keen interest in architecture. He is credited with restoring much of the city’s historic Charlotte Square.

Walter Scott was unavailable for comment.