Edinburgh-headquartered investment giant Aberdeen Group plc is a strong candidate to re-enter the FTSE 100 after an absence of almost of almost three years.

Aberdeen was demoted from the FTSE 100 in September 2023 following a double-digit share price fall and heavy investor outflows.

However, Aberdeen’s share price has risen roughly 37% over the past year to increase its stock market value to around £4.5 billion.

On April 22, Aberdeen said its assets under management and administration (AUMA) had “recovered strongly” from outflows in the first quarter.

Aberdeen plc group manages and administers roughly £550 billion of client and customer assets across its three core business — interactive investor, Adviser and Investments.