Liechtenstein-based private bank LGT said it has successfully completed the acquisition of Abrdn’s discretionary fund management business in the UK and Jersey for £140 million….

Index compiler FTSE Russell confirmed late on Wednesday that Edinburgh investment giant Abrdn will be demoted from the FTSE 100 following a drop in its…

The £450 million Abrdn UK Smaller Companies Growth Trust plc announced that it extended its period of underperformance against its benchmark on both a net asset value (NAV)…

Index compiler FTSE Russell has confirmed that Edinburgh investment giant Abrdn is facing demotion from the FTSE 100 following a drop in its share price…

Edinburgh investment giant Abrdn has started to give staff access to an in-house version of ChatGPT as the FTSE 100 asset manager looks to adopt…

Abrdn’s £1.6 billion Murray International Trust announced that its controversial lead investment manager Bruce Stout will retire in from the Edinburgh investment giant in 2024….

Abrdn, the Edinburgh investment giant, said on Tuesday its assets under management and administration slipped 1% to £496 billion in the first half of 2023 as…

Edinburgh-based investment giant Abrdn plc has announced the appointment of Jason Windsor as its new chief financial officer (CFO), subject to regulatory approval. Windsor, 50, has…

The £360 million investment trust Abrdn Diversified Income and Growth plc (ADIG) — which last month commenced a strategic review — announced it “has received…

Abrdn-owned platform Interactive Investor (ii) has written a ‘Dear CEO’ letter to FTSE 100 company chairs and the UK’s 20 most-held investment trusts on the…

Investment firm M&G plc announced the appointment of Caroline Connellan as the CEO of M&G Wealth, subject to regulatory approval. Connellan is the former CEO…

By Mark McSherry Edinburgh-based investment giant Abrdn plc announced that its US subsidiary Abrdn Inc agreed to acquire the healthcare fund management capabilities of Boston-based…

Edinburgh-based Abrdn plc said subsidiary Abrdn Investment Management Limited (AIML) sold 21.8 million shares in HDFC Asset Management Company Limited (HDFC AMC) on the National Stock Exchange…

The board of the £360 million investment trust Abrdn Diversified Income and Growth plc (ADIG) — formerly known as British Assets — announced that it…

By Mark McSherry Edinburgh-based investment giant Abrdn announced that Archax, the FCA regulated digital asset exchange, has created a tokenised representation of its interests in…

The lead manager of the £1.1 billion Abrdn Private Equity Opportunities Trust plc (APEO) has responded to recent criticism of private equity investment companies by…

Abrdn, the Edinburgh-based investment giant, has announced the start of a share repurchase programme of up to £150 million, which is being undertaken by J.P….

Border to Coast Pensions Partnership, one of the UK’s largest asset owner pools, has appointed Edinburgh investment giant Abrdn “to support the launch and portfolio…

Edinburgh-based investment group Abrdn said it has sold its remaining £198 million stake in HDFC Life, a long-term life insurance provider in India. Abrdn has…

Abrdn plc has announced big changes in the leadership of its investment business — with Rene Buehlmann becoming sole CEO and co-CEO Chris Demetriou leaving…

By Mark McSherry Abrdn chairman Douglas Flint said a debt default by the United States “is almost unthinkable” and would be a “cataclysmic” event for…

M&G Wealth announced it has appointed Abrdn executive Ella Hugh as its new Director of Proposition and Marketing. At M&G Wealth, Hugh will take on…

Abrdn is considering a plan to individually sell a batch of private equity businesses which collectively have about £12 billion of investments, according to a…

Edinburgh-based investment giant Abrdn has confirmed it will cut more than 20% of its multi-asset investment team as part of a broader restructuring. Staff have been…

Wealth management platform FNZ and Virgin Money have partnered to launch a new digital investment platform for UK retail investors. The service has been developed by…

Former Abrdn long-time executive Piers Currie, who went on to be a founder of specialist consultancy Warhorse Partners, has died. At the then Aberdeen Standard Investments, Currie’s…

Virgin Money said it has launched a new investment service in partnership with Abrdn “comprising a new digital platform with a range of straightforward investment…

The £63 million Abrdn Smaller Companies Income Trust plc — which recently announced a strategic review to include “consideration of a combination of the company’s assets…

Edinburgh investment giant Abrdn has announced it will ask shareholders for permission to increase the amount of shares it can buy back from 10% of its…

Professional Independent Wealth Advice (PIWA), a new advisory firm formed by ex-Abrdn advice director Neil Messenger, is to join the Sandringham Financial Partners network, part…

Phoenix Group, owner of Standard Life, said it has provided a £210 million investment to City Property Glasgow, a wholly owned subsidiary of Glasgow City…

Edinburgh-based investment giant Abrdn confirmed it has made a decision to move out of its 6 St Andrew Square office in central Edinburgh in stages…

Abrdn’s Pan European Residential Property Fund (aPER) has completed the purchase of Roselawn, a multifamily/build-to-rent scheme in the South Dublin suburb of Blackrock, for €70 million….

The board of Abrdn Latin American Income Fund Limited announced that proposals will be put forward for the company to be placed into “summary winding…

Edinburgh-based investment giant Abrdn plc announced that, in line with succession planning announced on December 23, 2022, chief financial officer Stephanie Bruce “has agreed with…

Abrdn’s £1.8 billion Murray International Trust reported that its net asset value (NAV) posted a total return of +8.8% for 2022 compared with a total return for…

Abrdn plc said it has agreed to sell Abrdn Capital, its discretionary fund management (DFM) business, to Liechtenstein-based private bank LGT for about £140 million….

Edinburgh investment giant Abrd reported IFRS loss before tax of £615 million for the year ended December 31, compared to a £1.1 billion profit in…

By Mark McSherry The Abrdn China Investment Company reported that its net asset value (NAV) total return was -37.0% in the year to October 31, 2022,…

Abrdn has announced it will prioritise executive remuneration and cost-of-living in the UK, diversity on US boards, “Say on Climate” advisory votes and climate “laggards”…

Abrdn Smaller Companies Income Trust plc announced that it intends to undertake a strategic review to consider the future of the company. The fund had…

Abrdn, the Edinburgh-headquartered asset management giant, has become the UK’s most shorted company as hedge funds and investment firms make big bets that the Scottish firm’s…

Edinburgh investment giant Abrdn said it has engaged with some of its largest mining holdings following “incidents of unacceptable work-place behaviours in the sector, including sexual…

Edinburgh investment giant Abrdn announced it has appointed Peter Branner as chief investment officer (CIO), effective May 1, 2023, reporting to Chris Demetriou and Rene…

Abrdn said it has launched a purpose-built student accommodation (PBSA) platform called MYS Student Living. “This is a natural evolution as Abrdn further expands its…

The £1.1 billion Abrdn Private Equity Opportunities Trust plc (APEO) said it showed growth in annual Net Asset Value (NAV) “in spite of the difficult…

A manager of the £510 million Abrdn UK Smaller Companies Trust plc has said that UK markets may be “closer to their low point than other…

Wealth management firm Quilter plc announced “with great sadness” the death of its commercial and propositions director David Tiller at the age of 56. Tiller…

The “full pain” of the conditions that roiled global markets in 2022 will only be felt in 2023, with significantly slower GDP growth, while in…

Edinburgh-based investment group Abrdn plc confirmed its chief financial officer (CFO) Stephanie Bruce is planning to leave in the coming months. Bruce has been CFO of Abrdn…

Edinburgh-based investment giant Abrdn plc announced the completion of the second £150 million phase of its £300 million share repurchase programme undertaken during 2022. “Over the…

By Mark McSherry — Abrdn announced it has provided £98 million of private placement debt to EnBW, one of the largest utility companies in Germany and…

Abrdn confirmed on Friday that Ralph Bassett, its head of US equities, is leaving the firm. “We can confirm that Ralph Bassett has decided to…

By Mark McSherry — Abrdn and the John Lewis Partnership have announced a joint venture to build 1,000 new homes in three build-to-rent schemes in London…

FTSE Russell has confirmed that Edinburgh-based investment giant Abrdn and Glasgow-based global engineering and mining group Weir Group, two of Scotland’s biggest companies,  will return…

Edinburgh-based investment giant Abrdn and Glasgow-based global engineering and mining group Weir Group, two of Scotland’s biggest companies and employers, are currently strong contenders to return to…

Abrdn CEO Stephen Bird has responded to allegations that he has an aggressive management style. “What you see is what you get from me,” said Bird…

By Mark McSherry — Edinburgh-based investment giant Abrdn has led a $28.5 million Series A funding round into Archax, the UK’s first regulated digital securities exchange….

Asset manager Fidelity International said it strengthened its Solutions & Multi Asset Team with the appointment of Julie-Ann Ashcroft as Portfolio Manager, Multi Asset. Ashcroft…

Edinburgh-based investment giant Abrdn has confirmed the completion of the first £150 million phase of its £300 million share repurchase programme which commenced on July 6,…

The £530 million Abrdn Asia Focus plc fund reported that its net asset value (NAV) total return declined 2.0% over the 12 months to July 31,…

Abrdn European Logistics Income plc, a fund that invests in modern continental European warehouses, said on Tuesday that Evert Castelein has resigned from Abrdn and…

Edinburgh-based investment giant Abrdn has joined the governing council of distributed ledger technology (DLT) firm Hedera, becoming the first buy-side finance and asset management company…

The board of Edinburgh-based investment giant Abrdn plc announced that Cecilia Reyes will not seek a second term at the conclusion of her three-year term…

Edinburgh investment giant Abrdn is considering a plan to return up to £500 million to shareholders to placate investors following its relegation from the FTSE…

New York-based Stellex Capital Management, a mid-market private equity firm, announced that former Abrdn global head of private equity Mark Redman has joined its senior…

Edinburgh-based investment giant Abrdn announced it sold another chunk of its shareholding in HDFC Life Insurance Company in India. It said its Abrdn (Mauritius Holdings) 2006 Limited…

Abrdn UK Smaller Companies Growth Trust plc said that after 37 years with Standard Life and Abrdn, Harry Nimmo will retire from Abrdn at the…

Index compiler FTSE Russell confirmed on Wednesday that Edinburgh-based investment giant Abrdn will drop out of the FTSE 100 index as a result of its…

Edinburgh-based investment giant Abrdn may be demoted from the FTSE 100 index at the next quarterly review, according to indicative results announced by index compiler…