Investment giant Abrdn and the University of Edinburgh have announced a pioneering project out of their partnership Centre for Investing Innovation that will seek to…

Abrdn said it completed the acquisition of the Tandem Centre, a premier retail park in Colliers Wood, South London, for £60.8 million from LaSalle Investment…

Research by investment giant Abrdn has found that 44% of UK adults have poor financial literacy. Abrn is urging the next UK government to urgently…

Huddersfield-based Fintel, a provider of fintech and support services to the UK retail financial services sector, said it conditionally agreed to acquire Manchester-based Threesixty Services Limited, a provider of…

Abrdn investment trust managers around the world have issued their latest outlooks — with near-term risks in India, elevated tensions in the Middle East and…

Edinburgh investment giant Abrdn said it has “accelerated the sustainability agenda across the group” with the creation of a powerful executive sustainability committee. Chief corporate affairs…

The managers of Abrdn investment trusts around the world have outlined the challenges facing investors in 2024 as almost half the world’s population vote in general…

Edinburgh-based investment giant Abrdn plc announced on Friday that group chief executive officer Stephen Bird will step down and that Jason Windsor, currently chief financial officer, has…

Amanda Young, chief sustainability oficer for the investment business of Abrdn, has left the company. On an interim basis, Dan Grandage, head of sustainable investing,…

Phoenix Group Holdings plc, owner of Standard Life, announced that Rakesh Thakrar will step down from his position as group chief financial officer (GCFO) at…

The £400 million North American Income Trust plc announced it has provided notice to terminate Abrdn as its fund manager and agreed to appoint Janus Henderson…

Edinburgh-based investment giant Abrdn has completed the sale of its £7.4 billion-asset European headquartered private equity business to Nasdaq-listed Patria Investments for up to £100 million….

Edinburgh-based investment giant Abrdn said its first-quarter assets under management and administration (AUMA) rose 3.7% to £507.7 billion at March 31, 2024. Abrdn said its performance benefited…

Eva Cairns has joined Scottish Widows as Head of Responsible Investments and Stewardship. Cairns joins Scottish Widows after 13 years with Abrdn, where most recently…

Edinburgh investment giant Abrdn is facing “corporate bullying” by the media following its controversial rebrand, according to Peter Branner, the asset manager’s chief investment officer…

Abrdn’s £440 million Dunedin Income Growth Investment Trust has reported net asset value (NAV) total return of 6.7% for the year to January 31, 2024,…

Proxy advisor Glass Lewis has urged Abrdn shareholders to vote against the Edinburgh asset management giant’s remuneration report due to the £675,000 salary of its new…

Edinburgh-based investment giant Abrdn plc announced that for the 2024 proxy voting season it has “strengthened its approach to the independence of audit committees in developed markets,…

The £440 million Abrdn Property Income Trust (API) will be wound down after a proposed merger with rival fund Custodian Property Income REIT (CREI) failed to get…

Abrdn CEO Stephen Bird has said that breaking up the Edinburgh investment giant — a move that some analysts have called for — would be…

Abrdn’s £1.8 billion Murray International Trust net asset value (NAV) has posted a total return — with net income reinvested — of +8.6% for 2023. The…

Abrdn plc announced that Catherine Bradley will not seek re-election at the company’s Annual General Meeting on April 24, 2024, and will stand down as…

Edinburgh-based investment giant Abrdn plc announced its 2023 results on Tuesday, saying its work to achieve at least £150 million of annualised cost savings “is now…

By Mark McSherry Apple shareholders Abrdn and Legal & General Investment Management (LGIM) are planning to challenge the tech giant’s disclosure practices regarding artificial intelligence (AI)…

Urban Logistics REIT plc may have started a bidding war for Abrdn Property Income Trust Limited (API) with a rival “indicative” all-share offer a month after API…

Virgin Money said on Wednesday it will purchase Abrdn’s 50% stake in their joint venture Virgin Money Investments “following the successful launches of its new…

Edinburgh investment giant Abrdn has confirmed it is trialling alternatives to Bloomberg terminals as part of a its recently-announced move to slash about £150 million in…

Edinburgh investment giant Abrdn plc confirmed on Wednesday it will axe 500 jobs as part of a “new transformation programme targeting an annualised cost reduction…

Edinburgh-based investment giant Abrdn is planning to axe hundreds of jobs as part of a move to cut about £150 million in costs. Sources said Abrdn…

Edinburgh investment giant Abrdn said its Concession Infrastructure business, a long-term investor in infrastructure projects across the world, has made a strategic investment in France’s NGE…

Abrdn and Pimco are betting that increasing their investments in UK government debt securities will bring bigger returns than buying into US Treasuries amid an increasing risk…

Edinburgh investment group Abrdn has confirmed media reports that it has slashed employee benefits as part of a fresh round of cost cuts. The cuts include…

The £336 million investment trust Abrdn Diversified Income and Growth plc (ADIG) announced that amid the fund’s “entrenched discount to net asset value” its board has…

Abrdn has announced a new initiative to “demonstrate its commitment” to the range of UK listed closed-ended funds that it manages — by investing an…

Edinburgh investment giant Abrdn announced that its investment companies head William Hemmings has decided to retire and that Christian Pittard has taken on a newly…

Abrdn China Investment Company Limited (ACIC) announced that heads of terms have been agreed in principle for a proposed combination of the fund with the assets…

Shares of Abrdn European Logistics Income plc, a real estate investment trust with assets of almost €660 million, rose about 6% on Monday after it announced a…

Abrdn CEO Stephen Bird had “a personal preference” to sell the firm’s £368 billion investment management business after completing its acquisition of Interactive Investor last…

Edinburgh asset management giant Abrdn and China Construction Bank, the second largest bank in China, signed a memorandum of understanding during the China International Import…

Edinburgh-based investment giant Abrdn plc announced that its US subsidiary, Abrdn Inc, has entered into an agreement with First Trust Advisors L.P. to acquire the assets…

Edinburgh investment giant Abrdn announced it agreed to sell its £7.5 billion-asset European headquartered private equity business to Nasdaq-listed Patria Investments. Abrdn manages and administers…

Climate activists gathered outside the Edinburgh headquarters of investment giant Abrdn on Thursday to demand that the asset manager “immediately deny debt to companies expanding…

Boston-based HighVista Strategies LLC, an alternative asset manager investing in private and public markets, announced the completion of its acquisition of the US private markets…

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…