Aberdeen Investments said it has appointed John McCareins as its new Chief Client Officer. He succeeds Xavier Meyer following Mayer’s recent promotion to CEO, Aberdeen Investments. McCareins joins the Aberdeen group…
UK smaller companies are the “most unloved stocks in the world” according to new research by Edinburgh-based investment giant Abrdn. The global investment company looked…
Edinburgh-based investment giant Abrdn plc announced the appointment of Siobhan Boylan of Coutts & Co as chief financial officer and executive director of the company,…
Abrdn’s forecasts for returns from European and UK real estate have been increased — as it predicts a deeper “construction crunch” that will limit new…
Edinburgh-based investment giant Abrdn has announced the final closing of its third core/core+ infrastructure fund, ASCI III. Focused on direct investments in European small to…
Edinburgh investment giant Abrdn said on Tuesday its assets under management and administration (AUMA) rose 3% in 2024 to £511 billion, with a 1% increase…
Abrdn has announced that Alain Courbebaisse will be taking on a new role of Chief Technology Officer (CTO), Abrdn Investments, at the start of the…
Abrdn plc announced that Pam Kaur will not seek re-election at the company’s Annual General Meeting on May 8, 2025, and will stand down from…
Focus Business Solutions, the advice tech business trading as Focus Advice Technology, has announced the successful completion of its management buyout (MBO) from Abrdn. The…
Edinburgh-based global asset manager Abrdn announced that from February 20, 2025, Abrdn UK Sustainable and Responsible Investment Equity Fund and Abrdn Global Sustainable and Responsible…
Zurich-based crypto investment product firm 21.co, the parent of crypto exchange traded products (ETP) provider 21Shares, announced that three former executives of Edinburgh investment group…
Investment group Abrdn said it has further expanded its Living business within its real estate team with the acquisition of a student/co-living asset in Cergy,…
Edinburgh-based investment group Abrdn has announced big changes in its multi asset and alternatives leadership team. Darren Wolf has been promoted to Global Head of…
Edinburgh-based investment group Abrdn has announced big changes to its senior leadership team — and a new senior leadership structure. Xavier Meyer has been appointed…
Amanda Young, former chief sustainability officer at Abrdn, has joined the Global Ethical Finance Initiative (GEFI) as a Senior Advisor. “Amanda brings invaluable experience in…
Edinburgh-based investment group Abrdn is selling its Focus Solutions software business as the investment manager’s new CEO Jason Windsor looks to improve its performance, Reuters…
The partnership between Abrdn and Italian renewable gas specialist Blu-H Energy S.r.l (BHE) acquired four additional operating biogas facilities in Italy in October. Earlier in…
By Mark McSherry Abrdn said Steve Logan has returned to the Edinburgh-based asset management group as Head of European High Yield and Global Loans, four…
By Mark McSherry The board of Abrdn’s £664 million Asia Dragon Trust plc has proposed a merger with Invesco Asia Trust, a much smaller £215 million rival. Invesco…
Abrdn investment trust managers from around the world have published their outlook updates as they navigate an upcoming UK budget, shifting interest rates, geopolitical tensions, the American…
By Mark McSherry Abrdn said on Thursday its assets under management and administration (AUMA) rose 2% YTD to £507 billion, reflecting positive markets and net inflows…
Edinburgh-based Abrdn, the global investment company, called on Thursday for “urgent measures” to be introduced by the UK government to “protect and support” listed smaller…
By Mark McSherry New research from Edinburgh investment giant Abrdn said UK smaller companies (small caps) globally are at historically cheap valuations – and UK…
Edinburgh-based global asset manager Abrdn has published its latest quarterly House View on the macro-economy and investment outlook for the fourth quarter of 2024. Overall,…
Edinburgh-based asset management giant Abrdn plc has announced the expansion of its real estate investment business in Japan through its subsidiary, Abrdn Japan Limited. Abrdn’s strategic…
Edinburgh investment giant Abrdn said it has expanded its £23bn global closed-end funds business with the reorganisation of two US funds it acquired from First…
Edinburgh investment giant Abrdn said it has published an ESG-focused “Fixed Income Engagement Roadmap” to help shine a light “on this neglected global engagement issue.” Abrdn…
Abrdn Property Income Trust (API) said it agreed to sell the vast majority of its portfolio to GoldenTree Asset Management LP for about £351 million….
Abrdn Property Income Trust Limited (API) has confirmed press speculation by announcing that it is “in advanced discussions” with funds managed by GoldenTree Asset Management…
Edinburgh-based investment giant Abrdn plc announced that former Marks & Spencer co-CEO Katie Bickerstaffe and former Terra Firma CEO Vivek Ahuja have been appointed to…
Edinburgh investment giant Abrdn has welcomed the news that the UK government and the Financial Conduct Authority (FCA) have temporarily exempted investment trusts from complying…
Edinburgh investment giant Abrdn said its £1 billion Murray Income Trust plc generated a Net Asset Value (NAV) per share total return of 9.9% for…
Abrdn Global Sustainable Infrastructure Partners IV LP (aGSIP) and The Circular Economy Development Ltd (TCED) have reached financial close on an anaerobic digestion plant. It…
Abrdn said on Tuesday that Jason Windsor, previously its group chief financial officer and currently interim group chief executive officer, has been appointed as group…
Abrdn has announced a series of internal promotions in its £130 billion fixed income investment team as Craig MacDonald, Global Head of Fixed Income, leaves…
Abrdn Adviser has announced the appointment of Louise Williams to the role of chief financial officer (CFO). Abrdn Adviser is a business of Edinburgh investment…
Edinburgh investment giant Abrdn has listed its first ETF (exchange-traded fund) on the London Stock Exchange. Abrdn, which has around £500 billion in assets under…
The £1 billion Murray Income Trust plc announced that it has reduced and simplified its investment management fee arrangements with Abrdn Fund Managers Limited. “With…
Shares of Abrdn rose as much as 5% on Tuesday after it reported first-half results showing assets increasing slightly to £506 billion and total group net inflows…
Abrdn Adviser has announced that Verona Kenny will join the firm in the newly created role of Chief Distribution Officer, reporting directly to Noel Butwell,…
Edinburgh-based investment giant Abrdn has forecast that “the real estate correction is now over for core assets” and it expects residential, retail and industrials to…
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…