Edinburgh-based investment giant Abrdn has completed its £1.49 billion cash acquisition of Manchester-based Interactive Investor (ii), the UK’s second largest investment platform for private investors. Abrdn said…
Abrdn-owned investment platform Interactive Investor said it has hired Santander executive Saj Arshad as Chief Commercial Officer. “Saj brings a strong track record of driving business…
Abrdn’s investment platform Interactive Investor announced that the number of customers investing through its “regular investing” service rose by 19% in the first quarter of the…
Abrdn-owned investment platform Interactive Investor has agreed a TV and digital sponsorship deal with Sky Media in the UK. “The partnership will feature Interactive Investor around…
Edinburgh-based investment giant Abrdn announced on Tuesday afternoon that 80% of its shareholders approved the resolution put to its General Meeting to acquire Manchester-based investment…
Edinburgh-based investment giant Abrdn announced plans on Thursday to acquire Manchester-based investment platform Interactive Investor for £1.49 billion in cash. Interactive Investor is a subscription-based platform within…
Edinburgh-based investment giant Abrdn has confirmed it is in talks to buy Manchester-based online broker Interactive Investor, with analysts speculating the price could reach £1.5 billion….
Analysts at London stockbroker and corporate adviser Numis have urged Abrdn shareholders to “carefully consider how they vote” at the March 15 meeting to approve…
Edinburgh-based investment giant Abrdn said on Wednesday its assets under management and administration (AUMA) at December 31, 2021, increased to £542 billion, compared with £535…
Edinburgh investment giant Abrdn has announced it will sell 40 million of its 144 million shares in life and pensions consolidator Phoenix Group Holdings plc to institutional…
The CEOs of AJ Bell, Hargreaves Lansdown and Interactive Investor have joined forces to demand greater access for retail investors to Initial Public Offerings (IPOs)…
Scottish Mortgage Investment Trust once again retained its title as the most-popular investment trust among Interactive Investor customers in May, despite the fund’s high-flying share price…
Baillie Gifford’s Scottish Mortgage Investment Trust has lost its position as the largest UK investment trust by stock market value amid the brutal sell-off in…
Twitter, Inc. announced on Monday afternoon it has entered into a definitive agreement to be acquired by a private entity wholly owned by Elon Musk for $54.20…
Edinburgh-based investment giant Abrdn on Tuesday reported a 47% rise in 2021 adjusted operating profit to £323 million as its fee-based revenue rose 6% to…
The value of mergers, acquisitions and share deals involving Scottish registered corporates soared from £4.9 billion in 2020 to £16.4 billion in 2021, according to…
Edinburgh-based asset management giant Abrdn plc announced that it priced its Additional Tier 1 bond issue of £210 million at 5.25% — as bond market reports…
The Association of Investment Companies (AIC) has appointed Richard Stone as its chief executive from September 13, 2021. The AIC was founded in 1932 to represent the…
Retirement and investment firm Embark Group has agreed in principle to acquire the advised and partnership client books of Dundee-based Alliance Trust Savings (ATS) from…
Dundee-based investment firm Alliance Trust, which appointed external asset managers Willis Towers Watson (WTW) in April 2017, said on Friday it underperformed its benchmark in 2018….
Dundee-based investment firm Alliance Trust said on Monday it agreed the sale of its subsidiary company Alliance Trust Savings (ATS) to Interactive Investor (ii), the…
The UK’s central bank raised interest rates for a fifth straight meeting on Thursday and sent a strong message it is prepared to make larger…
Scottish Mortgage Investment Trust has admitted it made a “mistake” in reducing its holdings of western online platform companies rather than their Chinese counterparts as…
UK inflation surged in April to its highest annual rate since 1982, increasing the pressure on finance minister Rishi Sunak to help households facing a…
The UK central bank on Thursday raised interest rates to their highest since 2009 — hiking borrowing costs by a quarter-point to 1% to fight…
HSBC Holdings plc has seen its share price rise more than 4% in the past few days after its largest shareholder, Chinese insurance giant Ping An, urged…
Elon Musk has made a controversial “offer” to buy Twitter and take it private for $54.20 per share in cash in a proposed deal that would…
UK finance minister Rishi Sunak announced tax cuts for workers and a reduction in fuel duty on Wednesday in his half-yearly budget update. Sunak set out…
The UK central bank raised its key interest rate for the third successive policy meeting on Thursday amid soaring inflation which the bank warned may rise above…
Edinburgh asset management giant Abrdn has confirmed reports that it is exploring how it can enable individual and institutional investors to buy “tokens” in buildings,…
Baillie Gifford US Growth Trust plc said on Thursday its share price and net asset value returned 46.5% and 44.2% respectively for the financial year…