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…

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…

Abrdn’s Interactive Investor (ii) — the UK’s second-largest platform for private investors — said it has unlocked retail investor access to the UK Treasury Bill Market…

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…

Latest data from Abrdn-owned Interactive Investor (ii), the UK’s second-largest investment platform for private investors, shows a significant jump in voting on AGM shareholder resolutions in…

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…

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 has confirmed it is in talks to buy Manchester-based online broker Interactive Investor, with analysts speculating the price could reach £1.5 billion….

HALO Invest, a new adviser and investor platform in the UK, has opened headquarters in Glasgow after securing an £800,000 funding grant from Scottish Enterprise. The…

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)…

Edinburgh-based investment giant Aberdeen said its assets under management and administration (AUMA) fell to £500.1 billion in the first quarter from £511.4 billion at the…

Shares of Edinburgh-based investment giant abrdn rose as much as 12% on Tuesday as it returned to profit and abandoned its ridiculed, vowel-light brand name…

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,…

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…

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…

A group of private equity investors agreed on Friday to buy Hargreaves Lansdown in a deal that values the Bristol-based investment platform at £5.4 billion….

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…

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…

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

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…

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

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…

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…

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, 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…

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….

Attempts by the UK central bank and Treasury on Monday to steady the pound failed to reassure markets — as sterling fell to record lows and…

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…

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…

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…

Edinburgh-based investment giant Abrdn announced it sold another 6% of HDFC Asset Management Company Limited (HDFC AMC) in India to raise £225 million. The Edinburgh firm…

Shares of Edinburgh-based investment giant Abrdn fell about 7% on Tuesday after it published first-half results showing its assets under management and administration (AUMA) fell £34…

Edinburgh-based investment giant Abrdn has announced a change in leadership of its “Personal Vector” business as Caroline Connellan steps down from her role at the end…

Edinburgh-based investment giant Abrdn is preparing to sell its private equity business as part of the current streamlining process taking place under CEO Stephen Bird, according…

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…

Mark McSherry Twitter, Inc. announced on Monday afternoon it has entered into a definitive agreement to be acquired by a private entity wholly owned by Elon…

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…

Shares of NatWest — the banking group formerly known as RBS — briefly touched their highest level in 14 years on Friday after the group…

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…

The new CEO of Glasgow-based STV Group plc has delivered his first trading update for investors, with the media firm saying that “performance remains in…

Shares of NatWest Group Plc — the bank formerly known as Royal Bank of Scotland — rose another 4% as it raised its outlook for…

Glasgow-based STV Group plc announced on Friday that Rufus Radcliffe will join the firm as chief executive officer on November 1, 2024 — and the…

Global stock markets fell sharply on Monday — with the Japanese index suffering its worst day in 37 years — as investors around the world…

Shares of NatWest Group plc rose on Friday after it raised its forecast for full-year income and announced the acquisition of £2.5 billion of prime…

Scottish law firm Burness Paull said it has reported strong results for its financial year ended March 31, a shortened eight-month reporting period following the firm’s…

Dundee-based design and technology services firm Waracle said it agreed a deal to acquire Screenmedia, the Glasgow-based design and software engineering agency, in a move…

Shares of NatWest Group plc — formerly called Royal Bank of Scotland — rose as much as 6% after the company published first-quarter results showing…

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…

E-learning firm ITZA has secured £2 million of R&D grant and equity funding from Scottish Enterprise, Alba Equity and private investors to grow a digital…

NatWest Group plc — formerly known as Royal Bank of Scotland — said its operating profit before tax rose 20% to £6.2 billion in 2023…

The UK’s gross domestic product (GDP) fell 0.3% in the fourth quarter, more than the 0.1% drop that economists had forecast, according to latest statistics from the…