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…

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”…