Abrdn faces FTSE 100 demotion; value falls to £3.2bn
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 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…
“Delusional” central banks have been blamed by Bruce Stout, manager of Abrdn’s £1.77 billion Murray International Trust, for stoking global inflation with a “toxic cocktail…
Edinburgh-based investment giant Abrdn confirmed it has concluded a deal to become the largest external shareholder in Archax, the UK’s first regulated digital securities exchange. Abrdn…
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…
Abrdn Core Infrastructure and Rock Rail said they have delivered their first European investment together following financial close of the financing of new electric trains…
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…
Edinburgh investment giant Abrdn has announced the launch of a China Next Generation Fund, a small and mid cap (SMID) companies fund “primarily investing in…
Edinburgh investment giant Abrdn announced a big shake up in its Real Assets business, with 12 people “voluntarily” leaving the business. In its Real Assets unit,…
Abrdn announced it has created a single, unified UK and European equity team, with Ben Ritchie, previously Head of European Equities, appointed to lead the…
The £300 million investment trust Abrdn China Investment Company has reported net asset value (NAV) total return of -21.5% for the six months to April 30,…
Shares of Edinburgh-based investment giant Abrdn rose as much as 8% on Wednesday after it announced it will commence a return of £300 million to shareholders…
The £1 billion Abrdn Private Equity Opportunities Trust plc (APEO) has reported NAV total return of 6.8% for the six months to March 31, 2022,…
Managers of Abrdn funds around the world have given their views on markets amid the volatility and index declines of 2022 as high inflation, rising interest…
Abrdn said its European Balanced Property Fund is making a number of acquisitions in the logistics, hotels and senior living sectors for a total of…
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…
Edinburgh investment giant Abrdn is “on the lookout for the right signs” to increase its exposure to bonds amid the soaring inflation that is “upending traditional…
Edinburgh-based investment giant Abrdn plc announced that all resolutions put to its Annual General Meeting on Wednesday were passed — but some of the votes…
An investment director at Edinburgh-based asset management giant Abrdn has warned that slowing growth and rising inflation will likely erode the profitability of companies going…
Abrdn CEO Stephen Bird has joined the Investment Association’s board of directors, replacing outgoing director Hanneke Smits, CEO of BNY Mellon Investment Management. The Investment…
Abrdn Research Institute’s deputy head Stephanie Kelly has left to join investment manager Redwheel in the newly created role of head of thematic sustainability research….
Abrdn has invested £75 million in a sustainable private placement on behalf of its strategic partner Phoenix Group in The London School of Economics and…
Abrdn European Logistics Income plc, a fund that invests in modern continental European warehouses, said on Friday that 2021 was a stand-out year for the…
Abrdn’s £580 million Asia Dragon Trust plc is continuing to bet big on “quality mainland companies” in China despite the current period of “extreme volatility” amid…
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 that it abstained as a shareholder on voting to approve Rio Tinto’s annual reports and accounts — citing the “nature,…
Abrdn and the University of Edinburgh have formed an industry-academic partnership to establish a Centre for Investing Innovation. The project will received funding of £7.5…
Edinburgh investment giant Abrdn said it raised £205 million at the launch of its UK-focused Commercial Real Estate Debt fund II (CRED II), with a…
Investment trust managers of Edinburgh-based investment giant Abrdn have unveiled their outlooks for global markets amid the Russia-Ukraine war, rising inflation, market volatility, the spike…
Edinburgh investment giant Abrdn said Richard Charnock, its CEO of Discretionary, has decided to retire and will be stepping down from his role in April….
Edinburgh investment giant Abrdn has announced that Mark Redman, its global head of private equity, has left the company “to pursue other opportunities.” Abrdn refuted speculation…
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 investment giant Abrdn said it has invested £31 million on behalf of its strategic partner Phoenix Group in the refinancing of CORE Portfolio Investments…
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…
XPS Pensions Group plc, the pensions actuarial, consulting and administration business, said it has entered a strategic alliance with Edinburgh-based investment giant Abrdn plc to…
Bosses at Edinburgh-based investment giant Abrdn — including the CEO, CFO and chairman — have bought a total of £300,000 worth of shares in the asset…
Abrdn plc announced board changes with its annual results on Tuesday as the Edinburgh investment giant revealed that Martin Pike and Jutta af Rosenborg, its…
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 Abrdn UK Smaller Companies Trust plc has reported that its net asset value total return was 12.4% for the six months to December 31, 2021,…
Managers of some of the most high profile investment trusts run by Edinburgh-based asset management giant Abrdn have published investment outlooks for their funds as…
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…
Abrdn’s core infrastructure investment team has announced the first closing of its third core/core+ infrastructure fund, Aberdeen Standard Core Infrastructure Fund III, with commitments totalling…
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 firm Abrdn announced that Sarah Deaves has joined its Personal Wealth business as head of financial planning from Schroders Personal Wealth. Deaves will…
Edinburgh investment giant Abrdn has invested in Dott, a European e-scooters and e-bikes company, which has announced a $70 million extension to its Series B…
Edinburgh investment giant Abrdn confirmed on Friday that it sold 39.98 million of its 144 million shares in life and pensions consolidator Phoenix Group Holdings…
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…
Standard Life Private Equity Trust plc — soon to be renamed Abrdn Private Equity Opportunities Trust plc — has reported a record annual share price…
Abrdn has announced the appointment of former Virgin Money and Barclays executive Paul Titterton as head of digital solutions for its personal wealth business. Titterton…
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,…
Edinburgh-based investment group Abrdn and its 60%-owned property and logistics investment fund Tritax announced they will provide up to £2 billion of private funding for…
The £800 million Abrdn UK Smaller Companies Growth Trust plc and Baillie Gifford’s £1 billion Scottish American Investment Company plc were among the best performing investment trusts of…
Edinburgh-based investment giant Abrdn said on Friday it will appoint former Financial Conduct Authority (FCA) boss Catherine Bradley as a non-executive director and a member of…
Abrdn’s Aberdeen Standard European Logistics Income plc (ASLI) announced the acquisition of a portfolio of newly constructed last-mile logistics warehouses “with excellent sustainability credentials” located at…
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…
Edinburgh-based investment giant Abrdn said on Monday it has joined the ESG advocacy network the Emerging Markets Investors Alliance (EMIA). Abrdn is the newest major asset…
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 asset management giant Abrdn has announced the launch of its Emerging Markets Sustainable Development Corporate Bond Fund, which “aims to address environmental and social…
The board of the £580 million Aberdeen Standard Asia Focus plc fund announced that it has conducted a “comprehensive review” of the company’s long-term strategy…
By Mark McSherry The Abrdn China Investment Company Limited said it has invested over £100 million in Chinese stocks since it completed a scheme of reconstruction…
Edinburgh asset management giant Abrdn has added its voice to a growing number of UK corporate bond managers with concerns about the current and unprecedented private equity…
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….
Edinburgh-based investment giant Abrdn has made three major appointments to its real assets team to support its ambitious growth agenda. Abrdn oversees £532 billion of assets including £50…
Edinburgh-based investment giant Abrdn has announced a target to reduce the carbon intensity of its assets by 50% by 2030 versus a 2019 baseline. Abrdn…
Edinburgh-based investment giant Abrdn said on Friday it has acquired the “investing insights” and personal finance news platform Finimize. Finimize CEO Max Rofagha will join…
By Mark McSherry Edinburgh-based asset management giant abrdn announced it has agreed as a member of a bondholder committee to a restructuring of $530 million…
Edinburgh-based investment giant abrdn said on Wednesday it sold another 5% of HDFC Asset Management Company Limited in India to raise £268 million. The money…
Martin Gilbert’s fast-growing investment firm AssetCo plc has announced that former Standard Life Aberdeen executive Campbell Fleming will join its board of directors and take…
Edinburgh investment management giant abrdn has the highest percentage of women as fund managers amongst major global asset management companies with 100 managers or more….