Abrdn

Glasgow City Council's wholly owned subsidiary City Property Glasgow has secured a £210 million investment, from Phoenix Group and abrdn, to support the council’s recently settled equal pay liability.

In a move that will save millions per year, asset manager abrdn has decided to leave its head office in Edinburgh's St Andrew Square due to the increase of hybrid working at the firm.

An agreement has been reached by LGT, the international private banking and asset management group owned by the Princely Family of Liechtenstein, to acquire abrdn's discretionary fund management business in the UK and Jersey for £140 million. The transaction involves approximately £6.1 b

Spanish bank Santander, along with other interested parties, is considering to acquire abrdn's private equity unit, it has been claimed. It is unknown how many interested parties there are, however, sources have said deal is expected to be made in the next several months between abrdn and a buy

New analysis has shown Scottish households have lower levels of financial wellbeing than those in the rest of the UK as one-in-five households (21%) in Scotland are currently living in serious financial difficulty.

Abrdn has appointed Peter Branner as chief investment officer (CIO), effective 1 May 2023, reporting to Chris Demetriou and Rene Buehlmann, CEOs of investments. Mr Branner joins from APG Asset Management, one of the largest global pension investors based in Europe, where, as CIO, he has been respons

Edinburgh-headquartered investment firm abrdn is searching for a new CFO after it revealed that incumbent Stephanie Bruce will leave the company. Ms Bruce has been CFO at abrdn since June 2019. She joined from big four accountancy firm PwC, where she was a partner.

The board of Aberdeen New India Investment Trust PLC has announced the company’s net asset value (NAV) increased by 5.9%, in its unaudited results for the six months to 30 September 2022. In what was a turbulent six months the trust's NAV increase was lower than its benchmark, the MSCI India I

Abrdn and the John Lewis Partnership have announced an agreement to bring forward 1,000 new homes in three build-to-rent schemes in London and the South East with a gross development value of circa £500 million. The joint venture brings together a strong complementary set of capabilities: the

The return of Scottish fund manager abrdn and engineering firm Weir Group to the FTSE 100 has been confirmed by the index's management group.

Weir Group and abrdn are set to rejoin the FTSE 100 this week after their share prices have recovered since their respective relegations from the index. Abrdn dropped out of the FTSE 100 earlier this year after its share price fell to under 150p, but it has since recovered and is now trading at

abrdn has been awarded 21 ‘Green Stars’ for reaching significant environmental and social targets in the buildings it owns. The ‘Green Stars’ were achieved in the 2022 Global Real Estate Sustainability Benchmark (GRESB) real estate assessment. GRESB has become the largest glo

Dunedin Income Growth Investment Trust, a fund managed by abrdn, has posted strong half year results for the six months ended 31 July 2022. Against a difficult backdrop, the company, has delivered an almost flat absolute return for the six-month period. In addition, the portfolio continues to exhibi

abrdn's North American Income Trust has released its half year results showing that the company returned 5.5% on a net asset value total return basis in sterling terms for the six-month period ended 31 July 2022. This outperforms the 4.9% total return of its reference index, the Russell 1000 Value I

abrdn’s AIPUT fund (Airport Industrial Property Unit Trust) has announced a new £350 million senior secured sustainability-linked credit facility. Specialising in major transport and freight-related industrial real estate investing, AIPUT holds a portfolio of 23 properties located a