Abrdn

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Lismore Real Estate Advisors has facilitated the £13.965 million sale of South Gyle Trade Park in Edinburgh on behalf of abrdn, with Rossco Properties (Edinburgh) Ltd emerging as the acquirer. Set on a site of 12.31 acres, within Edinburgh’s premier industrial location, the multi-let est

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Edinburgh-based investment giant abrdn has announced a cost cutting programme targeting an annualised cost reduction of at least £150m by the end of 2025. The firm has said it plans to cut 500 roles within its business. This move aims to restore the firm's core investments business to an accep

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Abrdn has announced that its Infrastructure team has expanded its portfolio by securing a 49% stake in the Finnish regional energy provider Etelä-Savon Energia Oy, based in Mikkeli, Eastern Finland.

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abrdn plc's U.S. subsidiary, abrdn Inc., has entered into an agreement with First Trust Advisors L.P. to acquire the assets of four closed-end funds listed below, adding AUM totalling approximately £0.6 billion. Subject to approval by the shareholders of the respective funds, the four closed-e

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abrdn Asia Focus plc, a company that holds a fundamental, high conviction portfolio of well-researched Asian small caps, has confirmed its annual results for the year ended 31 July 2023, revealing a 7.6% rise in Net Asset Value (total return). This is compared to the company’s benchmark return

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Abrdn has reached an agreement to divest its European private equity division in a deal valued at approximately £100 million. The acquiring party is Patria Investments, a firm with a presence on the Nasdaq stock exchange. The transaction involves private equity assets under management (AUM) to

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Edinburgh-based asset manager abrdn has reported a challenging first half of 2023, witnessing a withdrawal of £4.4 billion by clients, a significant 16% increase compared to the same period in the previous year. This reflects the heightened inflation and interest rate concerns which have shake

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Asset management firm abrdn has appointed Jason Windsor as its new chief financial officer and executive director. Scheduled to take up his new role by October 2023, Mr Windsor brings to abrdn almost three decades of experience within the financial services industry. He spent more than a decade with

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Asset management firm abrdn has appointed Anne Breen as head of real estate, as the company moves towards a simplified focus on growth by dividing its real assets division into real estate and infrastructure. Neil Slater, the global head of real assets for the past three years, is set to leave abrdn

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