abrdn has reported a 6% rise in profits before tax with figures reaching £1.15 billion in 2021. Adjusted operating profits rose to £323m, an increase of 47% from the £219m reported in 2020. Total assets under management and administration also increased by 1% to £542bn.
Almost half (48%) of retired Scots admit they are worried about potentially running out of money in retirement, according to new research published by abrdn.
Murray Income Trust PLC, a fund managed by abrdn, has seen its Net Asset Value (NAV) return increase by 7.2% in the half year ending 31 December 2021. This compares to the benchmark FTSE All-Share Index of 6.5%.
The abrdn UK Smaller Companies Growth Trust plc has announced its half-year results to 31 December 2021, revealing a Net Asset Value of 12.4%. The trust's share price also stood at 10.1%, while its reference index came in at 3.1%.
The Bank of England’s Monetary Policy Committee (MPC) has voted to increased interest rates by 0.25% to 0.5%. The committee voted by a majority of 5-4 at a meeting yesterday.
Tom Dorner and Stuart Brown, managers of the ASI Europe ex UK Income Equity fund, which is run by abrdn, discuss how European equity income can offer help in an uncertain global market. 2021 was great for equity investors. The strong economic recovery from Covid-19 supported significant positive ear
Standard Life Private Equity Trust, a fund managed by abrdn, has posted a Net Value Asset (NAV) total return of 37.9% for the eyar ended 30 Deptember 2021, compared to 11.7% in 2020. This figure compares to 27.9% for the FTSE All-Share Index.
Leaders from some of the country's most exciting businesses will travel to the USA this year for the first in-person trade missions from Scotland since the Covid-19 pandemic began. Around 25 SMEs from across the country are expected to join International Trade Partnership (ITP) missions to Miami and
Investment in Scottish commercial property fared surprisingly well throughout 2021 despite volatile market conditions, according to the latest figures published by Lismore Real Estate Advisors. According to the figures, investment volumes reached circa £1.345 billion, a 24% increase on the tot
Richard Dunbar, head of multi-asset research at abrdn, discusses the outlook for 2022. Ongoing inflationary shocks, questions around interest rates and the emergence of the new Omicron Covid variant are all making navigating uncertainty more challenging. Nonetheless, when we look beyond the headline
The Aberdeen New Dawn Investment Trust plc, a company managed by abrdn, has seen its Net Asset Value (NAV) total return drop by 0.7% in the six months ended 31 October 2021. This is compared to a rise of 43.4% in the year ended 30 April 2021.
The Aberdeen Standard Equity Income Trust PLC, a company managed by abrdn, has seen its Net Asset Value total return rise by 39.8% in the year ended 30 September 2021. By contrast, the reference index for the company, the FTSE All-Share Index, delivered a total return of 27.9% placing the compa
Aberdeen Diversified Income and Growth Plc, a fund managed by abrdn, has seen its Net Asset Value (NAV) total return rise by 12.5% in the year ended 30 September 2021. This is compared to -0.8% in 2020.
abrdn has announced plans to acquire 100% of the subscription-based investment platform Interactive Investor for £1.49 billion. abrdn said that the two firms have a "shared vision" of the growth and development of the wealth market and a "commitment" to being the customer champion.
abrdn has announced the launch of its Emerging Markets Sustainable Development Corporate Bond Fund, which aims to address environmental and social issues without sacrificing returns. An Article 9 product, the Fund is among the first in the Emerging Market Debt marketplace to have a sustainable inves