Andrew Fraser, head of research, financials and fixed income at abrdn, discusses how banks could direct their lending to reverse climate change. “They talk, but they don’t do,” this is how the Queen expressed her frustration with world leaders on the eve of COP26. The same accusati
UK Government ministers join finance leaders at St. Andrews day reception to celebrate Scottish sectors’ success
UK Government Minister for Scotland Lord Offord gave opening remarks at the Scottish Financial Enterprise Dover House reception as a new TheCityUK report shows the contribution of the Scottish sector to the UK Government’s ambitions of a ‘high-wage, high-skilled’ economy. The recep
The Aberdeen Japan Investment Trust PLC, a fund managed by abrdn, has posted Net Asset Value (NAV) total return of 10.1% in the six months to 30 September 2021 outperforming the Topix benchmark which returned 6.4% over the same time period. In the six month period, the trust's share price
The Aberdeen Latin American Income Fund Limited, a fund managed by abrdn, has posted a Net Asset Value (NAV) total return of 17.4% compared to -27.5% in 2020. For the year ended 31 August 2021, the fund revealed its ordinary share price total return came in at 20.9% compared to -24.4% in 2020.
abrdn, the fund management firm formerly known as Standard Life Aberdeen, has confirmed that it is in talks to acquire online investment service, Interactive Investor. A spokesperson from abrdn told Scottish Financial News that it is currently in discussions with J.C Flowers & Co, who is th
UK interest rates will remain at their historic low of 0.1% for at least another month, the Bank of England's monetary policy committee has decided. The committee voted by 7-2 to maintain the existing base rate, despite considerable speculation that it would back an increase. Two members backed an i
abrdn has announced the acquisition of investing insights platform Finimize. Finimize publishes a daily newsletter for retail investors with over one million subscribers and 40,000 premium subscribers, making investing accessible and digestible to clients.
A roadmap for pension providers to transition to net zero has been unveiled by the Scotland-based Global Ethical Finance Initiative (GEFI) ahead of the COP26 climate summit. The roadmap, which is suitable for private pension providers as well as local government pension schemes, provides practical s
The Airport Industrial Property Unit Trust (AIPUT), managed by abrdn, has completed the freehold acquisition of the multi-let Fleming Business Centre, located in the heart of Manor Royal, Crawley, to the south of Gatwick Airport.
The Dunedin Income Growth Investment Trust, a trust managed by abrdn, has seen its Net Asset Value total return rise by 11.1% in the six months to July 31 2021. The trust's share price total return per ordinary share over the same period also rose by 12.6%. This compares to the FTSE All-Share I
abrdn has announced the launch of a new investment strategy that is designed to address some of the key concerns of investors who want a greater focus on responsible and sustainable issues, including climate change, without sacrificing returns. The Responsible Global Asset Strategies (RGAS) Fund pre
The North American Income Trust Plc, a company managed by abrdn (formerly known as Standard Life Aberdeen), has posted Net Asset Value (NAV) total return of 19.8% for the six months to July 31 2021, compared to a NAV of 5.7% in the year ended 31 January 2021. This means that the company ou
abrdn, the fund management firm formerly known as Standard Life Aberdeen, is close to securing a new office space in London, complete with improved facilities and reduced floor space to align with its new brand and blended working strategy. The firm is in advanced negotiations to rent space on
abrdn has hailed a 'strong start to the year' as profits rise by 77% to £163 million. While the company also reported a drop in assets under management to £532 billion (FY 2020: £535bn), while its fee-based revenue was 7% higher during the six month period and adjus
The board of abrdn has announced that Hannah Grove will be appointed as a non-executive director on 1 September 2021 and that Melanie Gee, will stand down from the Board at the conclusion of her second three-year term of appointment on 31 October 2021. Hannah Grove brings more than 20 years of