Funds

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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

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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

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Fund manager Harry Nimmo has announced that he will retire from abrdn and the industry at the end of 2022, bringing to a close a 37 year career with the firm. Born in Edinburgh in 1957, Mr Nimmo joined the firm, previously Standard Life, in 1993 as an investment manager. At its launch in 1997, he wa

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abrdn Group's Murray International Trust Plc has released its interim results, reporting a net asset value total return of 3.8% for H1 2022.  The £1.77 billion fund focuses on long term growth in dividends and capital ahead of inflation by investing principally in global equities.

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Glasgow firm N4 Partners (N4) has announced the appointment of Gordon Merrylees, the former managing director of Entrepreneurship for NatWest, RBS and Ulster Bank, as the firm readies itself for the launch of a new investment fund targeting entrepreneurs and early-stage businesses based in the UK. I

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Fund manager abrdn has posted a £320 million pre-tax loss in its 2022 interim results, down from a £113m profit for the same period last year. The loss is attributed to global economic instability with fee based revenue falling 8% to £696m and adjusted operating profit 28% low

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abrdn has announced the conversion of three further equity funds to Article 8 under the Sustainable Finance Disclosure Regulation (SFDR). This includes its flagship Asia Pacific Equity Fund (to be renamed as Asia Pacific Sustainable Equity Fund), which has $2 billion (£1.67bn) AUM making it on

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