Funds

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

Alliance Trust has published its 2022 Interim Report and announced its second interim dividend for 2022. Despite the share price contracting from 1032p as at 31 December 2021 to 904p as at 30 June 2021, the trust reports steady performance for these market conditions and has decided to increase

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