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The Latest Breaking News from Abrdn

What will the investment dinosaurs do?

City Voices: The UK’s investment dinosaurs have grown very fat over many years feasting on more victims

Evening Standard

More than one in five Britons have cut pension payments in living cost crisis

Hargreaves Lansdown study comes as fund manager Abrdn calls for doubling of minimum contributions

The Guardian - UK

Highlands stone bridge becomes symbol of Scottish land reform battle

Scheduled monument built in 1720s lies on estate bought up by investment company Abrdn for £7.5m in 2021

The Guardian - UK

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read the most diverse news in one place.

FTSE 100 Live: IHG, Abrdn, Glencore post results, China exports slump, shares lower

The struggling China economy and results from Glencore, Abrdn and hotels group IHG are in focus for London traders today.

Evening Standard

UK investors backtrack on support for climate resolution at oil firms’ AGMs

Asset management firms accused of sacrificing climate action by voting against shareholder resolution at Chevron and ExxonMobil

The Guardian - UK

M&G appoints ex-abrdn executive as new wealth chief

Scotland-based M&G Wealth managing director David Montgomery is leaving at the end of August

Insider UK

The reason why high street chain John Lewis is building hundreds of new homes

The chain, which also owns Waitrose, is looking to create 1,000 homes in London and the south east to address the housing crisis

Manchester Evening News

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John Lewis submits plans for London rental homes in west and south east London

It marks the next stage in the John Lewis Partnership’s plans to build around 1,000 ‘build-to-rent’ homes in West Ealing, Bromley, and Reading

Evening Standard

Abrdn to acquire US healthcare funds worth £2.6 billion

Latest deal significantly boosts Scottish group's closed-end fund assets, as well as expansion into the biotech sector

Insider UK

Boss of British Gas owner avoids revolt over £4.5m pay packet

Centrica chief Chris O’Shea’s remuneration backed by 93% of shareholders at AGM despite union outcry

The Guardian - UK

Abrdn creates tokenised version of flagship fund

Move further into the blockchain hailed as a 'significant milestone' in the firm's digital asset strategy

Insider UK

Interactive Investor creating jobs as it significantly increases headquarters

The company employs more than 400 people in Manchester

Birmingham Post

Abrdn appoints new head of property

After three years as global head of real assets, Neil Slater will be leaving the firm

Insider UK

Abrdn lowers asking price for Auto Trader headquarters by over £20m

The building was renamed after Tony Wilson who founded the Hacienda nightclub and co-founded Factory Records

Birmingham Post

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Insider UK

Abrdn cuts a fifth of multi-asset fund management staff

Recently-appointed team leader oversees process simplification process and restructuring

Insider UK

Liechtenstein fund group to acquire abrdn's discretionary business for £140 million

The move will see around 45 Scottish abrdn employees shifted later this year

Insider UK

Santander in talks to buy abrdn's private equity unit

Spanish banking giant is among several potential suitors, according to sources cited by Sky News

The National (Scotland)

Scots firm's huge investment in coal giant accused of fraud revealed

AN Edinburgh investment company which markets itself as sustainable and sponsors major cultural events in Scotland holds £50 million worth of bonds…

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news in one place.

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Evening Standard

Office days: The full list of average weekly working patterns at FTSE 100 companies

Here is the full list of respondents and their feedback to a Evening Standard survey looking at weekly working patterns, writes Joanna Hodgson

Bangkok Post

Abrdn rolls out new Asia equity fund

Aberdeen Asset Management (Abrdn) is launching a new Asia equity fund focusing on Chinese and Thai stocks as it believes China's reopening will drive Thailand's tourism industry to expand substantially this year.

Insider UK

Abrdn appoints chief investment officer

New hire moves from similar roles at major European asset managers

Evening Standard

Who are the big winners in FTSE 100’s £350 billion rebound as it closes in on record high?

Some well-known UK names are in the lead as hopes grow that the economy is proving more resilient than feared

Birmingham Post

Property investment firm Robert Hitchins acquires Bristol office building

The purchase is the sixth in the city for the Gloucestershire-headquartered developer

The Independent UK

How to protect your retirement savings as living costs rise

Worried about the cost-of-living crisis impacting your pension? These expert tips could help, says Vicky Shaw.

The Independent UK

How to protect your retirement savings as living costs rise

Worried about the cost-of-living crisis impacting your pension? These expert tips could help, says Vicky Shaw.

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