Not another one? Abrdn property trust moves to shutter May 20, 2024 Another Abrdn trust has moved to shutter after struggling to drum up enough interest from investors, as the number of trusts continues to decline rapidly. The £234m Abrdn European Logistics Income trust, which focuses on the European property market, reached the conclusion of its strategic review that in began in December, with its board recommending [...]
Investment trust body calls for Treasury to fix unnecessary rules costing billions May 8, 2024 The rules around investment trust disclosures are costing the economy billions in lost investment.
Small trust worth £30m moves in for £600m Abrdn Asia Dragon May 7, 2024 In a stock exchange announcement, Ashoka's trust said it had put forward a proposal to merge the two trusts, with the option of a cash exit of up to 50 per cent for Asia Dragon shareholders.
Moneysupermarket: Owner of Martin Lewis’ MoneySavingExpert takes inspiration from Abrdn as new name revealed May 2, 2024 Moneysupermarket.com, the owner of MoneySavingExpert and Quidco, has taken inspiration from Abrdn as it revealed its new name.
Ocado enters most shorted UK companies list as Abrdn jumps to fourth. These two kept their top spots April 25, 2024 Ocado has entered the top 10 list of most shorted stocks this month, coming third, while Abrdn saw two new firms take positions out against it.
Abrdn records rebound in flows as boss says cost-cutting is ‘on track’ April 24, 2024 Money manager Abrdn said its cost-cutting programme was “on track” today as its total funds under management ticked up in the first three months of the year ann the flow of cash into the firm rebounded.
Urban Logistics REIT boosts rental income after failed Abrdn trust bid April 17, 2024 Real estate investment trust Urban Logistics has seen rents jump significantly across its properties, as the warehouse owner recovers from its failed M&A bid earlier this year.
Abrdn and two more City giants shun Sizewell C nuclear project April 15, 2024 The government is currently the majority shareholder and is currently investing a total of £2.5bn in financial support for the project.
Abrdn boss cries ‘corporate bullying’ over name mocking April 8, 2024 Abrdn's chief investment officer has complained that the company is facing "corporate bullying" by the media due to its name.
Abrdn shareholders should oppose finance chief’s £675k salary says proxy advisor as boss handed £800k bonus April 4, 2024 An influential proxy advisor has urged Abrdn shareholders to vote against the asset manager’s pay report due to its new chief financial officer’s £675,000 salary, despite his pay matching the job he was poached from.