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.
Abrdn Property Income chair blasts ‘misleading’ comments in bidding war March 21, 2024 Urban Logistics REIT has backed down from its bidding war over Abrdn Property Income trust after failing to make a formal offer for the real estate investment trust. Less than an hour before the 5pm deadline yesterday set out by the UK takeover code, the trust announced that it would not be proceeding with an [...]
Trusts slam £7bn cost of EU regulations the regulator could have already ditched March 17, 2024 A joint letter blasted the UK's "flawed" approach to representing investment trusts (Photo by Mike Kemp/In Pictures via Getty Images)
Abrdn: Investment trust cost disclosure reform ‘at risk of stalling’ March 13, 2024 Reforms around the cost disclosure of investment trust that the sector has been clamouring for are "at risk of stalling", Abrdn has warned.
Abrdn hands chief £800k bonus as profits dip and clients pull £13.9bn February 27, 2024 Fund manager Abrdn has handed chief executive Stephen Bird a near £800k bonus despite clients pulling out even more funds, leading to a dip in annual profits.
What is going on at Abrdn? A rundown of the company’s troubles February 14, 2024 Investment firm Abrdn has been the victim of multiple bad headlines over the last few months. When will it stop for CEO Stephen Bird?