Stephen Bird

abrdn takes 60% haircut on Virgin Money stake as bank assumes full ownership of investment venture

Companies

abrdn takes 60% haircut on Virgin Money stake as bank assumes full ownership of investment venture

Investment management agreement renewed

clock 14 February 2024 • 2 min read
Experts divided on abrdn takeover risk as Bird doubles down on cost-cutting

Fund management

Experts divided on abrdn takeover risk as Bird doubles down on cost-cutting

AUM size may prevent bids

clock 24 January 2024 • 4 min read
abrdn launches 'transformative' £150m cost cutting programme with 2025 deadline

Companies

abrdn launches 'transformative' £150m cost cutting programme with 2025 deadline

AUM down in H2 2023

clock 24 January 2024 • 2 min read
Fund managers ringfenced from upcoming abrdn job cuts

Companies

Fund managers ringfenced from upcoming abrdn job cuts

Roughly 500 job losses

clock 23 January 2024 • 1 min read
abrdn CEO blocked from selling investment management business by board

Fund management

abrdn CEO blocked from selling investment management business by board

Following ii merger

clock 20 November 2023 • 1 min read
abrdn completes acquisition of US specialist healthcare closed-end funds

Investment Trusts

abrdn completes acquisition of US specialist healthcare closed-end funds

Telka Capital Management

clock 30 October 2023 • 1 min read
abrdn to acquire £600m closed-end fund assets from First Trust Advisors

Companies

abrdn to acquire £600m closed-end fund assets from First Trust Advisors

To be merged into existing funds

clock 24 October 2023 • 1 min read
abrdn to sell European private equity business for £100m

Companies

abrdn to sell European private equity business for £100m

Follows sale of US private equity arm

clock 16 October 2023 • 1 min read
abrdn completes sale of $4bn US private equity and venture capital business to alternatives boutique

Alternatives

abrdn completes sale of $4bn US private equity and venture capital business to alternatives boutique

Sold to HighVista Strategies

clock 03 October 2023 • 1 min read
Profits dive 66% at abrdn investment arm as funds struggle to outperform

Companies

Profits dive 66% at abrdn investment arm as funds struggle to outperform

ii adds £67m profit

clock 08 August 2023 • 2 min read
Most read
01

abrdn shakes up multi-asset and alternatives team as global head Russell Barlow departs

26 November 2024 • 2 min read
02

SEC charges former Western Asset Management co-CIO Ken Leech with fraud

26 November 2024 • 2 min read
03

FCA delivers plans to regulate cryptocurrency

26 November 2024 • 4 min read
04

Columbia Threadneedle adopts SDR 'Sustainability Focus' labels on nine funds

26 November 2024 • 1 min read
05

AJ Bell CEO Michael Summersgill cautions chancellor over proposed pension IHT changes

25 November 2024 • 3 min read
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