Investment trust industry urges Labour to win ‘early success’ on cost disclosure rules July 8, 2024 The investment trust sector has called for the incoming Labour government to scrap "misleading" cost disclosure rules on the sector that it says are hampering its performance.
Fintel pays Abrdn £14.6m for Threesixty amid acquisition spree July 3, 2024 SimplyBiz parent company Fintel has completed its purchase of Threesixty Services from asset manager Abrdn in the AIM-listed firm's latest acquisition.
Baillie Gifford was just the first: Climate protests are coming for asset managers June 29, 2024 The saga of Baillie Gifford has finally petered out, but the fight between City asset managers and climate protesters is only just beginning.
City row erupts against proxy advisers over executive pay June 10, 2024 Proxy voting advisers, which recommend how shareholders vote at company meetings, have often blocked votes to hike executive pay
Abrdn chairman adds to growing calls to axe the share tax June 9, 2024 The chairman of Abrdn has said that scrapping the tax on share purchases would lift the economy and boost investment in UK firms, adding to the growing calls to abolish the 0.5 per cent levy.
‘A tumultuous time’: The ups and downs of Bird’s time at the top of Abrdn May 24, 2024 While Abdrn chairman Douglas Flint praised the outgoing chief this morning for having spearheaded a fundamental reshaping of the company, analysts suggest his legacy is, at best, mixed.
‘He was a consonant force’: The five best psstk social media posts about Abrdn chief’s exit May 24, 2024 The City has given outgoing Abrdn chief Stephen Bird a vowel-stripped send off today after the fund chief announced he would be stepping down after four years at the top.
Abrdn launches succession plan as chief executive Stephen Bird steps down May 24, 2024 Asset manager Abrdn is on the hunt for a new leader after it announced today that Stephen Bird will be stepping down as chief executive.
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.