Abrdn shakes up top team in turnaround push Investing Abrdn’s new chief executive Jason Windsor has revamped his leadership team today as part of efforts to breathe life into the beleaguered asset manager after years of sluggish performance. In an statement today, the vowel-stripped FTSE 250 investment house revealed it had promoted its client head, Xavier Meyer, to chief of investments, and Richard Wilson, [...]
Abrdn shares plunge as growth at Interactive Investor fails to offset bad news Investing Abrdn’s share price fell by more than seven per cent upon market open this morning after the company published its third quarter numbers. Investors pulled billions from Abrdn’s funds in the last quarter, although inflows into its Interactive Investor do-it-yourself (DIY) investing platform helped offset some of the losses. Overall, the company’s assets under management [...]
Jason Windsor appointed as Abrdn’s permanent boss Investing Asset manager Abrdn has appointed finance chief Jason Windsor to be its new permanent chief executive, after Stephen Bird abruptly stepped down in May.