Abrdn’s chief defends rebrand: ‘The name is the name’ Investing Abrdn’s new chief executive defended the company’s rebrand from Aberdeen Standard Life and insisted its name will not change today despite a barrage of criticism over the ‘disemvowelment’ of the asset manager. “The name is the name and we will be continuing with it,” said Jason Windsor this morning, when asked whether he would consider [...]
Abrdn: Scottish asset manager makes turnaround on flows Investing Abrdn has reported “significant progress” on managing to keep hold of investor cash, as the Scottish asset manager continues on its cost cutting plan. The firm received £2.3bn into its institutional and retail wealth arm over the last quarter, pushing up 2024 to a positive year for new cash, it revealed in a trading update [...]
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 October 24, 2024 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 September 10, 2024 Asset manager Abrdn has appointed finance chief Jason Windsor to be its new permanent chief executive, after Stephen Bird abruptly stepped down in May.