OTC Markets OTCPK - Delayed Quote • USD abrdn plc (SLFPY) Follow Compare 6.50 0.00 (0.00%) At close: January 13 at 3:00:00 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations How Abrdn lost its vowels – then lost its way When chief executives resign, they tend to be remembered for a tenure of either financial successes or mishaps. Trending tickers: Nvidia, Boeing, National Grid, Abrdn Nvidia, Boeing, Abrdn and National Grid are in the spotlight on Friday. Abrdn boss leaves 'disemvowelled' fund giant Abrdn boss Stephen Bird is leaving the CEO role with immediate effect, after a four-year run in charge in which shares tumbled, funds underperformed and the firm was ‘bullied’ for the ‘disemvowelled’ rebrand that Bird oversaw. Bird, who joined in 2020 from Citigroup, led Abrdn during a difficult period as much cheaper index funds have made Abrdn’s offering of active funds look much less attractive. The shares are down 50% since February 2021 and the majority of Abrdn’s assets underperformed their benchmarks over the past three years. Why your super-rich fund manager is facing oblivion “It’s been tough for the industry to remain relevant through all the change,” says Martin Gilbert, who founded Aberdeen Asset Management and guided it through several transformative mergers before stepping back in 2019 after nearly four decades. His firm has since had to struggle on without him – and its vowels after rebranding as Abrdn. Dropping vowels hasn’t done us any harm, insists Abrdn Abrdn has defended its decision to drop most of the vowels from its name following claims that the brand makeover has made it a victim of “corporate bullying”. Mocking our company name is childish, says Abrdn exctve Abrdn has been the victim of “corporate bullying” since changing its company name, an executive at the asset manager has claimed. Abrdn is victim of ‘corporate bullying’, says company executive Abrdn has been the victim of “corporate bullying” since changing its company name, an executive at the asset manager has claimed. Trending tickers: Google, Coinbase, Abrdn, Workday The latest investor updates on stocks that are trending on Tuesday. Abrdn clients pull £13.9bn amid job cuts at investment firm The fund manager and wealth specialist saw its pre-tax loss shrink to £6 million for last year, reducing from a £612 million loss. Abrdn still under pressure even as markets rally Bird gets the nuts at abrdn Virgin Money agrees to buy Abrdn’s stake in joint investment business for £20m The lender joined forces with investment giant Abrdn in 2019 to start Virgin Money Investments. Top fund manager to cut hundreds of jobs Hundreds of jobs are set to be axed at top fund manager Abrdn in the latest blow to the City. Performance Overview Trailing total returns as of 1/14/2025, which may include dividends or other distributions. Benchmark is FTSE 100 Return SLFPY FTSE 100 YTD -8.06% +0.99% 1-Year -18.37% +7.56% 3-Year -37.98% +8.43%