Dusseldorf - Delayed Quote EUR

abrdn PLC (T3V2.DU)

1.7400

+0.0800

+(4.82%)

As of 12:32:04 PM GMT+1. Market Open.

Abrdn Shares Rally After £1.2 Billion Inflows, Cost Cuts

(Bloomberg) -- Shares of Abrdn Plc jumped the most in almost five years after reporting £1.2 billion ($1.5 billion) in total net inflows last quarter in a rare respite for the struggling asset manager.Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpTexas HOA Charged With Discrimination for Banning Section 8 RentersWhat LA’s Fires Mean for the City’s Housing ShortageDeadly Landslide of Garbage Displays Uganda's Missed OpportunityNYC Commuters Get New Way

Bloomberg 5 hours ago

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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.

The Telegraph 7 months ago

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Trending tickers: Nvidia, Boeing, National Grid, Abrdn

Nvidia, Boeing, Abrdn and National Grid are in the spotlight on Friday.

Yahoo Finance UK 7 months ago

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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.

Evening Standard 7 months ago

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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.

The Telegraph 8 months ago

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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”.

The Telegraph 8 months ago

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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.

The Telegraph 9 months ago

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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.

The Telegraph 9 months ago

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Trending tickers: Google, Coinbase, Abrdn, Workday

The latest investor updates on stocks that are trending on Tuesday.

Yahoo Finance UK 10 months ago

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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.

PA Media: Money 10 months ago

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Abrdn still under pressure even as markets rally

Bird gets the nuts at abrdn

Evening Standard 10 months ago

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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.

PA Media: Money 11 months ago

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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.

The Telegraph 11 months ago

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Performance Overview

Return	T3V2.DU	FTSE 100
YTD	+2.96%	+4.97%
1-Year	-9.06%	+14.24%
3-Year	-25.37%	+12.38%

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abrdn PLC (T3V2.DU)

Abrdn Shares Rally After £1.2 Billion Inflows, Cost Cuts

How Abrdn lost its vowels – then lost its way

Trending tickers: Nvidia, Boeing, National Grid, Abrdn

Abrdn boss leaves 'disemvowelled' fund giant

Why your super-rich fund manager is facing oblivion

Dropping vowels hasn’t done us any harm, insists Abrdn

Abrdn is victim of ‘corporate bullying’, says company executive

Mocking our company name is childish, says Abrdn exctve

Trending tickers: Google, Coinbase, Abrdn, Workday

Abrdn clients pull £13.9bn amid job cuts at investment firm

Abrdn still under pressure even as markets rally

Virgin Money agrees to buy Abrdn’s stake in joint investment business for £20m

Top fund manager to cut hundreds of jobs

Performance Overview