Abrdn to merge four funds
As part of plans to close or combine over 100 strategies to simplify offering
As part of plans to close or combine over 100 strategies to simplify offering
The struggling strategy is down nearly 40% over the last 12 months
Revenue was up 10% on H1 2022
‘A legend in the platform industry, a visionary in the truest sense of the word’
Deal adds £700m in assets under management
Quilter Cheviot to focus on quality opportunities in the current economic backdrop
Diversified Income and Growth Trust’s buyback policy ‘refined’
Liontrust has struggled since buying Majedie AM
Firm admits it is currently engaged in discussions with several M&A targets
Fewer AIM transactions also weighed on the firm’s half-year results
Group FUM has surpassed £13bn
Its 12th acquisition of 2022 adds £115m to AUM