CEO Stephen Bird to leave Abrdn
Jason Windsor to step in as interim group CEO while the board conducts a search process to appoint a successor
Jason Windsor to step in as interim group CEO while the board conducts a search process to appoint a successor
Board will also consider proposals from new investment managers to take over the trust
There are 32 trusts investing in equities with yields above 4%
Demanding the asset manager end investment in fossil fuels
Firm as a whole recorded £800m net inflows in Q1
There are a number of reasons why the gap between India and other emerging markets could diminish
Havelock London leads for most-searched fund group and individual active fund
The Abrdn Asia Pacific Equity and Baillie Gifford Global Discovery funds had ratings stripped over performance concerns
Redwheel’s head of business development
Fidelity China Special Situations will buy £126.6m of Abrdn China’s assets
The divestment took a substantial portion of the fund’s assets, making it ‘no longer commercially viable’
The trust will repay £115m in the first half of the year, but the remaining £188.8m may not fully mature until 2029 at the earliest