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
Interactive Investor
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UK CPI inches towards BOE goal with 2.3% increase to April
April inflation hits 2.3%, down from March’s 3.2% year-on-year increase
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Abrdn’s Bird: ‘More work to be done’ to improve investments division despite Q1 inflows
Firm as a whole recorded £800m net inflows in Q1
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#InspireInclusion: How can asset managers maintain momentum?
Asset managers have come a long way in improving diversity but what are the next steps to keep the wheels in motion?
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Interactive Investor: The myth of the ‘typical’ female retail investor
To mark International Women’s Day, Interactive Investor’s Camilla Esmund explores whether the assumptions made about female investors are helpful or a hinderance
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Interactive Investor: Growth funds favoured in February led by Jupiter India
Scottish Mortgage, JP Morgan Global Growth, Greencoat UK Wind top investment trusts
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Abrdn suffers 35% increase in outflows in full-year results
Adjusted operating profit in the investments arm of the business shrunk by 62% in 2023
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AIC: Institutional investors own half of all trust shares
Institutions hold £89bn in investment company shares
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Could Meta dividend promise lead to the ‘Pringles conundrum’?
Dividend payouts are difficult to put an end to once they have started, market commentators warn
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Interactive Investor: AI hype carries into 2024 as tech dominates platform sales
L&G Global Tech Index was the most-bought fund in January
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Interactive Investor to increase interest rates on cash balances
For £10,000 investments, interest will rise from 1.75% to 2% gross
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Cash is no longer king: Investors drop cash allocations in 2023
Investors dropped cash allocations from 11% to 8.9% last year as confidence in equity markets improves, says Interactive Investor