Abrdn AGM disrupted by climate change protesters
Demanding the asset manager end investment in fossil fuels
Demanding the asset manager end investment in fossil fuels
Firm as a whole recorded £800m net inflows in Q1
Adjusted operating profit in the investments arm of the business shrunk by 62% in 2023
£150m of costs will be cut across the business over two years
Funds will add £600m to Abrdn’s AUM
Investment arm profits have fallen by 66% year-on-year
Deal reported to be priced at around £250m