Abrdn

abrdn has been awarded 21 ‘Green Stars’ for reaching significant environmental and social targets in the buildings it owns. The ‘Green Stars’ were achieved in the 2022 Global Real Estate Sustainability Benchmark (GRESB) real estate assessment. GRESB has become the largest glo

Dunedin Income Growth Investment Trust, a fund managed by abrdn, has posted strong half year results for the six months ended 31 July 2022. Against a difficult backdrop, the company, has delivered an almost flat absolute return for the six-month period. In addition, the portfolio continues to exhibi

abrdn's North American Income Trust has released its half year results showing that the company returned 5.5% on a net asset value total return basis in sterling terms for the six-month period ended 31 July 2022. This outperforms the 4.9% total return of its reference index, the Russell 1000 Value I

abrdn’s AIPUT fund (Airport Industrial Property Unit Trust) has announced a new £350 million senior secured sustainability-linked credit facility. Specialising in major transport and freight-related industrial real estate investing, AIPUT holds a portfolio of 23 properties located a

Fund manager Harry Nimmo has announced that he will retire from abrdn and the industry at the end of 2022, bringing to a close a 37 year career with the firm. Born in Edinburgh in 1957, Mr Nimmo joined the firm, previously Standard Life, in 1993 as an investment manager. At its launch in 1997, he wa

Expectations of abrdn PLC tumbling out of the FTSE 100 index were confirmed when last night the investment fund was relegated from the index.

abrdn has concluded a deal to become the largest external shareholder in Archax, a UK-regulated digital securities exchange.

abrdn Group's Murray International Trust Plc has released its interim results, reporting a net asset value total return of 3.8% for H1 2022.  The £1.77 billion fund focuses on long term growth in dividends and capital ahead of inflation by investing principally in global equities.

Fund manager abrdn has posted a £320 million pre-tax loss in its 2022 interim results, down from a £113m profit for the same period last year. The loss is attributed to global economic instability with fee based revenue falling 8% to £696m and adjusted operating profit 28% low

A report has revealed that the over-50s are being hit hardest by the current financial crisis and could face a lifetime of financial insecurity. According to the report, economic inactivity rates have risen a third amongst the over 50s since 2019, and people aged 50-54 face double the financial vuln

abrdn has announced the conversion of three further equity funds to Article 8 under the Sustainable Finance Disclosure Regulation (SFDR). This includes its flagship Asia Pacific Equity Fund (to be renamed as Asia Pacific Sustainable Equity Fund), which has $2 billion (£1.67bn) AUM making it on

abrdn has today announced the launch of a China Next Generation Fund, a small and mid cap (SMID) fund primarily investing in the bottom 30% of the Chinese equity market, both onshore and offshore. China is the world’s second largest equity market and with 88% of China’s companies fa

Latest report shows 4.4 million households are struggling financially, up from 2.8m in October 2021 - an increase of 1.6m households.

The abrdn New Dawn Investment Trust Plc has seen its net asset value (NAV) total return drop by 11.0%. The NAV drop is in line with the company’s benchmark MSCI All Countries Asia Pacific ex Japan Index (Sterling adjusted) total return of 9.2%.

abrdn has extended its existing £16.5 billion MyFolio franchise, launching the MyFolio Sustainable Index range. The range of five risk targeted multi-asset fund of funds has been designed to be closely aligned with the MyFolio Index range with sustainability considerations included.