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Showing 1 - 10 of 52 results for "Abrdn"

Former abrdn MD takes on chief executive role

ELIZA BAVIN  |  FRIDAY, 6 DEC 2024
... is currently a non-executive director of Fundbase Group, a partner at Mavin Advisory and the former managing director of abrdn (formerly Aberdeen Asset Management) Australia. Jollie spent 23 years at abrdn, mostly in senior wealth, funds and business ...

abrdn bleeds $6bn, share price plummets

JAMIE WILLIAMSON  |  FRIDAY, 25 OCT 2024
... fund manager's share price took a massive hit on the back of $6 billion (£3.1bn) in outflows in the third quarter. While abrdn's assets under management and administration (AUMA) grew 2% on the prior corresponding period, the outflows in its institutional ...

New global chiefs for abrdn, Schroders

KARREN VERGARA  |  WEDNESDAY, 11 SEP 2024
UK fund managers abrdn and Schroders named their new respective chief executives, both of whom were promoted to the top job. abrdn made Jason Windsor its permanent chief executive after he took the post in an acting capacity in June from Stephen Bird. ...

abrdn closes hedge fund

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
abrdn has terminated a hedge fund that achieved negative returns since inception and failed to gain investor interest. The abrdn Global Risk Mitigation Fund closed on August 30. abrdn said due to changing demand, "the fund size has become smaller over ...

QIC promotes key private equity staff

ELIZABETH FRY  |  MONDAY, 19 AUG 2024
... venture capital, buyouts and co-investments. Previously, he was an investment manager within the private markets team at Abrdn, the London-listed global investment company. There, he covered diligence for co-investment and secondary opportunities, focussing ...

First Sentier Investors names people, culture lead

JAMIE WILLIAMSON  |  TUESDAY, 25 JUN 2024
... King who previously held the role for three years. Swan, who is based in Edinburgh, has previously held similar roles with abrdn, HSBC and Tesco Bank. Prior to taking on this role, she was First Sentier Investors' global head of talent, leadership and ...

abrdn global chief executive steps down

KARREN VERGARA  |  MONDAY, 27 MAY 2024
The global chief executive of abrdn will step down at the end of June after four years in the top job. Stephen Bird and the board of abrdn "have together agreed that it is the right time for Stephen to hand over the reins to the team" effective June ...

FSC launches digital advice group

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... Andrew Baker. The Digital Advice Expert Group is the culmination of the fledgling association Haramis, Henderson and former abrdn head of retirement, and digital innovation Jason Nyilas formed last year but never officially launched until today. The ...

Perpetual adds director, institutional business

ELIZABETH FRY  |  MONDAY, 11 MAR 2024
... institutional clients across all asset classes," Lambos said. Before joining the HMC Capital, Hillyar worked in similar roles at abrdn and Federated Hermes. She was previously a director of institutional distribution and an investment specialist at MLC ...

500 jobs to be axed at abrdn

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
abrdn will cut 10% of its workforce as part of a cost cutting exercise following significant outflows in the second half of 2023. The fund manager is targeting a cost reduction of $290 million (£150m) by the end of 2025 to restore its investments division ...
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