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Showing 1 - 10 of 45 results for "abrdn"

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 ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... maintain gains in the labour market, but the trade-off is longer time to achieve its mandated inflation goal." Elsewhere, abrdn head of multi-asset investment solutions APAC and strategy Irene Goh said inflation is "a little stickier than what we would ...

Alternative assets are the way forward: Forum

CASSANDRA BALDINI  |  THURSDAY, 26 OCT 2023
... effective strategy for balancing portfolio volatility and generating yield involves incorporating alternative investments, says abrdn investment director Raf Choudhury. Choudhury told the Financial Standard Best Practice Forum on Retirement Income in ...

abrdn's Brett Jollie lands new gig

ELIZABETH FRY  |  MONDAY, 23 OCT 2023
Former abrdn Australia chief executive Brett Jollie has landed a new role at a specialist investment and wealth management consultancy. Jollie has joined the leadership team at KONU, founded by former State Street operating chief Paul Toepfer and former ...

Gender parity in funds management stalls

ANDREW MCKEAN  |  WEDNESDAY, 20 SEP 2023
... year-over-year, from 12,659 to 13,110. Leading the charge in gender diversity among asset managers with over 100 employees are abrdn (21%), followed by HSBC Asset Management (19%), and Schroders (18%). However, even these firms are experiencing setbacks ...

Viridian launches new specialist division amid acquisition drive

ANDREW MCKEAN  |  TUESDAY, 12 SEP 2023
... enhance the capabilities of ICS, Con Koromalis stepped in as the new head of distribution last month. With a 15-year tenure at abrdn, he is spearheading the distribution strategy, bolstering its advice network and amplifying external market engagement. ...

LGT seals abrdn wealth business deal

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
Six months after the sale was announced, LGT has officially taken on abrdn's discretionary funds management business in the UK and Jersey in exchange for about $275 million. Under the deal, originally reached in February, LGT Wealth Management has absorbed ...

SG Hiscock partners with US fund manager

KARREN VERGARA  |  WEDNESDAY, 23 AUG 2023
... Investment Management (Australia) and LaSalle Investment Management Securities. SGH has also recently entered a partnership with abrdn in which the former is the wholesale distribution partner for international funds in the Australian market. In 2017 ...
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