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The Latest Breaking News from Abrdn

FTSE 100 tumbles as Trump tariffs spark falls across global markets

The blue-chip index suffered its biggest falls since October 8 last year as markets across the world sank on the latest tariff news.

Evening Standard

Aberdeen Group scraps Abrdn rebrand to ‘remove distractions’

The 200-year-old fund management group is hoping to put the vowel-less rebrand, which prompted widespread ridicule, behind it.

Evening Standard

Vowel movement: Abrdn renames itself Aberdeen to remove ‘distractions’

UK fund manager reverses 2021 rebrand that was criticised by brand expert as ‘ill thought-out’

The Guardian - UK

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Huge Scottish investment firm changes name after heavily mocked rebrand

A HUGE Scottish firm has changed its name after a heavily criticised rebrand ...

The National (Scotland)

OPINION - Unshackle London and the capital will drag Britain out of stagflation

We may not be in recession...yet but the markets have made up their own minds about prospects for the UK

Evening Standard

Thames Water creditors try to rally more investors for £1.5bn rescue funding

The water company’s lenders, including investment giants BlackRock, Abrdn and M&G, want more firms to take part in their rescue funding deal.

The Independent UK

The stock market dipped after a historic Fed rate cut. Here’s what the experts think

“This is a Fed that believes they are behind the curve,” Robert Minter, director of ETF Investment Strategy at abrdn, told Fortune.

Fortune

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Solid-State EV Batteries Could Drive Silver Demand: How to Invest

The rise of solid-state batteries in the electric vehicle industry could significantly boost silver demand. Here's how investors can capitalize on this trend.

Barchart

Highland estate back on market after three years – with 60 per cent higher price tag

A CONTROVERSIAL Highlands estate has been put back on the market ...

The National (Scotland)

Cairngorms estate goes back on sale after criticism of ‘green laird’ owner

Campaigners say sudden sale suggests Abrdn’s use of Scottish countryside was ‘get-rich-quick scheme’

The Guardian - UK

Hedge funds paying for 'literally insane' short on U.K. stocks

Hedge funds have been caught off guard by sudden valuation jumps as companies eye cheap U.K. stocks.

Fortune

Abrdn boss leaves 'disemvowelled' fund giant

Abrdn boss Stephen Bird is leaving the CEO role with immediate effect, after a four-year run in charge in which shares tumbled, funds underperformed and the firm was ‘bullied’ for the ‘disemvowelled’ rebrand that Bird oversaw.

Evening Standard

What's in a name? Everything it seems - Abrdn shld knw

Recent experience suggests it is best to stick with your first hunch rather than going for a big rebrand

Evening Standard

No, Abrdn, you can’t bully a company

Brief letters: Silly company name | Gendered assumptions | Hard geezer’s drink | Spooning and forking

The Guardian - UK

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news in one place.

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The Guardian - UK

Mocking the Abrdn name is ‘corporate bullying’, says chief investment officer

Peter Branner accuses press of making ‘childish jokes’ about rebrand, which would not be acceptable if firm was a person

The Guardian - UK

NatWest criticised over £1.2m pay for boss with ‘limited experience’

Governance adviser says Paul Thwaite could have been offered lower starting salary than predecessor Alison Rose

Barchart

3 Top Physical Gold ETFs to Consider as Prices Hit New Record Highs

The yellow metal is soaring into uncharted territory, and these three ETFs tracking physical gold are the most straightforward way to gain exposure.

Evening Standard

The only person getting decent returns from abrdn is the boss

City Comment: Shareholders and customers certainly aren’t, but CEO Stephen Bird gets an £800,000 bonus

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Evening Standard

FTSE 100 Live 27 February: Index slightly higher, Shein mulls London IPO, Currys jumps on new bid report

Vodafone investors have been braced for a big cut in dividend income after the telecoms giant unveiled a new payout policy today.

Evening Standard

Abrdn still under pressure even as markets rally

Bird gets the nuts at abrdn

The Guardian - UK

Fund manager abrdn to pay bonuses despite slashing 500 jobs

The investment company is also outsourcing work, selling offices and renegotiating contracts while recognising ‘performing colleagues’

Evening Standard

Crackdown on brokers 'double dipping' customers' cash reserves wipes millions off the sector

Shares in big three brokers hit as pension funds and investment platform warned on fees and charges

Evening Standard

Investment platforms rake in £1.3bn a year from zero interest deals on cash deposits

"Scandal" says Alan Miller of SCM Direct

Evening Standard

The City fund ‘dinosaurs’ still gobbling up billions for poor performance

The gap between good funds that offer value and bad ones is set to widen

Evening Standard

What will the investment dinosaurs do?

City Voices: The UK’s investment dinosaurs have grown very fat over many years feasting on more victims

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