LGIM, Aberdeen levy exit penalties on UK property funds
Aberdeen Asset Management and LGIM have announced a 17% and 15% value cut on their respective commercial property funds, following suspensions on trading by the UK’s largest property funds.
Abrdn
-
-
Consolidation set to move up asset management agenda
Further asset management consolidation is on the horizon but the line between predator and prey is increasingly blurred Numis said in a note on Friday.
-
Aberdeen chairman to depart as outflows continue
Aberdeen Asset Management’s Roger Cornick is to retire as chairman and non-executive director at the end of this financial year, 30 September 2016.
-
Aberdeen shares drop on larger-than-expected outflows
Shares in Aberdeen Asset Management were as much as 4.6% lower in morning trade as the firm released full year numbers slightly below analysts’ expectations.
-
Aberdeen to announce job cuts
Aberdeen Asset Management will announce job cuts at the end of the month, but these will not include front-end investment staff, according to weekend newspaper reports.
-
Aberdeen dismisses sale rumours out of hand
Aberdeen Asset Management has firmly denied rumours it is looking for a sale.
-
Aberdeen prepares for China move, say reports
Aberdeen Asset Management looks set to become the first British fund manager to be licensed to operate in China, as a deal with Beijing authorities is expected to complete this week.
-
ANALYSIS: Nothing to fear from the ‘rise of robo-advice’
Journalists love conflict. It sells newspapers. It gets people tuning in to radio and TV. Which is why we are so quick to frame something as a battle between two diametrically opposed sides.
-
Aberdeen to buy hedge fund Arden
Aberdeen Asset Management has entered into an agreement to acquire hedge fund Arden Asset Management
-
Aberdeen launches multi-asset income fund
Aberdeen Asset Management has launched a new multi-asset fund with the aim of achieving a high yield over the medium term in a low-rate environment.
-
Aberdeen AM hires former MP to new pensions role
Aberdeen Asset Management has hired the former UK shadow pensions minister Gregg McClymont to fill a new role as head of retirement savings.
-
Aberdeen bolts on second alternatives business in two months
Aberdeen Asset Management has agreed to acquire private equity and real assets manager FLAG Capital Management as part of an ongoing bid to scale up its presence in the alternatives space.