PEOPLE MOVES: Abrdn, Premier Miton, Liontrust, Aviva Investors
Stephen Bird heads for the exit
Abrdn
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CEO Stephen Bird to leave Abrdn
Jason Windsor to step in as interim group CEO while the board conducts a search process for a successor
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Square Mile admits eight to Academy of Funds, drops two
Mercantile Investment Trust amid new class of funds to be awarded ratings
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Momentum Global IM launches passive MPS on three platforms
MPS rolled out on Abrdn, Aviva Investors and Quilter
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Does India deserve its premium to emerging markets?
There are a number of reasons why the gap between India and other emerging markets could diminish
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Square Mile: Income-related funds lose appeal
Havelock London leads for most-searched fund group and individual active fund
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RSMR cuts ratings for six funds in March review
The Abrdn Asia Pacific Equity and Baillie Gifford Global Discovery funds had ratings stripped over performance concerns
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Abrdn suffers 35% increase in outflows in full-year results
Adjusted operating profit in the investments arm of the business shrunk by 62% in 2023
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Value funds overtake growth in FE fundinfo Crown rebalance
Value funds are within the top 10% of all IA portfolios on alpha, volatility and performance, overtaking the previous growth winners
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Abrdn confirms 500 redundancies in cost-cutting ‘transformation plan’ amid £12.4bn outflows
£150m of costs will be cut across the business over two years
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Evelyn Partners hires LGT Wealth Management’s Lauren Glaister
Glaister to join as partner for Leeds office investment management team
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Advice proposals are ‘progressive change’ – Industry reacts to FCA announcement
Which seeks to help more people make informed investment and pension decisions