Page 7 - Abrdn News Today

This article was first published as part of the Friday Briefing series, which is available exclusively to IW members each week.

The manager of the abrdn Asia Focus trust, Hugh Young, is set to retire at the end of this year, as the trust’s discount has continued to widen.

Asset managers with open-ended property funds have given no indication they plan to close these products following the suspension of M&G's fund.

Abrdn plc (OTCMKTS:SLFPY – Get Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.78 and traded as low as $7.83. abrdn shares last traded at $7.83, with a volume of 204 shares. abrdn Trading Down 6.3 % The business’s fifty […]

Abrdn has agreed to sell its European-headquartered private equity business, which holds £7.5bn in assets, to Patria Investments in a £100m deal.

By Elena Vardon Abrdn has agreed to sell its private-equity business headquartered in Europe to Patria Investments for up to 100 million pounds ($121...

Abrdn said on Monday that it has agreed to sell its European-headquartered private equity business to Nasdaq-listed Patria Investments for up to £100m.

Abrdn has agreed to sell its European-headquartered private equity business to Patria Investments for £60m in cash.

Shares of abrdn plc (OTCMKTS:SLFPF – Get Free Report) have been given an average rating of “Strong Sell” by the seven research firms that are currently covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a sell recommendation and two have assigned a hold recommendation to the company. The average twelve-month […]

Abrdn’s US subsidiary has completed the sale of its US private equity and venture capital capabilities to HighVista Strategies.