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Abrdn plc (OTCMKTS:SLFPY – Get Free Report) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 200 shares, an increase of 100.0% from the October 31st total of 100 shares. Based on an average daily volume of 700 shares, the short-interest ratio is […]
William Hemmings, longstanding head of investment companies at abrdn, is set to retire from the role at the end of November.
Abrdn China Investment Company is set to merge with Fidelity China Special Situations, which has in excess of £1bn in assets.
Hargreaves Lansdown is set to fall out of the FTSE 100 after 12 years in the index, while Liontrust will likely drop out of the FTSE 250.
Abrdn’s board reportedly voted against a proposal from its chief executive Stephen Bird to sell the investment management business last year.