abrdn merges three multi-manager funds with MyFolio range
Abrdn is merging three multi-manager funds into the MyFolio range as it pushes on with its fund consolidation programme.
Source: investmentweek.co.uk
Stay updated with breaking news from Aymeric Forest. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Abrdn is merging three multi-manager funds into the MyFolio range as it pushes on with its fund consolidation programme.
Abrdn has offered 27 members of its multi-asset investing team voluntary redundancy as part of a “redesign” of its investment process.
Abrdn is cutting about a fifth of its multiasset staff following the departure of its CIO and a decision to restructure.
Abrdn’s Aymeric Foster has left the firm after four years as it conducts a strategic review into the £180bn unit he oversaw.