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Abrdn records first-quarter net inflows and says cost cuts "on track" - Vimarsana News

Abrdn records first-quarter net inflows and says cost cuts "on track"

Abrdn PLC on Wednesday reported a rise in assets under management and administration in the first-quarter, as it reported net inflows of GBP800 million and continued organic growth at interactive...

Abrdn Plans to Cut 500 Jobs in Cost-Reduction Push -- Update - Vimarsana News

Abrdn Plans to Cut 500 Jobs in Cost-Reduction Push -- Update

By Michael Susin Abrdn said it plans to cut around 500 jobs in a push to reduce annual costs by at least 150 million pounds ($190.3 million) by the end of...

Abrdn sells European private equity business for up to GBP100 million - Vimarsana News

Abrdn sells European private equity business for up to GBP100 million

Abrdn PLC on Monday announced that it has agreed to sell its GBP7.5 billion European-headquartered private equity business to Nasdaq-listed Latin America-focused alternative investment firm Patria...

Videndum blames US writers' strike on profit fall; chair to leave - Vimarsana News

Videndum blames US writers' strike on profit fall; chair to leave

Videndum PLC on Tuesday reported a significantly lower interim profit, blaming the writers' strike in the US, as it announced that Chair Ian McHoul will not seek re-election at the company's annual...

Videndum Shares Dive After Dividend Pause, Profit Fall - Vimarsana News

Videndum Shares Dive After Dividend Pause, Profit Fall

By Najat Kantouar Shares of Videndum fell 29% in early trade after the company paused dividend payouts and reported fall in pretax profit for the first half...