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By Elena Vardon Abrdn posted better-than-expected results for its main metrics despite market conditions leading to outflows in 2023, which it sees. ....
Fund manager Abrdn was leading the fallers on Tuesday after reporting its 2023 annual results, in which losses narrowed but revenues declined, as it warned of a hit to margins as clients shift to passive investing. ....
FTSE 250-listed asset manager abrdn has lost more than half the value of its stake in Virgin Money Investments, as the bank brings the joint venture into sole ownership. ....