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Abrdn to sell £6bn DFM business to LGT Wealth

Abrdn has agreed to sell its discretionary fund management arm Abrdn Capital to LGT Wealth Management. The sale is expected to complete in the second half of 2023, subject to regulatory approval.   ....

United Kingdom , Noel Butwell , Stephen Bird , Richard Wilson , Abrdn Capital , Standard Life Wealth , Princely Family , Interactive Investor ,