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Abrdn buoyed by platform businesses as investment arm continues to struggle

Abrdn made a pre-tax loss of £6m in 2023, as falling revenue in its investment arm continued to bite. In its full report for the year, the group reported an overall 4% drop in net revenues from £1,456m in 2022 to £1,398m in 2023. ....

United Kingdom , Xavier Meyer , Peter Branner , Stephen Bird , Interactive Investor ,

abrdn head of trusts William Hemmings retires

William Hemmings, longstanding head of investment companies at abrdn, is set to retire from the role at the end of November. ....

United Kingdom , Fergus Mccarthy , Xavier Meyer , Christian Pittard , Ben Heatley , Investment Week , Nimrod Capital , Christian Pittard , Ben Heatley , William Hemmings , Investment Trusts , Eople Moves ,

abrdn investment co-CEO departs following restructuring

Chris Demetriou, co-CEO of abrdn’s investments business, has resigned following a two-year overhaul of the department. ....

United Kingdom , Asia Pacific , Peter Branner , Chris Demetriou , Rene Buehlmann , Peter Branner , Xavier Meyer ,

Weekly roundup of people news, May 12 | Moves

China's new regulatory body gets chief; China Life Pension names new chairman; India's quasi SWF gets new CEO; Australian Super appoints Europe investments head; JPMAM's Greater China head relocates; and more. ....

South Korea , Hong Kong , Tabung Haji , United States , City Of , United Kingdom , Abuz Aby , United Arab Emirates , Gary Dugan , Guo Shuqing , Wang Junhui , Li Yunze , Amrin Awaluddin , Rajiv Dhar , Jakob Nilsson , Dixon Wong , Patrick Khong , Jim Roland , Xavier Meyer , Peter Branner , Syed Hamadah Othman , Asia Pacific , Andy Shum , Thinkbox Asia , Paul Uhlman , David Gibson Moore ,