The decision to scrap the abrdn name is an admission of failure, but the board can focus on an improvement in performance, says TERRY MURDEN Abrdn is no more. Welcome to ‘aberdeen group’, the new name of the asset manager, its third in just over seven years. It may have lost a lot of value […]
Abrdn
Abrdn break up talk | Life in the luxury lane
AS I SEE IT: TERRY MURDEN says there is more speculation over asset manager Abrdn’s independence, while the luxury consumer market remains untouched by the cost of living crisis There is more talk about the attractions of breaking up Abrdn, the asset manager whose CEO regularly talks up its prospects for a bright new future […]
Abrdn’s slide will have predators circling
AS I SEE IT: TERRY MURDEN says Abrdn looks like losing its place in the FTSE 100, and risks losing even more – its independence Since he took over as CEO at what became Abrdn in late 2020 Stephen Bird has rarely succumbed to any negativity around is remodelling plans for the former Standard Life […]
Bird keen to reveal fruits of his Abrdn project
Abrdn’s chief executive is in bullish mood after reshaping an Edinburgh institution, writes TERRY MURDEN Stephen Bird has shown little hesitancy since he agreed to swap a career in banking for the task of remodelling one of Scotland’s financial power players. From the moment he succeeded Keith Skeoch at Standard Life Aberdeen in September 2020, […]
Cambo Shell shock | Abrdn picking winners
AS I SEE IT: TERRY MURDEN Big oil just made a big statement that has raised more questions than it has provided answers. Just a few weeks ago Shell CEO Ben van Beurden was declaring his commitment to the Cambo oil field off Shetland and warning that failure to proceed would leave Britain exposed to […]