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Abrdn (ABDN) Share News

TOP NEWS: abrdn says 2023 outlook "subdued" over market conditions

6th Jul 2023 08:25

(Alliance News) - abrdn PLC on Thursday outlined its ambition to "build a leading position in the UK's personal wealth market", alongside some financial targets. Read More

LONDON BRIEFING: FTSE 100 to fall as more US rate hikes expected

6th Jul 2023 07:43

(Alliance News) - Stocks are called lower in London on Thursday, after hawkish minutes from the US Federal Reserve once again gave rise to interest rate fears. Read More

IN BRIEF: Ceiba completes process to internalise investment management

4th Jul 2023 16:42

Ceiba Investments Ltd - Investment firm dedicated to investing in Cuba, with interests in the commercial and tourism real estate sectors - Says process to internalise investment management arrangements completed on Friday last week, further to announcement in late April. From Saturday, the company was no longer managed by abrdn Fund Managers Ltd as the company's alternative investment fund manager and will now operate as a self-managed alternative investment fund. Read More

Augmentum Fintech net asset value rises investments perform well

4th Jul 2023 12:18

(Alliance News) - Augmentum Fintech PLC on Tuesday said net asset value grew during its recently-ended financial year, despite a challenging macroeconomic and fundraising environment. Read More

LONDON MARKET CLOSE: Stocks lower with eyes on UK inflation numbers

20th Jun 2023 16:55

(Alliance News) - Stocks in London closed in the red on Tuesday, with market nerves frayed ahead of the release of key UK inflation data on Wednesday morning. Read More

TOP NEWS: abrdn exits HDFC with GBP337 million stake sale

20th Jun 2023 08:26

(Alliance News) - abrdn PLC on Tuesday announced that it no longer has a stake in HDFC Asset Management Co Ltd. Read More

LONDON BRIEFING: abrdn sells HDFC stake; Lookers agrees to buyout

20th Jun 2023 07:56

(Alliance News) - Stocks in London were expected to fall further on Tuesday's open, with investors awaiting UK inflation data and a Bank of England rate announcement later this week. Read More

IN BRIEF: Oberon Investments secures FCA approval, owns 63% of Logic

9th Jun 2023 10:21

Oberon Investments Group PLC - investment management, wealth planning and corporate broking group - Receives UK Financial Conduct Authority approval for change of control in Logic Investments Ltd, and thus completes the acquisition of its majority stake in Logic. Logic has also raised GBP500,000 funding from the family office of John Gunn, an early-stage investor in many successful ventures, including interactive investor, recently sold to abrdn PLC for GBP1.5 billion. As a result, Oberon owns 63% of Logic, and it becomes part of the Oberon Group. Read More

LONDON BROKER RATINGS: Goldman cuts Croda to neutral; Davy likes Wise

7th Jun 2023 09:42

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More

LONDON MARKET CLOSE: Stocks higher as interest rate decisions loom

6th Jun 2023 17:05

(Alliance News) - Stocks in London were largely higher at the close on Tuesday, shrugging off a poor performance for oil majors in the FTSE 100 and lacklustre data for the UK's retail sector. Read More

LONDON MARKET MIDDAY: FTSE 100 underwhelms as BP and Shell fall

6th Jun 2023 12:17

(Alliance News) - Stock prices in London were lower at midday on Tuesday, with the FTSE 100 hurt by share price falls for oil majors, while a less than stellar reading of the UK retail sector kept a lid on sentiment. Read More

LONDON MARKET CLOSE: FTSE 100 down as rally for oil majors loses steam

5th Jun 2023 16:52

(Alliance News) - Stocks in London were largely lower at the close on Monday as a rally in oil majors ground to a halt and investors looked to an increasingly "two-speed" economy in the US. Read More

LONDON MARKET MIDDAY: Stocks green amid UK service sector strength

5th Jun 2023 12:11

(Alliance News) - Stock prices in London were higher at midday on Monday as markets looked to further positive news for the UK's service sector. Read More

IN BRIEF: abrdn plans return as sells last stake in HDFC Life in India

31st May 2023 09:01

abrdn PLC - Edinburgh-based investor and asset manager - Sells entire remaining 1.7% stake in HDFC Life Insurance Co Ltd in India. The 35.7 million shares are sold on the National Stock Exchange of India and the Bombay Stock Exchange at INR579.6 each. abrdn will receive a total of INR20.42 billion, or GBP198 million, from the disposal after tax and expenses. It will return the proceeds to abrdn shareholders by means of share buybacks. Read More

IN BRIEF: abrdn confirms CFO departure after annual general meeting

11th May 2023 18:16

abrdn PLC - Edinburgh-based investor and asset manager - Reports all resolutions at Wednesday's annual general meeting were passed. Further to announcements in February and March, confirms Brian McBride and Chief Financial Officer Stephanie Bruce did not seek re-election to the board. Read More

UK dividends calendar - next 7 days

9th May 2023 15:45

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LONDON BROKER RATINGS: Wells Fargo cuts Flutter; Shore says 'sell' CMC

4th May 2023 09:31

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More

UK shareholder meetings calendar - next 7 days

3rd May 2023 14:51

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LONDON MARKET MIDDAY: Stocks tread water ahead of US tech earnings

24th Apr 2023 12:13

(Alliance News) - Stocks in London were directionless at midday on Monday, in a quiet start to a big week for economic indicators and company earnings. Read More

LONDON BROKER RATINGS: Citigroup raises Direct Line to 'buy'

5th Apr 2023 09:29

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More

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