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abrdn plc (SLFPF)

Other OTC - Other OTC Delayed Price. Currency in USD
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1.9500-0.0660 (-3.27%)
At close: 12:59PM EST
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  • Yahoo Finance UK

    Trending tickers: Google, Coinbase, Abrdn, Workday

    The latest investor updates on stocks that are trending on Tuesday.

  • PA Media: Money

    Abrdn clients pull £13.9bn amid job cuts at investment firm

    The fund manager and wealth specialist saw its pre-tax loss shrink to £6 million for last year, reducing from a £612 million loss.

  • Reuters

    Abrdn profit dips as it pursues cost cuts to revive fortunes

    LONDON (Reuters) -Profit fell at asset manager abrdn in 2023 and the British firm warned of further pressure on its margins as large clients shift cash away from actively managed funds. Shares sank more than 5% at 1548 GMT, reversing course after surging 6% in earlier trading as investors welcomed a result that slightly exceeded analyst forecasts. Abrdn laid out plans to cut 500 roles in January, after worse-than-expected net outflows of client cash in the second half of 2023.