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The Latest Breaking News from Abrdn

The reason why high street chain John Lewis is building hundreds of new homes

The chain, which also owns Waitrose, is looking to create 1,000 homes in London and the south east to address the housing crisis

Manchester Evening News

John Lewis submits plans for London rental homes in west and south east London

It marks the next stage in the John Lewis Partnership’s plans to build around 1,000 ‘build-to-rent’ homes in West Ealing, Bromley, and Reading

Evening Standard

Abrdn to acquire US healthcare funds worth £2.6 billion

Latest deal significantly boosts Scottish group's closed-end fund assets, as well as expansion into the biotech sector

Insider UK

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Boss of British Gas owner avoids revolt over £4.5m pay packet

Centrica chief Chris O’Shea’s remuneration backed by 93% of shareholders at AGM despite union outcry

The Guardian - UK

Abrdn creates tokenised version of flagship fund

Move further into the blockchain hailed as a 'significant milestone' in the firm's digital asset strategy

Insider UK

Interactive Investor creating jobs as it significantly increases headquarters

The company employs more than 400 people in Manchester

Birmingham Post

Abrdn appoints new head of property

After three years as global head of real assets, Neil Slater will be leaving the firm

Insider UK

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Abrdn lowers asking price for Auto Trader headquarters by over £20m

The building was renamed after Tony Wilson who founded the Hacienda nightclub and co-founded Factory Records

Birmingham Post

Abrdn cuts a fifth of multi-asset fund management staff

Recently-appointed team leader oversees process simplification process and restructuring

Insider UK

Liechtenstein fund group to acquire abrdn's discretionary business for £140 million

The move will see around 45 Scottish abrdn employees shifted later this year

Insider UK

Santander in talks to buy abrdn's private equity unit

Spanish banking giant is among several potential suitors, according to sources cited by Sky News

Insider UK

Scots firm's huge investment in coal giant accused of fraud revealed

AN Edinburgh investment company which markets itself as sustainable and sponsors major cultural events in Scotland holds £50 million worth of bonds…

The National (Scotland)

Office days: The full list of average weekly working patterns at FTSE 100 companies

Here is the full list of respondents and their feedback to a Evening Standard survey looking at weekly working patterns, writes Joanna Hodgson

Evening Standard

Abrdn rolls out new Asia equity fund

Aberdeen Asset Management (Abrdn) is launching a new Asia equity fund focusing on Chinese and Thai stocks as it believes China's reopening will drive Thailand's tourism industry to expand substantially this year.

Bangkok Post

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Insider UK

Abrdn appoints chief investment officer

New hire moves from similar roles at major European asset managers

Evening Standard

Who are the big winners in FTSE 100’s £350 billion rebound as it closes in on record high?

Some well-known UK names are in the lead as hopes grow that the economy is proving more resilient than feared

Birmingham Post

Property investment firm Robert Hitchins acquires Bristol office building

The purchase is the sixth in the city for the Gloucestershire-headquartered developer

The Independent UK

How to protect your retirement savings as living costs rise

Worried about the cost-of-living crisis impacting your pension? These expert tips could help, says Vicky Shaw.

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news in one place.

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The Independent UK

How to protect your retirement savings as living costs rise

Worried about the cost-of-living crisis impacting your pension? These expert tips could help, says Vicky Shaw.

Insider UK

John Lewis agrees £500m home building deal with abrdn

The high street giant will build the properties on the sites of former stores, kit them out with its furniture and then rent them out

The Guardian - UK

John Lewis agrees £500m deal with Abrdn to build 1,000 rental homes

Waitrose shops in Bromley and West Ealing will be redeveloped, and vacant warehouse in Reading

Birmingham Post

John Lewis agrees £500m home building deal with Abrdn

The high street giant will build the properties on the sites of former stores, kit them out with furniture and rent them out

Evening Standard

John Lewis enters London rental property market with £500 million Abrdn joint venture

The move is part of the partnership’s ambition to build 10,000 new homes over the next decade

Insider UK

Weir and abrdn promoted to FTSE 100

UK's top stock market index also sees 'yo-yo' firm Harbour Energy drop out again

The Independent UK

Harbour Energy knocked off FTSE 100 while Abrdn returns

The FTSE Russell Group’s quarterly review sees Harbour Energy drop to the FTSE 250, along with Dechra Pharma and Intermediate Capital Group.

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