abrdn plc (LON: ABDN)
Market Cap | 2.46B |
Revenue (ttm) | 1.41B |
Net Income (ttm) | 317.00M |
Shares Out | 1.78B |
EPS (ttm) | 0.17 |
PE Ratio | 8.08 |
Forward PE | 10.52 |
Dividend | 0.15 (10.62%) |
Ex-Dividend Date | n/a |
Volume | 5,335,240 |
Open | 139.90 |
Previous Close | 137.45 |
Day's Range | 137.00 - 140.20 |
52-Week Range | 131.00 - 186.35 |
Beta | 1.25 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Oct 30, 2024 |
About abrdn
abrdn plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels. It also makes real estate investments. The company was formerly known as Standard Life Aberdeen plc. abrdn plc was founded in 1825 and is headquartered in Edinburgh, United Kingdom. [Read more]
Financial Performance
Financial StatementsNews
India Is Abrdn’s Top Asia Bet Next Year in Search for Carry
The Reserve Bank of India’s willingness to defend the rupee makes the country abrdn plc’s top bet in Asia, on the expectation that protection of carry gains will help the country’s assets outperform.
Abrdn CEO Windsor Shakes Up Leadership With New Investments Head
Abrdn Plc is replacing the head of its asset-management unit in a wider leadership overhaul by the UK firm’s new Chief Executive Officer Jason Windsor.
Trump Victory Implications: Market Outlook and Sector Analysis
Abrdn plc (formerly Standard Life Aberdeen plc) is a United Kingdom-based investment company. Analyst comments on the implications of Trump's win: expected to lead to a more relaxed regulatory environ...
Abrdn Sees £3.1 Billion Outflows as Clients Ditch Equities Funds
Abrdn Plc reported outflows in the third quarter as clients pulled money from its equities funds, a sign of the challenging task the firm’s new chief executive officer is facing.
Abrdn reports $4 billion of outflows in third quarter
Abrdn ABDN.L reported 3.1 billion pounds ($4 billion) of net outflows of client funds in the third quarter, underlining the challenges facing new CEO Jason Windsor as he tries to revive the British fu...
Abrdn Suggests Compromise on UK Stamp Duty Ahead of Budget
Abrdn Plc suggested a middle ground on the UK stamp-duty debate, advocating for the levy to be scrapped on non-bluechip shares as calls for full abolition of the levy fade ahead of Chancellor Rachel R...
abrdn and First Trust Announce Closing of Reorganizations of Certain First Trust Advised Funds with abrdn U.S. Closed-End Funds
PHILADELPHIA, PA AND WHEATON, IL / ACCESSWIRE / September 23, 2024 / abrdn Income Credit Strategies Fund (NYSE:ACP) ("ACP") and abrdn Global Infrastructure Income Fund (NYSE:ASGI") (each, an "Acquirin...
Abrdn Picks Former Finance Chief Windsor as CEO to Succeed Bird
Abrdn Plc has named its former finance chief and interim Chief Executive Officer Jason Windsor as the new man to lead the troubled asset manager.
abrdn plc goes ex dividend tomorrow
abrdn plc (SLFPY) had declared $0.317/share semi-annual dividend, Payable Oct. 9; for shareholders of record Aug. 16; ex-div Aug. 16. See SLFPY Dividend Scoreca
Abrdn Reports Inflows Amid CEO Search
Abrdn Plc reported positive net inflows in the first half of 2024 as the asset management firm continues its search for a new permanent chief executive officer. The firm announced on Tuesday that clie...
Abrdn Stems Outflows in First Half Amid Search for New CEO
Abrdn Plc reported inflows in the first half of the year as the asset manager sought to identify its new permanent chief executive officer.
Abrdn reports dip in assets, CEO search continues
Abrdn reported a modest dip in first-half assets under management on Tuesday and provided no update on its leadership amid speculation interim boss Jason Windsor would be tasked with the role of resto...
Abrdn CFO Jason Windsor is Favorite to Replace Bird as CEO: FT
Abrdn Plc interim chief executive officer Jason Windsor is the favored candidate to take the role permanently, the Financial Times reported, citing people close to the process.
Stephen Bird Steps Down as Abrdn CEO
The chief executive officer of asset manager Abrdn, Stephen Bird, has stepped down. Chief Financial Officer Jason Windsor is set to become the interim CEO and the firm will start a formal search proce...
abrdn plc (SLFPF) Q1 2024 Sales/Trading Statement Call Transcript
abrdn plc (SLFPF) Q1 2024 Sales/Trading Statement Call Transcript
Abrdn CEO Says Breaking Up Asset Manager Is a ‘Lazy Answer'
Abrdn CEO Stephen Bird has reiterated that he's not considering breaking up the firm, calling the idea a “really lazy answer.” He also discusses abrdn's business in Asia amid a challenging global macr...
abrdn plc (SLFPF) Q4 2023 Earnings Call Transcript
abrdn plc (SLFPF) Q4 2023 Earnings Call Transcript
abrdn Investments CEO: India Is a Market We Really Like
Rene Buehlmann, chief executive officer of investments at abrdn, shares his views on financial assets in Asia. He speaks on the sidelines of the Asian Financial Forum in Hong Kong with David Ingles on...
Abrdn to cut 500 jobs in bid to boost profitability of investment company
Abrdn on Wednesday said it plans to lay off around 10% of its entire workforce in a bid to cut its annual costs following a brutal second half of 2023 that saw clients pull £12.4 billion out of accoun...
Abrdn poised to axe jobs as it tries to turn around fortunes
British fund manager Abrdn is poised to cut hundreds of jobs, a source familiar with the matter told Reuters, as it seeks to improve its fortunes after years of outflows of client funds.
Most shorted UK stocks: HL, Kingfisher, Abrdn, Royal Mail, Tullow Oil
UK stocks have continued to lag their global peers in 2023. The blue-chip FTSE 100 index rose by about 2% in 2023 compared to the S&P 500 index gain of over 24%.
We think Europe is heading for a recession 'imminently,' Abrdn analyst says
Thomas Watts of Abrdn explains why the firm is "slightly more bearish" than the consensus.
UK fund manager abrdn to sell private equity unit to Brazil's Patria
Abrdn said on Monday it had agreed to sell its $9 billion European-headquartered private equity business to Brazilian firm Patria Investments , as it seeks to boost returns by offloading non-core asse...
HighVista Strategies LLC Completes Acquisition of abrdn's U.S. Private Markets Business
BOSTON--(BUSINESS WIRE)--HighVista Strategies LLC (“HighVista”), an alternative asset manager investing in private and public markets, today announced the completion of its acquisition of the U.S. pri...
Abrdn share price is sinking: Is it a bargain or a value trap?
Abrdn (LON: ABDN) share price has been a major underperformer in London, where it has lagged the FTSE 100 and FTSE 250 indices. The stock plunged to a low of 154.95, the lowest level since November 20...