Who is abrdn com?
Abrdn is an investment company, headquartered in Edinburgh, with operations across the globe. The company has £535 billion assets under management and administration. It has over 5,000 employees globally and over 1 million shareholders. Abrdn has a primary listing on the London Stock Exchange.
What happened to Aberdeen Asset Management?
On March 6, 2017, Standard Life Plc. and Aberdeen Asset Management Plc., two Scottish companies, announced they were merging to form Standard Life Aberdeen. Standard Life shareholders held 66.7% of the new company; the remaining amount went to Aberdeen stockholders.
Is abrdn shares a good investment?
The fact that it should be earnings accretive in the first full year suggests it's good deal for Abrdn too. However, acquisitions can go wrong if they aren't integrated well. There's some risk mitigation here, though, as Interactive Investor's current CEO will continue to lead the business.
Is abrdn Standard Life?
UK asset manager Standard Life Aberdeen has officially changed its name to abrdn as part of an ongoing companywide rebrand. The new name took effect at 8.00am on 5 July with its ticker also changing from SLA to ABDN after the company delivered its new strategy.