Where is Aberdeen Asset management based?
Aberdeen, Scotland
Aberdeen Asset Management
| Type | Public |
|---|---|
| Headquarters | Aberdeen, Scotland, UK |
| Key people | Simon Troughton (Chairman) Martin Gilbert (CEO) Hugh Young (Head of Investments) Bev Hendry (Chief Executive – Head of Americas) |
| Products | Equities, Fixed Income and Property asset classes |
| Revenue | £1,114 million (2016) |
What happened to Edinburgh fund Managers?
Edinburgh fund management boutique acquired by consolidator.
Why did Aberdeen change their name?
The April announcement of the coming change unleashed a raft of mockery on Twitter, but Chief Executive Officer Stephen Bird said Monday the shortened name makes it easier for people to search for the company online, as well as avoiding copyright issues.
Who owns Aberdeen standard?
Phoenix Group
Standard Life Aberdeen/Parent organizations
In 2018, Phoenix Group Holdings plc acquired Standard Life from Standard Life Aberdeen plc for £2.9 billion. In May 2021, Phoenix Group acquired the ‘Standard Life’ brand and in July 2021 Aberdeen Standard Life Group companies rebranded as ‘abrdn’.
Is Standard Life Aberdeen the same as Aberdeen standard?
Standard Life Aberdeen has officially switched its name to Abrdn after first announcing the rebrand back in April. The firm sealed the face lift by changing its ticker today (July 5) from SLA to ABDN.
Who are Aberdeen standard?
abrdn plc (pronounced “Aberdeen”), formerly Standard Life Aberdeen plc, is a United Kingdom-based global investment company headquartered in Edinburgh, Scotland. In July 2021 the company changed its name from Standard Life Aberdeen to abrdn plc. The registered office of the company is at 1 George Street in Edinburgh.
Who took over Edinburgh Fund Managers?
Saracen, the Edinburgh-based fund management business, has been acquired by an investment vehicle chaired by Scottish financial services veteran Martin Gilbert in a seven-figure deal. AssetCo is paying a total of £2.75 million in cash and shares for the capital firm, which was founded in the late 1990s.
Who did Aberdeen rebrand?
abrdn
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.
Is Standard Life Aberdeen the same as Standard Life?
Standard Life Aberdeen has officially switched its name to Abrdn after first announcing the rebrand back in April. Having kept the ‘Standard Life’ part of its name for almost 200 years, when it was established in 1825, the company merged with Aberdeen in 2017.
What type of merger was Standard Life Aberdeen?
A Smooth Merger Then-Aberdeen CEO Martin Gilbert said despite the company’s flailing finances, he felt no pressure, either from shareholders or from the company’s finances, to join with Standard Life.
Why did Standard Life merge with Aberdeen?
Citigroup analysts said the new company provides “better growth” than Standard Life would alone. The firm also thought that the combined company will have “better strategic positioning” than Aberdeen Asset would alone.
What kind of company is Aberdeen Asset Management?
Aberdeen Asset Management PLC was an international investment management group, managing assets for both institutions and private investors from offices around the world.
How many employees does Aberdeen Standard Investments have?
With about 6,000 employees, it provides active asset management to institutional, wholesale and insurance clients through over 40 locations worldwide. The firm’s asset management unit operates under Aberdeen Standard Investments brand.
When was Scottish Widows sold to Aberdeen Asset Management?
In November 2013, Lloyds Banking Group sold Scottish Widows Investment Partnership (SWIP) to Aberdeen Asset Management in a £660m deal.
When did Aberdeen Asset Management acquire Murray Johnstone?
In 2000 it acquired Murray Johnstone, followed by Edinburgh Fund Managers in 2003, parts of Deutsche Asset Management in 2005 and 2007, Glasgow Investment Managers in 2007, Goodman Property Investors in 2008, certain investment businesses of Credit Suisse Asset Management in 2009, and certain contracts and assets from RBS Asset Management in 2010.