abrdn takes 60% haircut on Virgin Money stake as bank assumes full ownership of investment venture

Investment management agreement renewed

James Baxter-Derrington
clock • 2 min read

FTSE 250-listed asset manager abrdn has lost more than half the value of its stake in Virgin Money Investments, as the bank brings the joint venture into sole ownership.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

Titan Square Mile axes Evenlode Global Equity rating

Titan Square Mile axes Evenlode Global Equity rating

Amid manager changes

Alex Sebastian
clock 26 May 2026 • 1 min read
The Big Question: How are you playing the space theme?

The Big Question: How are you playing the space theme?

Nine experts answer

Investment Week
clock 22 May 2026 • 1 min read
Impax Asset Management revenue and AUM fall despite performance

Impax Asset Management revenue and AUM fall despite performance

'Difficult period for the company'

Patrick Brusnahan
clock 20 May 2026 • 1 min read
Trustpilot