abrdn back in the black as it posts net inflows in 2024

Windsor defends name

Linus Uhlig
clock • 2 min read

abrdn has seen a return to net inflows after a boost from alternatives, quantitative strategies and liquidity put the firm back in the black.

Having suffered net outflows of £17.9bn during 2023, abrdn achieved net inflows of £0.3bn last year, bolstered by its Q4 net inflows of £2.3bn. According to the firm's Q4 trading update, published today (21 January), this uptick was spearheaded by significant improvements in the alternatives division, its quantitative strategies and liquidity, combined with the "strong and sustained organic growth" of interactive investor (ii).  abrdn to adopt 'Sustainability Focus' label for two equity funds Jason Windsor, abrdn's recently appointed CEO, said: "Investments returned to inflow in th...

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

Amundi finalises Victory Capital deal

Amundi finalises Victory Capital deal

21.2% stake in Victory Capital

Sorin Dojan
clock 01 April 2025 • 1 min read
Activist hedge fund Elliott shorts Shell after CEO outlines firm's five-year strategy

Activist hedge fund Elliott shorts Shell after CEO outlines firm's five-year strategy

Stake worth at least £837m

Linus Uhlig
clock 28 March 2025 • 2 min read
Aviva preference shares: Advisers flag 'inappropriate' cancellation tax hit to unwary retail investors

Aviva preference shares: Advisers flag 'inappropriate' cancellation tax hit to unwary retail investors

Move may not be 'clear, fair and not misleading'

Jen Frost
clock 28 March 2025 • 7 min read
Trustpilot