Friday Briefing: What's the traditional gift for a fourth anniversary?

Friday Briefing

James Baxter-Derrington
clock • 3 min read

In the closing minutes of last week, we reported that abrdn was shuttering its Multi-Asset Climate Solutions fund.

In the opening minutes of this week, we reported that abrdn was looking to wind up its European Logistics Income trust. A day after that, the newly enlarged Asia Dragon trust told the markets it was keen to hear proposal from potential managers to replace abrdn. Friday Briefing: The battle to avoid relegation Continuing this trend, this morning we learnt Stephen Bird is stepping down from the asset manager he has become linked with perhaps more infamously than he'd have liked. While he is due to remain formally with the business as part of a handover until 30 June (his fourth an...

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

Jupiter acquires £800m assets and investment team of boutique Origin

Jupiter acquires £800m assets and investment team of boutique Origin

Mostly institutional assets

Sorin-Andrei Dojan
clock 03 October 2024 • 1 min read
WTW takes stake in PE-backed wealth manager Atomos

WTW takes stake in PE-backed wealth manager Atomos

Backed by Oaktree Capital Management

Jenna Brown
clock 03 October 2024 • 2 min read
Dynamic Planner drops benchmark allocation to property

Dynamic Planner drops benchmark allocation to property

‘Not an investable asset class anymore’

Cristian Angeloni
clock 02 October 2024 • 2 min read
Trustpilot