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

Friday Briefing

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...