Edinburgh-based Abrdn reported £800m net inflows in Q1 2024, increasing assets under management to £507.7bn.
Abrdn, an Edinburgh-based investment manager, reported net inflows of £800m ($996m) in Q1 2024, an improvement from the previous two quarters' outflows. The firm's assets under management rose to £507.7bn, a 3% increase, primarily driven by market performance. The investments business saw net inflows of around £800m, while the adviser arm suffered net outflows of approximately £900m.
April 24, 2024
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