abrdn (GB:ABDN) has released an update.
abrdn plc reported a 2% increase in assets under management and administration (AUMA) year-to-date to £507 billion, buoyed by positive market conditions and significant net inflows from its interactive investor platform, which saw a 13% uplift in AUMA. Despite challenges in equities and Insurance Partners driving outflows, the company is actively addressing these issues, particularly within its Adviser segment, to improve service and performance. The transformation program remains on track, highlighting abrdn’s commitment to sustainable long-term growth.
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