Investment manager Abrdn is primed to return to the FTSE 100 after a four-year absence. It was last in the blue-chip index in 2016, and in the four years since has seen both a remarkable turnaround and spectacular growth. Today, it is among the most successful asset managers in the UK and has been backed by some of Europe’s most prominent investors. As its stock price continues to climb, analysts predict that Abrdn could be ready to return to the FTSE 100 soon.
Abrdn is an investment manager that is headquartered in London, United Kingdom. The company was founded in 1983 by Martin Gilbert. Abrdn manages assets for both institutional and private clients. The company has a film track record of performance, with an annualized return of 12.5% since inception.
Abrdn is returning to the FTSE 100 Index after a four-year absence. The company was removed from the index in 2013 due to underperformance. However, Abrdn has turnaround its fortunes and is now one of the top-performing investment managers in the UK.
The return to the FTSE 100 is a significant achievement for Abrdn, and it cements the company’s position as a leading player in the UK asset management industry.
Abrdn, an investment manager, has seen success in recent years. The company has outperformed the stock market and delivered strong returns for its investors.
This has been achieved through active management and focuses on delivering long-term value. Abrdn has a track record of successful investments, which has helped build trust with its investors. The company is now well-positioned to return to the FTSE 100 index. This would be a significant achievement and cement Abrdn’s position as one of the UK’s leading investment managers.