Companies
Abrdn confirms 500 redundancies in cost-cutting ‘transformation plan’ amid £12.4bn outflows
£150m of costs will be cut across the business over two years
Quilter boosted by spike in adviser flows to platform
Jump of 44% on the inflows through the same route a year ago
Morningstar: European fund giants suffer outflows in December 2023
European-domiciled funds as a whole attracted a net €49bn in 2023
Söderberg & Partners continues push into the UK
Swedish firm’s seventh acquisition described as one of the biggest to date
AJ Bell advised customers reach 161,000 as assets jump to £76.2bn
Total customers rose 12% in the year to reach 484,000



