Abrdn has seen a return to net inflows after a boost from alternatives, quantitative strategies and liquidity put the firm back in the black.
Having suffered net outflows of £17.9bn during 2023, Abrdn achieved net inflows of £0.3bn last year, bolstered by its Q4 net inflows of £2.3bn. According to the firm's Q4 trading update, published today (21 January), this uptick was spearheaded by significant improvements in the alternatives division, its quantitative strategies and liquidity, combined with the "strong and sustained organic growth" of Interactive Investor (II). Abrdn CEO Jason Windsor said: "Investments returned to inflow in the quarter, and while there remain challenges to overcome, it was pleasing to see our institu...
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