July 2021.
In July 2021 the company changed its name from Standard Life Aberdeen to abrdn. The registered office of the company is at 1 George Street in Edinburgh.
When did Standard Life change its name to abrdn?
UK asset manager Standard Life Aberdeen has officially changed its name to abrdn as part of an ongoing companywide rebrand. The new name took effect at 8.00am on 5 July with its ticker also changing from SLA to ABDN after the company delivered its new strategy.
Why did abrdn change Standard Life?
abrdn is so much more than a new name, it’s about our business coming together under a single global brand with a determined focus on enabling our clients and customers to be better investors”.
Why did Standard Life change its name?
The firm stated that the name change was a ‘key milestone’ in its delivery of its new strategy to bring a “clarity of focus, renewed sense of purpose, drive for sustainable growth for shareholders, clients and colleagues”, and to simplify the business.
Is Standard Life Aberdeen now abrdn?
With ownership of Standard Life-branded pensions cleared up, agency Wolff Olins helped SLA come up with Abrdn, which is still pronounced ‘Aberdeen’. Stephen Bird, abrdn’s chief executive who previously headed up global consumer banking at Citi, said “Abrdn is so much more than a new name.”
Are Standard Life and abrdn the same?
abrdn plc (disemvoweling of “Aberdeen”), formerly Standard Life Aberdeen plc, is a United Kingdom-based global investment company headquartered in Edinburgh, Scotland. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
How do you pronounce abrdn?
One of the U.K.’s largest asset managers is changing its name to Abrdn — pronounced “Aberdeen” — in a bid to attract a younger client base by mimicking the naming approach of some startups.
What has happened to Standard Life?
On March 6, 2017, Standard Life Plc. and Aberdeen Asset Management Plc., two Scottish companies, announced they were merging to form Standard Life Aberdeen. Standard Life shareholders held 66.7% of the new company; the remaining amount went to Aberdeen stockholders.
The shares of the combined group are about 30 per cent lower now than when the combination was announced in 2017. The company initially operated with joint chief executives Martin Gilbert from the Aberdeen side and Keith Skeoch from Standard Life. Both have since departed the business.
Is abrdn the same as Aberdeen standard investments?
As a result, we’ve updated our fund names and descriptions as you can see in our fund changes fund changes document. When did this happen? These changes took effect from 1 August 2022.
Are Aberdeen Standard and Standard Life the same?
The merger of Aberdeen Asset Management PLC and Standard Life plc has completed today to form Standard Life Aberdeen plc, one of the world’s largest investment companies with assets under administration of £670 billion (€737 billion, US$871 billion)*.
Is Standard Life Wrap now abrdn?
Our client brands Standard Life Wrap, Elevate and Fundzone have now changed to abrdn Wrap, Elevate and Fundzone.
What happened to Aberdeen Asset Management?
In March 2017, Aberdeen Asset Management reached an agreement to merge with Standard Life, in an all-share merger. Standard Life changed its name to Standard Life Aberdeen on 14 August 2017.
Who bought out Standard Life?
Standard Life, part of Phoenix Group, announces the appointment of three hires to its Defined Benefit Solutions business, strengthening the company’s Bulk Purchase Annuity capabilities.
Did Barclays take over Standard Life?
Barclays Bank PLC (“Barclays”) has completed the acquisition of Standard Life Bank Plc (“Standard Life Bank”), which was initially announced on 26 October 2009, following receipt of regulatory and other applicable approvals.
Who did the abrdn rebrand?
Standard Life Aberdeen
Abrdn chief executive Stephen Bird says he has no regrets about the controversial rebrand of Standard Life Aberdeen. “I would 100% do it again – you’ve no idea how many people regard it as a good thing,” he told Financial News.
How do Scots pronounce Aberdeen?
Aberdeen is pronounced /ˌæbərˈdiːn/ ( listen) in Received Pronunciation, and [ˌabərˈdin] ( listen) (with a short a sound) in Scottish Standard English. The local Doric pronunciation, [ˌeːbərˈdin] ( listen) (with a long ay sound), is frequently rendered Aiberdein.
Why did Aberdeen Change name?
The change was made to emphasise that it was involved in many businesses, from Kraft to the Budweiser brewer Anheuser-Busch, but despite the rebrand it is still synonymous with its cigarette business.
Why is Saoirse pronounced that way?
Why is Saoirse pronounced that way? Saoirse is a name that derives from the Irish language, which has different pronunciation rules to English.
How do I contact Standard Life Aberdeen?
Contact options
- 0345 084 5000. Outside the UK:
- 0345 606 0093. Outside the UK:
- 0345 084 5000. Outside the UK:
- 0345 606 0093. Outside the UK:
Is Standard Life Aberdeen a good dividend stock? Standard Life Aberdeen (LON:SLA) pays an annual dividend of GBX 0.22 per share and currently has a dividend yield of 5.33%. SLA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.