- Fee revenues improve
- Market backdrop is very uncertain
While it might be quietly satisfying to think that the punishing fall in Abrdn’s (ABDN) share price since August last year is a fitting commentary on the company’s – surprisingly difficult to spell – corporate rebrand, the reality is that despite going big with the purchase of interactive investor (ii), the second-largest retail investment platform in the UK, its performance is tied inexorably to the negative sentiment affecting the wider market – or as Abrdn’s chairman described it, “The outlook is not universally bleak.”