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Abrdn plc (stylised as ‘abrdn’, disemvowelling of "Aberdeen"), [4] 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 .
The company was established in 1983 through a management buy-out of an investment trust. [2] It was then listed on the London Stock Exchange in 1991. [2] In recent years, it has seen significant growth from acquisitions.
In August 2022, Abrdn bought a stake in the digital assets exchange Archax. [18] [1] [2] In November 2022, Archax completed its Series A funding round, raising $28.5 million. [19] In June 2023, Archax launched prototypes of digital versions of FTSE100 shares and UK government bonds on the blockchain. [20] [21] [22]
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Abrdn, one of the U.K.'s biggest asset-management firms, has backed a $28.5 million Series A funding round into digital asset exchange Archax. Abrdn became the firm's largest external shareholder ...
Founded in 2018, Archax provides access to blockchain-based digital assets and became the first digital securities exchange to win regulatory approval from the Financial Conduct Authority, abrdn ...
The investment company was launched in 2001 and known as DMWS 480 from March to April 2001. It was then known as Standard Life European Private Equity Trust from 2001 to 2017, [1] as Standard Life Private Equity Trust (SLPE) from 2017 to 2022 [1] and as Abrdn Private Equity Opportunities Trust (APEO) from 2022 to 2024.
The company was unprofitable in that year, [5] and by July 2001 its share price had fallen below 25 pence after reaching 415p in March 2000, during the dot-com bubble. [6] Later in 2001, Australian financial services group AMP [ 7 ] bought Interactive Investor for a little over £50m, and its investment platform was merged into AMP's Ample brand.