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abrdn reports 8% drop in AUM throughout 'one of the toughest years in living memory'

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abrdn has reported assets under management fell 8% throughout, in what the firm's chief executive called “one of the toughest investing years in living memory”. The asset manager ended the year with overall assets under management and administration of £500bn, down from £542bn in 2021. For abrdn's investment arm, sector-wide…

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