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Abrdn’s GARS bleeds investors amid £36bn outflow headache: ‘They were not taking enough risk’

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Abrdn suffered an embarrassing blow when it was dumped from the UK’s FTSE 100 index — the result of plunge in market value after dropping in share price more than 70% over the past five years. The demotion comes after a difficult period for the £508bn Edinburgh-based asset manager, which…

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