Liontrust Asset Management is set to lose its spot in the FTSE 250 index, while abrdn could once again be ousted from the FTSE 100 in September.
FTSE Russell said on Monday (22 August), that abrdn could lose its FTSE 100 place for the second time in 12 months, having been demoted to the FTSE 250 last September, before regaining its place in the December reshuffle. abrdn set to return to FTSE 100 According to Morningstar data, abrdn's share price is down 8% year-to-date, but it has tumbled by over 28% in the last month alone. In the firm's half-year results published on 8 August, it revealed profits across its investment arm had fallen 66% as it reported heavy redemptions. Liontrust Asset Management, which announced its tak...
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