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Why abrdn’s purchase of interactive investor could be value-destroying

Ian Orton, 06/12/2021

Stephen Bird

Abrdn’s decision to pay £1.49 billion to acquire interactive investor (ii), the UK’s second biggest online retail brokerage, provides further evidence of its intention to increase its presence in the UK’s private wealth management sector. 

With around 400,000 customers and £55 billion of assets under administration (AUA), ii will certainly boost abrdn’s personal vector’s revenue generation capabilities.&nbs...


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