ADN.L Share News (ADN)

FCA lifts capital requirement for Aberdeen Asset Management

(ShareCast News) - The Financial Conduct Authority hiked the minimum amount of regulatory capital required of Aberdeen Asset Management, in effect raising its total regulatory requirement to roughly £475m. Following the FCA´s periodic review, the regulator decided to eliminate the benefit of insuran

FCA asks Aberdeen to up minimum level of capital held for regulatory purposes

LONDON, Sept 12 (Reuters) - British's Financial Conduct Authority has asked Aberdeen Asset Management to increase the required minimum level of capital it holds for regulatory purposes, the asset manager said on Monday. Aberdeen's total regulatory capital requirement will rise to about 475

Tuesday broker round-up

(ShareCast News) - Glencore: Jefferies reiterates hold with a target price of 180p. British American Tobacco: UBS maintains buy with a 5300p target. Smiths Group: Barclays reiterates overweight with a 1300p target. South 32: Exane BNP Paribas reiterates outperform with a 130p target. Diageo: Bere

Aberdeen trims fair value discount on UK property fund

LONDON, Aug 12 (Reuters) - Aberdeen Asset Management said on Friday it had changed the fair value adjustment on its UK Property Fund to minus 5 percent from minus 7 percent because market conditions continued to calm. The fund was one of several UK-focused funds to be either suspended or p

UPDATE 1-AB InBev and SABMiller expect megabrew merger to complete Oct. 10

* UK court hearing on voting system Aug. 22 * Deal completion expected Oct. 10, trading on Oct. 11 (Adds detail on timetable) BRUSSELS, Aug 1 (Reuters) - Anheuser-Busch InBev and SABMiller, the world's two largest brewers, set out a timetable on Monday for the final stages of their

Aberdeen says completes UK property fund rebalancing

LONDON, July 29 (Reuters) - British fund firm Aberdeen Asset Management said on Friday it had completed the rebalancing of its UK property funds and no longer needed to sell properties quickly to meet redemptions. The Aberdeen UK Property Fund and the Aberdeen UK Property Feeder Unit Trust

UPDATE 3-AB InBev clears China hurdle in SABMiller takeover deal

* China approval conditional on joint venture stake sale * CEO says SABMiller improved offer is compelling and final * Q2 core profit $4.01 bln vs consensus $4.13 bln * Brazil beer volume down 4.5 pct after 10 pct drop in Q1 (Updates after China commerce approval) By Phi

UPDATE 3-Brewer AB InBev seeks to nail SABMiller bid with sweetened offer

* New cash offer 45 pounds/share, up from 44 pounds * Share-and-cash alternative up by 88 pence * AB InBev says offer is final * SABMiller reviewing stance with shareholders (Recasts with more on investor dissent) By Philip Blenkinsop and Freya Berry BRUSSELS/LONDO

UPDATE 1-Market boost fails to cushion Aberdeen as investors withdraw more funds

* AuM in quarter to end-June up 3 pct to 301.4 bln stg * Outflows across all asset classes for combined 8.9 bln stg * Market, FX moves add 17.5 bln; shares down 0.3 pct (Adds detail from statement, background, share price reaction, bullet points) By Simon Jessop LONDON,

Aberdeen posts rise in assets under management

(ShareCast News) - FTSE 250 fund manager Aberdeen Asset Management reported a rise in third-quarter assets under management on Monday. For the nine months ended 30 June, assets under management came in at £301.4bn compared to £292.8bn at 31 March. The company said it experienced net outflows of £8.

Aberdeen says Q2 assets up on market, currency gains

LONDON, July 25 (Reuters) - British fund manager Aberdeen Asset Management posted a second quarter rise in assets under management (AuM) on Monday, boosted by gains in the value of its investments and positive currency moves after Britain's vote to leave the European Union. The firm said to

UPDATE 1-Aberdeen cuts dilution adjustment on UK property funds

* Dilution levy cut from 17 to 7 pct * Fair value adjustment of 7 pct in place * Move follows slew of funds frozen post-Brexit (Adds comment from CEO and regulator, details) LONDON, July 21 (Reuters) - Aberdeen Asset Management has reduced the levy on withdrawing from its UK

UK Earnings, Trading Statements Calendar - Next 7 Days

Friday broker round-up

(ShareCast News) - Ashmore: Goldman Sachs upgrades to buy with a target price of 420p and JP Morgan reiterates underweight with a 250p target. G4S: UBS keeps at buy with a 240p target. Essentra: Jefferies reiterates buy with a 715p target. Playtech: UBS stays at buy with a 1000p target. Aberdeen:

Aberdeen Asset Management lifts property fund suspension

(ShareCast News) - Aberdeen Asset Management has lifted the suspension of its £3.2bn UK property fund. Aberdeen had temporarily suspended the fund last week and cut its value by 17% as it looked to contain withdrawals following the vote to leave the European. It said it wanted to give investors addi