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Aberdeen CEO says ‘headroom’ exists to cut costs further

Asset Management Correspondent

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Aberdeen chief executive Jason Windsor said there is “headroom” for the asset manager to go beyond its stated annual cost savings target of £150m, as he continues to sharpen focus on trimming expenses and turning around fortunes across the UK-listed group.

The Edinburgh-headquartered firm said on 30 July that it was “well on track” to deliver £150m in annualised cost savings by the end of 2025, a target which was set at the start of 2024.

Aberdeen CEO says ‘headroom’ exists to cut costs further at asset manager

Jason Windsor said while the asset manager was on track to cut £150m in costs, it continues to look for ‘opportunities’ to continue lowering expenses

David Ricketts

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