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It’s clear now Abrdn’s board was wrong, and Stephen Bird was right, about splitting up the business

The prospects for much of the active asset management industry look even bleaker than when Bird pitched a sale

It’s clear now Abrdn’s board was wrong, and Stephen Bird was right, about splitting up the business
Photo: Jonne Roriz/Getty Images

David Wighton is a columnist for Financial News

There has been little for Standard Life and Aberdeen’s shareholders and employees to cheer about since the two firms merged in 2017 to create what was then Europe’s second largest fund manager.

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