|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||16.17 - 16.17|
|52-week range||10.68 - 18.92|
|Beta (5Y monthly)||1.19|
|PE ratio (TTM)||7.71|
|Forward dividend & yield||0.79 (4.88%)|
|Ex-dividend date||15 Apr 2021|
|1y target est||N/A|
Many investors define successful investing as beating the market average over the long term. But the risk of stock...
One of Britain's biggest money managers has asked staff to monitor their carbon footprint while working from home as part of a new green energy drive. Standard Life Aberdeen (SLA), soon to rebrand as Abrdn, is giving employees access to an app that can measure and reduce their carbon footprint after finding that home working now generates 55pc of the company's emissions. The company will use the app, Pawprint, to gather anonymised data on staff energy use - and has told workers they can download a consumer version to track their own consumption. SLA said: "The nature of work has changed and working from home more is likely to be a lasting feature. While we’ve worked hard to make our offices more efficient, people’s homes generally are less so. "We have partnered with Pawprint to develop our understanding of these emissions and start to find ways to reduce them." The app, to be launched later this year, will provide SLA with anonymous data to help it reduce the firm's carbon output as it prepares for an era where remote working is commonplace.
Standard Life Aberdeen has come up with a solution to address its recent woes: drop most of the vowels in its name. The asset manager announced plans to rebrand as Abrdn as it seeks to "modernise" and end confusion after selling its Standard Life brand to insurer Phoenix in February. The FTSE 100 company insisted that the name change to Abrdn – pronounced Aberdeen – would create a "modern, agile, digitally enabled brand". But the move was widely ridiculed on social media. Julie McDowell, a former senior executive at the group, posted a link to a story about the name change on her LinkedIn page, saying: "This is a joke, right?" One City analyst said: "When you’ve got to clarify the pronunciation in your RNS statement, it’s not the best situation to be in." The company's new logo was created by Wolff Olins, the agency that devised the branding for the 2012 London Olympics. The asset manager has struggled since it was formed in a £11bn merger in 2017 between Aberdeen Asset Management and rival Standard Life, with shares tumbling by nearly a third since the deal was finalised. Stephen Bird, who took over as chief executive last September, said: "Our new brand Abrdn builds on our heritage and is modern, dynamic and, most importantly, engaging for all of our client and customer channels.