Abrdn has relaunched two of its fixed income funds with an unconstrained approach due to the investment manager’s opinion that inflation volatility is “here to stay."

New figures published today by HMRC have revealed that inheritance tax receipts for 2023/24 climbed £400m to a new record £7.5bn.

Investment provider Abdrn is facing a fresh wave of scorn after its CIO claimed it was the victim of “corporate bullying” after it scrapped vowels from its name in a heavily-mocked rebrand.

The Abrdn Property Income Trust (API) fund is to be wound-down following a failed merger with the Custodian Property Income Reit fund.