Asset Management

Abrdn’s humiliating U-turn prompts tough questions about its board

Irritated staff and resentful clients spurred a rebrand to Aberdeen despite previously ruling it out

The vowels are back, but only after critics were slammed as corporate bullies
The vowels are back, but only after critics were slammed as corporate bullies Photo: Jose Sarmento Matos/Getty Images

Abrdn has faced such incessant ridicule over its vowel-lite rebranding that it might now appear obvious that it would be ditched eventually. But the decision to do so is a surprise for several reasons.

For a start, it overturns the conventional wisdom of radical rebrands. This is that everyone will hate them to begin with. The media will have a field day. But after a while people will get used to them. The benefits will start to come through. So companies should just tough it out.

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