Wealth and Asset Management
CORRECTED-UPDATE 1-Aberdeen Asset Management to cut costs after money leaves funds
Aberdeen Asset Management said it planned to cut costs after weakness in emerging markets drove more money out of its funds in the first two months of the year, lifting its shares. Outflows were 3.9 billion pounds ($6.50 billion), largely from its Asian and emerging market equity funds, Aberdeen said…
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Click here to read the full story: Reuters