Wealth and Asset Management
Aberdeen: Investors pull net £6.4bn in Q1
The loss of a £4.2bn mandate and lower markets saw Aberdeen Group’s investments business suffer a £6.4bn net outflow in Q1. Investors pulled a net £4.1bn from Aberdeen’s institutional and retail wealth division, while a further £2.3bn was redeemed from its insurance partners arm. Assets under management and administration dipped…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Portfolio Adviser