Wealth and Asset Management
Aberdeen Asset Management remains upbeat despite fund outflows
Highlights • Assets under management £302.7 billion (30 September 2016: £312.1 billion) • Net outflows of £10.5 billion, partly offset by £3.3 billion asset appreciation • Bulk of net outflows were largely low margin and anticipated • £2.2 billion reduction in AuM due to rationalisation of US Fixed Income business…
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