Aberdeen suffers £11.3bn H1 outflow

Reporting its interim results, Aberdeen said it had seen £7.9bn in outflows from its own business lines and £3.4bn from the Scottish Widows Investment Partnership (SWIP) business, taking total net outflows to £11.3bn on the period. Of the £11.3bn outflows, £2bn came from global equities, £1.7bn from global emerging markets and £2.9bn was pulled from global fixed income, although the group said Asian and US fixed income saw inflows for the period and fund performance was ahead of benchmarks. Asia Pacific equity flows showed "healthy improvement", however, and the group's property divis...