Aberdeen saw net outflows of £9.1bn over the final quarter of 2015, as it continued to contend with a slowdown in emerging markets and commodities, and withdrawals by sovereign wealth funds.
Net outflows were down from £12.7bn in the previous quarter; gross outflows totalled £20bn, while gross inflows reached £10.9bn, up from £9.5bn in Q3. The firm said outflows were primarily due to withdrawals by sovereign wealth funds, with Asia and emerging markets suffering from weak investor sentiment, while global funds also saw outflows. Equities saw net outflows of £6.3bn, as sentiment toward Asia and emerging markets remained weak, while Aberdeen solutions saw a net outflow of £3.3bn. The continued weakness comes despite strong contributions from Market and foreign exchange m...
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