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Global Market: Aberdeen Group reports £3 billion outflows in H1 as turnaround efforts continue

Aberdeen Group experienced substantial net outflows of £3 billion in the first half. This occurred as withdrawals from investment and adviser businesses offset strong growth. Interactive investor platform attracted record inflows, but larger clients reduced asset holdings. The company's assets under management reached £579.4 billion. Adjusted operating profit rose, narrowly exceeding market expectations for the period.

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Economic TimesLean R·2h ago
Global Market: Aberdeen Group reports £3 billion outflows in H1 as turnaround efforts continue
Aberdeen Group experienced substantial net outflows of £3 billion in the first half. This occurred as withdrawals from investment and adviser businesses offset strong growth. Interactive investor platform attracted record inflows, but larger clients reduced asset holdings. The company's assets under management reached £579.4 billion. Adjusted operating profit rose, narrowly exceeding market expectations for the period.
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Global Market: Aberdeen Group reports £3 billion outflows in H1 as turnaround efforts continue

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Global Market: Aberdeen Group reports £3 billion outflows in H1 as turnaround efforts continue

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