Aberdeen suffers net outflow of £3.4bn in Q2

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Aberdeen Asset Management is hit by last month's market sell-off as assets under management (AUM) fall by 1% from March to June.

The asset manager's AUM dropped to £209.6bn in Q2, with market movements contributing £10.3bn to the fall. Net outflows from the group's funds was £3.4bn, wiping off the positive effect from new...

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