Aberdeen Asset Management suffered £7.6bn in redemptions during the final quarter of 2008, as investors stripped nearly £5.4bn from its fixed income range.
The firm's total assets under management fell just 0.8% to £110.2bn over the three months, after posting gross new business wins of £2.6bn. Property was Aberdeen's best asset class in net flows a...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
