Standard Life Aberdeen has been hit by outflows of more than $10bn from its mutual funds since the start of the year on concerns about performance and the group's merger, which was completed this summer, the Financial Times reports.
According to the Financial Times and Morningstar, the firm was the worst-selling fund house in the world in September. It was also the worst-selling European-headquartered firm globally in the ...
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, 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
