Aberdeen outflows slow as Standard Life merger looms; Groups agree £35m retention bonus pot for star managers - report

'Improving sentiment towards EMs'

Natalie Kenway
clock
Aberdeen CEO Martin Gilbert: "We have experienced net inflows into our emerging market strategies in recent months"
Image:

Aberdeen CEO Martin Gilbert: "We have experienced net inflows into our emerging market strategies in recent months"

Aberdeen Asset Management has reported outflows reduced to £2.5bn in the first three months of the year, while reports over the weekend suggest £35m has been set aside by the group and Standard Life to retain key managers following their proposed merger.

This morning in its half-year report, Aberdeen reported net outflows of £2.5bn in the first quarter of 2017, a marked slowdown from net outflows of £10.5bn in Q4 2016. However, this still means the group...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

All the latest news, analysis and content about the Covid-19 outbreak

Coronavirus Blog: World Health Organisation says travel bans 'not effective'

Latest news and reaction

Investment Week
clock 20 January 2022 • 1 min read
Partner Insight: Three trends likely to transform our global economy

Partner Insight: Three trends likely to transform our global economy

PIMCO’s most recent Secular Forum flagged key drivers of change, as Joachim Fels, Andrew Balls, and Daniel J. Ivascyn report

PIMCO
clock 18 January 2022 • 4 min read
AVI calls for investigation into Third Point governance

AVI calls for appointment of new director to Third Point board

Dispute ongoing

clock 18 January 2022 • 2 min read
Trustpilot