Standard Life Aberdeen suffers $10bn of outflows
Worst-selling fund house in September
Keith Skeoch and Martin Gilbert, co-CEOs of Standard Life Aberdeen
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 first...
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