Aberdeen Standard Investments sees wholesale outflows halve; Integration 'making good progress'
Completed merger in August
Keith Skeoch and Martin Gilbert
Aberdeen Standard Investments has reported net outflows increased by £1.5bn to £16.4bn for the nine months to 30 September 2017, in its first set of results as a combined entity, although wholesale outflows have halved.
The institutional channel saw an increase in outflows of £4.5bn to £14.9bn, where the group said "market conditions remain challenging" but this was partly offset by "a £3bn improvement in outflows from...
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