Investors turned their backs on Aberdeen Asset Management this morning after it reported net outflows of almost £9bn in the third quarter of its financial year, with the stock keeping a lid on gains made by the wider index.
The weaker yen is proving a drag on consumer incomes, and the real, structural change that will help Japan recovery is yet to be seen. Internationally-diversified market leaders will be the best way to play the market, explains Aberdeen Asset Management's...
Aberdeen Asset Management has migrated all Scottish Widows Investment Partnership-run active equity funds and mandates, with the team that ran them at SWIP exiting the combined business.
Many investors have flocked to property in the last year to take advantage of the yields on offer, but Gary Reynolds at Courtiers said direct investment in bricks and mortar looks much more attractive now.
Aberdeen Asset Management has promoted Siddharth Dahiya to the newly created position of head of emerging market corporate debt following the departure of Esther Chan from the group.
Emerging markets took a tumble at the start of the year and worried investors pulled their money out of some of the largest emerging market equity funds in the UK market.
Aberdeen Asset Management is set to launch a new Asian property fund of funds, after closing its third investment vehicle targeting the region having raised more than £300m.
It is harder for equity managers to invest now than in the run up to the financial crisis, according to Bruce Stout, manager of the £1.3bn Murray International trust.
Aberdeen head of global emerging markets Devan Kaloo has said the asset class will avoid a 1998-style collapse despite the sharp slides in currencies seen in recent weeks.