Aberdeen has reported a worse than expected £11.3bn outflow for the six-month period to the end of March despite a rise in revenues over the period.
Tne of the biggest investment fines
Lloyds Banking Group has boosted the FTSE 100 this morning but politically-sensitive sectors have begun to feel the bite of election season.
The volume of assets held in underperforming funds has fallen by a quarter, although the number of funds has increased, according to Chelsea Financial Services' latest RedZone list.
Aberdeen Asset Management has appointed Mike Brooks from Baillie Gifford as co-lead manager on its Diversified Growth strategy, alongside Mike Turner.
Nine Aberdeen funds have made Tilney Bestinvest's 'dog list' of underperforming funds, as the SWIP acquisition and a US underweight in its global funds dragged on performance.
Aberdeen Asset Management's CIO and Standard Life Investments' head of global strategy are among those to have been recognised in the 2015 New Year honours list.
Aberdeen Asset Management chief executive Martin Gilbert has met Google executives in a bid to better understand the technological challenges facing the fund industry, according to reports.