Aberdeen’s interactive investor inflows fail to offset withdrawals elsewhere
Aberdeen Group ($ABDN) reported assets under management and administration of £578.9 billion, 4% above the previous year-end but slightly below £579.4 billion at the half-year. The group experienced a £300 million net outflow during the quarter. Interactive investor attracted £2.5 billion of net inflows, up 32%, and increased its customer base by 8% to approximately 533,000. Those gains were offset by £700 million of outflows from the Adviser business and £2 billion from Investments. The contras
0