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The asset manager reported a dip in assets under management and administration to £532bn

People Correspondent

FTSE 100-listed asset manager Abrdn has posted net outflows of £5.6bn, as its chief executive warned of further pandemic-related market volatility ahead.

While operating profit came in at £160m in the firm's half-year results, the firm's boss cautioned that quantitative easing and cheap borrowing was helping prop up markets.

Abrdn outflows continue as eyes turn to future market volatility

Abrdn CEO warns of continued market volatility as outflows continue

Bérengère Sim

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