News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Analysts 'pleasantly surprised' despite falling Aberdeen assets

Markets pulled down Aberdeen's assets over the latest quarter, but positive flows kept analysts positive on the company

Aberdeen Asset Management reported positive flows into its equities strategies over the three months to the end of June, leaving analysts broadly upbeat on its quarterly results today, despite an overall decline in its assets as a result of falling markets.

The company's assets under management fell by 3.6% over the three months to £164.7bn (€197.6bn), thanks primarily to declines in the markets, according to its results announced today. The asset manager blamed the fall in the markets on concerns over government debt levels, along with fears about economic growth and asset bubbles in China.

WSJ Logo