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Aberdeen suffers Asian outflows as EM sentiment sours

Fund house saw net outflows of nearly £10 billion in second quarter as institutional investors reduced their exposure to Asia and emerging market equities. Despite a declining AUM, Aberdeen's CEO remains bullish.
Aberdeen suffers Asian outflows as EM sentiment sours

Aberdeen Asset Management has been suffering from large net Asian outflows amid souring investor sentiment towards emerging markets, the British fund house said yesterday.

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