DAVID MCCANN | NUMIS SECURITIES
Recent flows have been strong and importantly in high margin areas (global and emerging market equities) and we expect this trend to continue as investors continue to seek more international assets... the business is stronger now than in 2008-09.
KEITH BAIRD | ORIEL SECURITIES
Aberdeen is arguably better positioned than other asset managers because of its expertise in emerging markets – as can be seen in the 11 month inflows into higher margin equities... The assets under management total is likely to have fallen further in September.
STUART DUNCAN | PEEL HUNT
In what were challenging conditions, this is a good result. Assets under management fell by five per cent over the two month period, primarily reflecting negative market movements in equities, with only modest net outflows showing the group’s resilience.