Abrdn suffers 35% increase in outflows in full-year results
Adjusted operating profit in the investments arm of the business shrunk by 62% in 2023
Outflows
-
-
LSEG Lipper: Bonds bring over £10bn in flows while equities drop £23bn
Passive bonds attract £18.2bn
-
The Lang Cat: Advised platforms suffer record outflows in 2023
Outflows increased by 36.3% compared to 2022
-
Impax AUM rises 4.6% despite £988m Q1 outflow
Ends the year with £39.1bn assets under management
-
Liontrust suffers £1.6bn of net outflows in Q3 as CEO warns of impending restructures
AUMA has fallen by 12% over six months to the end of September
-
Brooks Macdonald suffers Q1 net outflows
But anticipates flows to turn positive in FY24 as a whole
-
Jupiter shares slide as retail arm hit by £1.9bn outflows
Unconstrained fixed income funds and UK and European equity strategies main culprits behind Q1 redemptions
-
Investors cling to US ‘comfort blanket’ despite equity outflows
Investment Association data shows US equities witnessed net outflows of £1.6bn in Q1
-
Premier suffers first quarter of outflows in six years
Asset manager ‘not immune to markets’
-
Gam AUM shrivels by 20% following Haywood saga
Excluding Haywood’s fund range, net outflows were CHF 5.3bn
-
Jupiter’s Slendebroek confronts outflows and gender pay gap
Jupiter CEO Maarten Slendebroek reiterated that future flows will be “less predictable” as Jupiter diversifies its business away from the UK market, while addressing the firm’s other issues like its gender pay gap.
-
Jupiter outflows exceed analyst estimates
Jupiter has posted net outflows of £1.3bn over the first quarter, exceeding analysts’ already bearish predictions.
