Underlying profit, stated before amortization of intangible assets, was £142.8m compared to £92.6m in 2010. This represents underlying earnings per share, on a diluted basis, of 8.91 pence, compared to 6.05 pence in 2010.

Revenue for the six months was £385.9m, up 30.9% compared to £294.9m in the year ago period.

Assets under management at period end totaled £181.2bn compared to £170.9bn a year ago.

The firm said outflows from more traditional fixed income funds have seen a dramatic slowdown, with £600m leaving the investment category during the half-year compared with £2bn at the end of 2010.

Performance fees more than doubled to £19.1m, while recurring management fees rose 28% to £366.5m.

Aberdeen said its board has said to pay an interim dividend of 3.8 pence per share, an increase of 19% on the 2010 interim payment.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.