Aberdeen Asset Management saw its assets under management (AuM) rise by 3% in the two months to 31 August, amid lower outflows.

London-listed fund manager said clients withdrew £1.7bn from its funds in July and August, compared with outflows of £8.8bn in the previous three months.

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The largest decline in AuM was seen at Aberdeen’s fixed income unit.

The group said business flows had stabilised since June and were improving, with the mix moving towards higher margin products.

Aberdeen’s core equity portfolios saw net inflows of £100m, while property and emerging market debt inflows were "subdued" and high yield saw investors taking some profits from the sector.

Elsewhere the firm’s Asian Pacific equity funds also posted a net inflow of £183m in the two months ending 31 August 2014.

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Aberdeen chief executive Martin Gilbert said: "Our equity capabilities are recovering, both in terms of performance and flows following a tough 2013.

"With the SWIP integration on track we remain confident that the increased scale and breadth of the Group’s business provides a solid foundation to weather what are likely to remain volatile markets."