Aberdeen Asset Management’s assets under management totalled £209.6 billion (US$322.8 billion) to the end of June 2013, a decline of 1% from £212.3 billion (US$327 billion) on 31 March 2013.
The net outflows were £3.4 billion during the quarter, of which £0.3 billion relates to AuM acquired from New York-based asset management firm Artio Global Investors.
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The group said that the UK outflows were £765 million, emerging markets £690 million and Asia Pacific saw outflows of £533 million in the three months to June this year.
Martin Gilbert, CEO of Aberdeen Asset Management, said: "We have delivered resilient figures during the third quarter given the volatile global market conditions.
"Our disciplined investment approach meant a broad range of our products attracted interest from investors although towards the end of the period outflows increased due to heightened market turbulence. The net outflow also reflects the deliberate steps we have taken to manage the capacity of our Global Emerging Market equity funds for the benefit of existing clients.
"During the quarter we were pleased to complete two transactions – Artio Global Investors and SVG Advisors – and I would like to welcome our new colleagues to the group. The investment capabilities that these two businesses bring, alongside our existing expertise across equities, fixed income, property and solutions means we are well placed to continue to meet the long-term needs of our clients in what is likely to remain a difficult environment."
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