Asian Sovereign Wealth Fund Withdraws £4 Billion from Aberdeen
Posted on 07/29/2014
Aberdeen Asset Management PLC suffered a £4 billion withdrawal from an Asian sovereign wealth fund. The sovereign fund pulled that amount from Asia-Pacific and Global Equities mandates. This occurred in the three months to the end of June 2014. Aberdeen claims the £4 billion outflow came from a low margin product. Other outflows came from […]
- Aberdeen Asset Management
- Alternatives
- Infrastructure
- Private Equity
- Scottish Widows Investment Partnership
- Sovereign Wealth Fund
- SWIP
