In the last year, shares in Aberdeen Asset Management(LSE: ADN) have slumped by 25%. The main reason for this is uncertainty regarding China as the investment management company has significant exposure to the emerging world.
Fund outflows are part and parcel of asset management, from time to time. Nothing is fashionable for ever. Aberdeen's particular problem at the moment is that their broader investment style, of investing long term, with a focus on high quality stocks ...
Asset manager Aberdeen Asset Management (LSE: ADN) is the unhappy exception having endured a dismal year, its share price down 30% thanks to growing concerns over the fate of Asian and emerging markets, where it specialises.
Shares in investment manager Aberdeen Asset Management (LSE: ADN) have crashed by 43% since a high in April last year, to 288p, and it's all down to investors' fears over the emerging markets in which Aberdeen stashes a lot of its cash.