Financial Administration or Wealth Management Referring to Stewardship of Resources
Aberdeen Asset Management Experiences Net Outflows Amid Transition Period
On Wednesday, 30 July 2025, Aberdeen Asset Management, headquartered in Edinburgh, announced a net outflow of £900 million during the first half of the year. The outflows were primarily attributed to the company's "year of transition," as described by CEO Jason Windsor.
The transition period, it seems, has impacted investor confidence and inflows, with net inflows amounting to around £800 million during the first half of 2024 in stark contrast. Despite this setback, Aberdeen managed to achieve operational milestones. The company's assets under management and advice (AUMA) saw a £6 billion increase, reaching £517.6 billion, a 1% rise from the end of 2024. Moreover, cost savings of £137 million were realised from the transformation program.
Equity redemptions, however, negatively affected net flows, reflecting repositioning by clients during the transition period.
In a public statement, the new CEO, David Ricketts, acknowledged the slight uptick in assets under management despite the net outflows. He expressed optimism about the future of Aberdeen and its potential for growth.
In a bid to improve the company's performance, Ricketts announced a partnership with a leading environmental research firm. The new strategy will focus on sustainable and socially responsible investments, aiming to enhance Aberdeen's ability to analyze and invest in environmentally friendly projects.
Ricketts addressed the recent net outflows in his statement, expressing confidence that the partnership and the new strategy will help Aberdeen navigate through this transition period and position the company for future growth.
- Investors' confidence during Aberdeen Asset Management's transition period appears to have negatively impacted inflows, which experienced a net outflow of £900 million in the first half of 2025, compared to a net inflow of £800 million during the same period in 2024.
- In light of the recent net outflows, new CEO David Ricketts plans to improve Aberdeen Asset Management's performance by partnering with a leading environmental research firm, focusing on sustainable and socially responsible investments, and positioning the company for future growth in the finance and investing sector.
