LONDON (Reuters) - Aberdeen Asset Management, said that August as market volatility Fund Manager moved £ 800 million of its funds in the two months to end customers demand beat for their pensions and alternative products.
The assets under management performance of Aberdeen fell to £ 176.9 billion at the end of August, 4.8 per cent lower than on 30 June, as a slumping stock markets the core range of equity funds, which investment House said in a statement on Monday.
"There is no simple solution government economic growth in the West for some time is Europe's problems and expectation of the colorless", Aberdeen said Managing Director Martin Gilbert.
Despite the shaky are Aberdeen, said that customers that equity fund range during the period, but 300 million pounds purchase added global emerging market and global shares strategies to weaker equity markets in Europe and the UK.
Strong demand for these products and other higher-margin pool fund expected to press you gain for the full year at the upper end of analysts forecast range of £ 262 million and £ 297 million Aberdeen added.
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