News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Asset Management

Abrdn ends first quarter with positive flows as assets rise to £508bn

Asset manager posted net inflows of £800m between January and March, in contrast to the £6.2bn of net outflows recorded 12 months ago

Abrdn ends first quarter with positive flows as assets rise to £508bn
Photo: Ore Huiying/Getty Images

Abrdn, the Edinburgh-headquartered fund group, posted net inflows of £800m between January and March with positive market moves helping to buoy assets under management.

A trading update published by Abrdn on 24 April showed the biggest net inflows across its Interactive Investor business, which gathered £1.2bn of new money during the first three months of the year.

WSJ Logo