Standard Life Aberdeen H1 assets up 5% as market gains offset outflows

LONDON, Aug 7 (Reuters) - British asset manager Standard Life Aberdeen on Wednesday posted a 5% rise in first-half assets under management and administration as market gains more than offset continued net outflows of client cash.

Total assets at the end of the period were 577.5 billion pounds ($702 billion), up from 551.5 billion at the end of December. Positive market moves added 41.2 billion pounds, against net outflows of 15.9 billion pounds.


Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.

Sign up for a free trial of our full service at and follow us on Twitter @Breakingviews and at All opinions expressed are those of the authors.