Corrected: BUZZ-UK's Aberdeen falls after reporting Q3 outflows
Yesterday 08:16
CORRECTED-BUZZ-UK's Aberdeen falls after reporting Q3 outflows Corrects bullets 2 and 3 to say flows relate to adviser segment, not overall
** Shares of British asset manager Aberdeen Group ABDN.L down 3.5% at 226.8 pence, among top losers on London's FTSE 100 .FTSE
** Co reports Q3 net outflows of £0.7 billion ($936.32 million) in adviser segment, unchanged relative to Q2
** Co says return to net inflows in adviser segment is taking longer than anticipated
** Up to Tuesday's close, stock had risen 14.3%, compared with 8.07% YTD increase in FTSE
($1 = 0.7476 pounds)
(Reporting by Simone Lobo in Bengaluru)
((Simone.Lobo@thomsonreuters.com, +919920570373))
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