http://www.morningstar.co.uk/uk/news/16 ... -2017.aspx
While Standard Life Aberdeen’s (SLA) share price is up 11% since the two firms’ March merger, investors in its funds have been less enthused...
...Investors pulled £5.2 billion from Standard Life funds and £1.4 billion from Aberdeen offerings. Despite that, joint chief executives Martin Gilbert and Keith Skeoch last week told investors the outflows were “in line with our expectations”.
Standard Life has only seen net inflows in two of the previous 17 months. It was the Morningstar Bronze-rated Global Absolute Return Strategies (GARS) fund that caused Standard Life trouble, losing almost £5 billion of assets.
September was the first months Aberdeen had seen net inflows in three years. The Aberdeen Japan Equity and Aberdeen Multi-Asset funds saw outflows of £587 million and £451 million respectively.
I am not there yet, but if SLA can't turn this tide reasonably quickly I will consider cutting my loses. Are other holders happy to dig in for the long term or are they also concerned?
Terry.