Aberdeen Sees Sovereign Assets Shrink $19 Billion in Two YearsBy
Net outflows totaling $13 billion reported in first quarter
Investors pull cash from Asia, global equities funds
Aberdeen Asset Management Plc has seen sovereign wealth-fund assets shrink by about 13 billion pounds ($19 billion) since a peak in 2013 as clients from oil-dependent countries cashed out and markets slumped.
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