Aberdeen Group closes out lower ahead of FTSE 100 re-entry
Aberdeen closed Friday at 234 pence, up 0.7% for the day but down 3.4% for the week, with trading volume surging to 61 million shares. The company will join the FTSE 100 on Monday after index reshuffling at Friday’s close. Aberdeen reported £2.9 billion in net outflows for the quarter, while Interactive Investor saw record net inflows of £3 billion. Total assets under management fell to £547.7 billion at March’s end.