Aberdeen Asset Management's third quarter net flows remained negative at £7.2bn, reaching £23.7bn for the nine months to end of September.
In the company's end of financial year results, the firm said net outflows for its 12-month financial period to the end of September 2016 hit £32.8bn, marginally down on its 2015 year.
In a slight turn for the positive, the net outflows for the last three months were the lowest for some time, compared with £8.9bn between March and June, and £7.6bn in the first three months of 2016. Despite this, the company continued to see net outflows across all its business lines, however with stark improvement in performance in alternatives and property.
The business lines saw net outflows of £294m and £339m between June and September, respectively, compared with £1.2bn and £1.5bn between March and June.
Similarly, Aberdeen's equities business saw net outflows fall to £883m compared with £2.9bn in Q2 2016. However, while the three months to September saw some improvement, over the 12-months equities have still seen £13.6bn in net outflows.
Aberdeen chief executive Martin Gilbert remained positive on the results. The firm's assets under management rose to £312bn on the back of strong asset returns and a weaker sterling, up from £284bn 12 months previous.
However, while some sentiment was turning the outlook still remained concerning according to Mr Gilbert. The firm's flagship emerging equities business, which Mr Gilbert said had seen a turn to positive sentiment in the third quarter, would again struggle in the final three months of the year.
Mr Gilbert said while emerging market equities, and equities in general, had done well, Donald Trump's election in the US had reversed sentiment.
He said: "It is still early days but [the election] certainly stop the inflows [into emerging market equity funds] and there has been a change in asset allocation from our major clients like private banks, who were positive have gone neutral again.
"We haven't seen the outflows we were seeing but it is not as positive as it was, which is a pity as sentiment was turning and it's been a good quarter for equities, so it will be a tougher quarter [in Q4 2016]."
Aberdeen chairman Roger Cornick added that equity inflows in the firm's 2016 financial year were lower than 2015's, in a sign tides were turning.
"Emerging market equities recorded a small net inflow of £0.6bn in the final quarter [three months to September], albeit negative for the year overall with net outflows for the year of £0.8bn (2015: £4.0bn)."