The Standard Life Aberdeen statement said: "While net outflows remain a challenge in a tough market, they are concentrated in a narrow range of strategies and we remain focused on supporting our teams and improving performance in Gars, emerging markets and global equities, while remaining true to our investment style.
"However, we recognise that a turnaround in performance of these products may take some time and will depend partly on market conditions."
damian.fantato@ft.com