In the three months to 31 December equity funds as a group saw £3.1bn of net inflows, up from £2.8bn for the preceding quarter.
Meanwhile, fixed income strategies saw net outflows of £775m and the firm’s multi-asset proposition (Aberdeen Solutions) received redemptions worth £443m.
Within the equities group, Aberdeen’s renowned Emerging Markets team, run by Devan Kaloo, continued to see strong demand.
In the final quarter of the year it was flooded with £1.6bn of inflows, compared with £1.2bn in the three months to 30 September.
The flagship Luxembourg-domiciled Global Emerging Markets Fund has now reached £9.69bn despite efforts to stop investors pouring more money into the strategy, while its UK-listed Emerging Markets Fund has now reached £3.7bn.
Aside from EM, Hugh Young’s Asia Pacific equities mandates also welcomed £1.4bn in inflows, double the £719m seen in the three months previously.
“Flows into our equity products have remained strong with our Asia Pacific product having been particularly popular in the latest quarter.
Net inflows to emerging market equities have continued at a higher rate than we are comfortable with and we are working to achieve a slowdown to ensure performance is not compromised,” the firm said in its interim management statement.
Emerging market debt, run by Brett Diment, also had a strong quarter, with inflows into the funds of £800mand AUM in the strategies up to £6.5bn from £5.5bn at the end of September.
Across all of its strategies Aberdeen said it had won £10.8bn of new business in the quarter versus £9bn in the three months preceding it.
“The trend we experienced in 2012 continued whereby inflows have been attracted into higher margin pooled funds investing in both equities and bonds while outflows have been mainly from lower margin segregated portfolio.
“The effect on revenue is therefore positive, with the net flows for the quarter adding approximately £330m of annualised fee income.”
