Reporting on the final quarter of 2012, Aberdeen Asset Management says that it has seen net inflows to emerging market equities at a higher rate than the firm is comfortable with and it is working to achieve a slowdown to ensure performance is not compromised.

During Q4 2012, Aberdeen attracted gross new business to the value of £10.8 billion (around $17.3 billion), up from £9.0 billion in the previous quarter. Outflows in Q4 totalled £9.7 billion, resulting in net inflows for the quarter of £1.1 billion.

The firm reports that it has seen inflows into its higher-margin pooled funds investing in both equities and bonds, while outflows have been mainly from lower-margin segregated portfolios. The effect on revenue has, therefore, been positive, with the net flows for the quarter adding approximately £30 million of annualised fee income.

At 30 December 2012 Aberdeen had total assets under management of £193.4 billion (£187.2 billion at 30 September 2012).