Aberdeen sees first-half profits surge 54%

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UK - Aberdeen Asset Management has seen its profit before tax surge 54% to £142.8m ($235m) for the six months to the end of March.

Assets under management grew to £181.2bn by the end of March, up from £170.9bn during the same period in 2010. However, the firm recorded outflows of £700m during the period, compared with £100m...

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