BUZZ-Aberdeen: Hits 7-mth low after hit by fresh outflows
** Aberdeen Asset Management (Frankfurt: 899502 - news) 's falls 4 pct, by far and away worst performer on Stoxx 600 financial services subsector
** Q1 net outflows £10.5 bln, total assets under management fall to £302.7 bln
** Further £2.4 bln scheduled to be withdrawn from lower-margin portfolios this quarter
** AUM and flows worse than expected at low end of consensus, MS analysts say
** "The large Global and APAC equity strategies remain below benchmark on key 3 and 5 year metrics... We expect this to remain a drag on growth", they add
** Co's main divisions experienced outflows in Q1, making it difficult to see where there could potentially be organic growth in the near term, KBW's Jonathan Richards says in a note
** Extends losing streak to 5 days
** Peers are also down: Henderson (-1 pct), Man (Swiss: MAN.SW - news) Group (-0.7 pct) and Schroders (-0.6 pct)