* AuM in quarter to end-June up 3 pct to 301.4 bln stg
* Outflows across all asset classes for combined 8.9 bln stg
* Market, FX moves add 17.5 bln; shares down 0.3 pct (Adds detail from statement, background, share price reaction,bullet points)
By Simon Jessop
LONDON, July 25 (Reuters) - Aberdeen Asset Management said investors continued to pull money out of itsemerging market funds in the third quarter, although marketvolatility and currency gains following Britain's vote to leavethe European Union offset the fall.
Emerging markets have bounced in recent months after threeyears of weakness amid persistent concerns about global growth,particularly in China, and the prospect of rising U.S. interestrates.
Despite that, investors remain nervous and many continue topull money from the asset class, a trend seen in rival Ashmore's recent update.
Aberdeen said on Monday investors had pulled a combined 8.9billion pounds ($11.68 billion) of their money from its stock,fixed income, property, alternative, quantitative andmulti-asset funds during the June quarter, with equitiesparticularly hard hit.
While that was more than offset by a 9 billion pound rise inthe value of its assets from market moves during the period anda further 8.5 billion pound gain from positive currencyfluctuations, it was not enough to stop shares in the Britishfirm from falling.
Britain's sterling currency slid after an end-Junevote to leave the European Union, helping inflate the value ofprofits earned overseas.
At 0801 GMT, its stock was down 0.3 percent at 314.9 pence ashare, off its lows in a 0.6 percent stronger mid-cap index.
"The last week of June saw considerable market volatility asinvestors reacted to the result of the UK referendum on EUmembership, with initial weakness in the days after the votethen overtaken by a strong recovery which has continued intoJuly," the firm said.
Total assets under management in the three months toend-June were 301.4 billion pounds, Aberdeen said, up 2.9percent from 292.8 billion at the end of March.
Calling the net flows "stubbornly negative" after a 13thstraight quarter of outflows, Shore Capital analyst PaulMcGinnis said he viewed the stock as a 'sell'.
"While 2016 has seen a welcome improvement in investmentperformance, particularly in equities... this will need to besustained to turn around an extended period ofunderperformance," he said in note.
($1 = 0.7614 pounds) (Reporting by Simon Jessop, editing by Sinead Cruise and LouiseHeavens)
