Page 5 - Mark Coombs News Today

This year’s Sunday Times Rich List revealed mixed fortunes for the UK’s most affluent names in the wealth and asset management world.

In a seventh consecutive session of gains, the FTSE 100 gained 0.1%, or 7.6 points, to 7879.51 and the FTSE 250 rose 0.2%, or 44.21 points, to 19286.9.

Ashmore posted an uptick in third-quarter assets under management on Monday thanks to a positive investment performance, with outflows reducing.

Ashmore Group PLC on Monday reported an increase in assets under management in the three months that ended March 31, due to a positive market environment. Ashmore is a London-based emerging markets... | April 17, 2023

Emerging markets investor Ashmore said profits had plunged by more than half in the first six months of its financial year after investors’ appetite for risk evaporated amid extreme market turbulence.

The Church of the Pilgrimage will celebrate its 400th anniversary with a weekend commemoration Oct. 29 and 30.

Investegate announcements from Ashmore Group Plc, Trading Statement

LONDON (dpa-AFX) - Ashmore Group Plc (ASHM.L), a British investment manager, on Friday said it estimates that its assets under management or AUM to sequentially decline for the first quarter, reflecting

The London-listed firm said the fall was due to net outflows of $5 billion for the three months ended September 30 and a negative investment performance of $3 billion.

The FTSE250 investment manager reported that its assets under management had dropped by £7.1billion to £50billion in the three months to the end of September.