Ashmore AuM falls in Q3 as volatility dents investment performance | 16 April 2021
Ashmore AuM falls in Q3 as volatility dents investment performance
Stay updated with breaking news from Lon Ashm. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Ashmore AuM falls in Q3 as volatility dents investment performance
FTSE 100 tops 7,000 as strong China growth stokes global recovery optimism
15 January 2021 | 07:49am StockMarketWire.com - Emerging markets asset manager Ashmore reported a rise in assets under management in the second quarter of the year following and positive investment performance. For the quarter ended 31 December 2020, assets under management increased by US$7.5 billion, 9%, over the period to $93 billion, comprising positive investment performance of US$8.1 billion and net outflows of US$0.6 billion. There were net inflows in the overlay/liquidity, external debt and equities themes, reflecting both new client wins and higher allocations to existing mandates, p...