Ashmore Group AUM drops by $14.3bn in three months amid losses and outflows
Ashmore Group has seen its assets under management drop 18.3% to $64bn in the last three months to June 2022.
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Ashmore Group has seen its assets under management drop 18.3% to $64bn in the last three months to June 2022.
This year’s Sunday Times Rich List saw the positions of the UK's most affluent names in the wealth and asset management sector in the ranking drop.
Emerging market fund manager Ashmore suffered a $9bn fall in its assets under management over the last three months to the end of March.
Assets under management fell by $9bn to $78.3bn in the three months to March, as large institutional investors pulled their cash amid the Ukraine war.
Investegate announcements from Ashmore Group Plc, Director/PDMR Shareholding