Ashmore assets drop over first quarter amid deteriorating sentiment
Ashmore assets drop over first quarter amid deteriorating sentiment | Financial News
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Ashmore assets drop over first quarter amid deteriorating sentiment | Financial News
Assets under management fell to $91.3billion in the three months to the end of September, with Ashmore's investment funds having been impacted by volatile market conditions.
Assets under management fell to $91.3billion in the three months to the end of September, with Ashmore's investment funds having been impacted by volatile market conditions.
In results for the year to the end of June, the firm reported a profit of £282.5m, a 28 per cent increase on the previous year, while the value of its assets climbed 13 per cent to £68.2billion.
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