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Emerging markets specialist Ashmore Group (LSE:ASHM) PLC attempted to divert attention away from declining assets under management (AuM) and profits in...
The Cambridge company said it expected a 'tale of two halves' in the year ahead with growth only coming in the second half. The stock fell 2.5%.
The Cambridge company said it expected a 'tale of two halves' in the year ahead with growth only coming in the second half. The stock fell 2.5%.
Ashmore Group PLC on Friday reported a decrease in its assets under management, hurt by almost USD3 billion worth of outflows. Ashmore, an emerging markets-focused investment manager, said its...
LONDON (Reuters) -Investment group Ashmore's assets under management dropped by $1.8 billion in the three months to June 30, down 3% from the previous quarter, as investors retreated from emerging markets owing to global macroeconomic uncertainties.