Ashmore gets funds boost

City A.M. Reporter
INVESTMENT manager Ashmore Group attracted $600m (£376m) of net inflows from clients between July and September, a sign of sustained investor appetite for its emerging market funds despite recent volatility.

The inflows – strongest in its debt products – combined with positive investment performance to raise Ashmore’s assets under management to $78.5bn at the end of September. The firm said it remained optimistic about emerging markets investment opportunities.