‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Shares in Liontrust and Ashmore fall as money managers grapple with ‘challenging economic environment’ July 14, 2023 Shares in FTSE-250 listed money managers Liontrust and Ashmore slumped on Friday morning after both reported fund outflows over the past three months. Liontrust saw net outflows of £1.6bn in the last quarter as it prepares to acquire GAM Holding. Its assets under management (AuM) stood at £29.5bn at June 30, a decrease of six [...]
Ashmore: AUM flatline as asset manager takes hit from ‘stresses in banking system’ April 17, 2023 Ashmore has said the assets under management were broadly stable in the most recent quarter despite high interest rates and ongoing market turbulence. The London-listed asset manager reported a total increase of funds under management of just one per cent for the quarter ending on March 31 on Monday, to a total of £46.4bn ($57.7bn.) [...]
Asset manager Ashmore suffers due to war, inflation and high rates but looks to improving conditions September 2, 2022 Emerging Markets asset manager the Ashmore Group suffered due war, inflation and higher interest rates, but hopes the next 12 months offers potential for better conditions. The group registered $64bn assets under its management but 13 per cent lower net revenue year-on-year for the year ending 30 June. Its statutory profit before tax declined by [...]
Investment group Ashmore loses $3bn assets as emerging markets struggle October 14, 2021 Assets under management at Ashmore Group dropped by $3.1bn in the third quarter of 2021, the UK-listed company said in an investor update this morning. The news marks a blow for the company, which specialises in emerging markets, as just last month the firm saw its assets under management swell to almost $95bn over the [...]
Ashmore managed assets near $95bn as economic recovery ‘picks up’ September 3, 2021 Ashmore has seen its assets under management swell to a near $95bn over the past year, which its boss has put down to the “picking up” of economic recovery. Assets increased by 13 per cent to a total of $94.4bn in the year to 30 June, as it recorded an investment performance of $9.6bn. Shares [...]
Assets under management swell $4.5bn at Ashmore July 14, 2021 Assets under management swell $4.5bn at Ashmore
Ashmore assets under management near $100bn after strong inflows January 15, 2020 Positive investor sentiment towards emerging markets has helped boost specialist asset manager Ashmore close to the $100bn (£77bn) assets under management (AUM) milestone. In an update to the stock exchange today, Ashmore reported a 7.1 per cent increase in AUM, which jumped $6.5bn in the three months to 31 December to $98.4bn. Read more: Provident [...]
Shares in asset manager Ashmore fall amid ‘challenging’ emerging markets January 15, 2019 Assets under management at Ashmore Group edged upwards in the three months to 31 December against “challenging markets”, the asset manager said in a trading update today. The emerging markets specialist saw the value of its funds rise $300m (£235.2m) to an estimated $76.7bn. Read more: Top adviser joins firm aiming to ‘open up’ emerging markets The [...]
Ashmore assets shrink again as investors flee emerging markets April 14, 2015 The figures Ashmore struggled to combat a retreat from emerging markets as its assets under management shrunk once again in the third quarter ended 31 March 2015. Total assets dropped to an estimated $61.1bn (£41.66bn), a fall of 4.1 per cent from the $63.7bn held at the end of the last quarter. The investment [...]
Ashmore assets continue to fall as investors retreat from emerging markets February 24, 2015 The figures Specialist emerging markets manager Ashmore has once again been hit by a strong dollar and a leak in investment. In the six months ending 31 December 2014, assets under management fell 15 per cent to $63.7bn (£41.7bn) as investors pulled $4.5bn from the company. Average assets under management were $71.2bn – eight per [...]