FTSE 250 movers: Ashmore rises on record subscriptions

10th Sep 2013 14:39

Record subscriptions helped emerging markets asset manager Ashmore to drive strong net inflows into its funds in the year to June, giving the share price a boost today. Strong net inflows of $13.4bn led to a 22% increase in assets under management (AuM) to $77.4bn during the year, with average AuM rising 13%. British manufacturer of industrial belting products, Fenner, was also on the rise after it told investors that following a 'successful end' to its financial year, its results were expected to be in line with expectations. Oxford Instruments was a heavy faller after saying that while growth in the order intake rate in Industrial Products and third party Service is encouraging, slowness in R&D markets in the Western economies means that the year is likely to be more second half-weighted.African Barrick Gold shares were tracking gold prices lower. The metal was down 1.85% at $1,361 by 16:00. FTSE 250 - RisersAshmore Group (ASHM) 385.60p +6.26%Ocado Group (OCDO) 370.20p +5.77%Laird (LRD) 235.70p +5.41%Imagination Technologies Group (IMG) 301.50p +5.02%Fenner (FENR) 388.20p +4.66%Galliford Try (GFRD) 1,066.00p +4.20%Thomas Cook Group (TCG) 156.10p +4.14%Berendsen (BRSN) 942.00p +3.92%Henderson Group (HGG) 186.00p +3.91%JPMorgan Indian Inv Trust (JII) 328.60p +3.69%FTSE 250 - FallersAfrican Barrick Gold (ABG) 163.40p -11.00%Oxford Instruments (OXIG) 1,401.00p -7.22%Polymetal International (POLY) 748.50p -2.48%Centamin (DI) (CEY) 45.93p -2.11%Moneysupermarket.com Group (MONY) 168.80p -2.03%Telecity Group (TCY) 831.50p -1.77%Daejan Holdings (DJAN) 3,882.00p -1.60%Bumi (BUMI) 208.10p -1.47%United Drug (UDG) 330.50p -1.34%Rank Group (RNK) 157.00p -1.32%NR