Ashmore reports $2.1bn fall in assets under management
15th Apr 2024 07:37
(Sharecast News) - Specialist emerging markets asset manager Ashmore said in an update on Monday that assets under management decreased by $2.1bn in the March quarter, which it attributed to negative investment performance of $0.1bn and net outflows of $2bn.
Read moreLondon close: Stocks finish higher after very quiet Monday
12th Feb 2024 17:11
(Sharecast News) - London markets managed modest gains by the close of a subdued trading session on Monday, with no significant corporate or economic catalysts driving movements.
Read moreJPMorgan reiterates 'underweight' on Ashmore, says re-rating has gone too far
12th Feb 2024 07:19
(Sharecast News) - JPMorgan Cazenove nudged down its price target on Ashmore on Monday and reiterated its 'underweight' rating as it argued that the re-rating has gone too far.
Read moreAshmore sees interim AuM slide, remains optimistic for full year
7th Feb 2024 07:49
(Sharecast News) - Nervous investors pulled billions of dollars from Ashmore Group funds at the end of 2023, the specialist asset manager said on Wednesday.
Read moreAshmore reports AuM growth in December quarter
15th Jan 2024 07:16
(Sharecast News) - Specialist asset manager Ashmore Group reported an increase in its assets under management (AuM) for the quarter ended 31 December on Monday.
Read moreLondon close: Stocks rise as BoE keeps rates steady
2nd Nov 2023 15:12
(Sharecast News) - London's stock markets ended the day on a positive note on Thursday, following the Bank of England's decision to maintain interest rates as markets widely expected.
Read moreLondon close: Stocks finish lower on global stability concerns
13th Oct 2023 16:45
(Sharecast News) - London stocks ended on a downbeat note on Friday after a hotter-than-expected US inflation print overnight, and escalating oil and gas prices fuelled anxiety across the board.
Read moreAshmore see first-quarter AuM drop 8%
13th Oct 2023 07:45
(Sharecast News) - Emerging markets asset manager Ashmore Group saw an 8% drop in assets under management (AuM) in its fiscal first quarter on the back of ongoing market volatility and risk aversion.
Read moreBroker tips: Ashmore, Melrose Industries, Babcock
11th Sep 2023 16:58
(Sharecast News) - Shares of emerging markets investment manager Ashmore have tanked since the start of the year but still don't represent a buying opportunity, according to Citi, which maintained its 'sell' rating on the stock on Monday.
Read moreAshmore still a 'sell' despite share-price slump, says Citi
11th Sep 2023 07:55
(Sharecast News) - Shares of emerging markets investment manager Ashmore have tanked since the start of the year, but still don't represent a buying opportunity, according to Citi which maintained its 'sell' rating on the stock on Monday.
Read moreLondon close: Stocks slip on rising oil price concerns
6th Sep 2023 17:43
(Sharecast News) - London's stock markets closed in negative territory on Wednesday, as a significant rise in oil prices fuelled investor concerns over inflation.
Read moreAshmore annual earnings fall due to higher outflows
6th Sep 2023 07:24
(Sharecast News) - Ashmore reported a fall in annual profits as assets under management (AuM) declined 13% as customers withdrew their cash amid volatile markets.
Read moreNet outflows lead to fall in assets under Ashmore's management
14th Jul 2023 07:25
(Sharecast News) - Ashmore Group reported a $1.8bn decrease in assets under management in the June quarter on Friday, on the back of positive investment performance of $1.1bn, but net outflows of $2.9bn.
Read moreAshmore Q3 AuM tick up, outflows reduce
17th Apr 2023 08:51
(Sharecast News) - Ashmore posted an uptick in third-quarter assets under management on Monday thanks to a positive investment performance, with outflows reducing.
Read moreAshmore H1 profits drop amid 'subdued' investor appetite
8th Feb 2023 08:02
(Sharecast News) - Emerging markets asset manager Ashmore posted a drop in first-half profits on Wednesday as it pointed to "subdued" risk appetite in the face of several global macro and geopolitical headwinds.
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