Ashmore sees $4bn of outflows in first quarter
14th Apr 2025 09:05
(Sharecast News) - Shares in Ashmore dropped sharply on Monday after the emerging markets-focused asset manager reported a 5% drop in assets under management (AUM) over the first quarter of 2025.
Read moreUBS upgrades Ashmore to 'buy', shares surge
14th Mar 2025 10:21
(Sharecast News) - Ashmore surged on Friday after UBS upgraded shares of the emerging markets investment manager to 'buy' from 'neutral' and lifted the price target 180p from 175p, as it said flow momentum, investor rotations and an attractive valuation lead to a favourable risk-reward.
Read moreLondon close: Stocks mixed on corporate earnings, Trump tariff threats
27th Feb 2025 15:43
(Sharecast News) - London stocks closed in a mixed state on Thursday, with the top-flight index recovering from a weaker open as investors absorbed fresh US jobless claims data and a wave of corporate earnings reports.
Read moreAshmore assets under management broadly stable
7th Feb 2025 07:47
(Sharecast News) - Ashmore Group reported broadly stable assets under management at $48.8bn for the six months ended 31 December on Friday, as improved net flows and reduced redemptions helped to offset market volatility.
Read moreLondon close: Stocks firmer after UK, US inflation data
15th Jan 2025 15:03
(Sharecast News) - London's stock markets closed significantly higher on Wednesday, buoyed by positive inflation data from both sides of the Atlantic.
Read moreAshmore Q2 outflows improve
15th Jan 2025 09:12
(Sharecast News) - Investment manager Ashmore said on Wednesday that outflows had nearly halved during Q2 as it continued to deal with the impacts of a stronger US dollar.
Read moreLondon close: Stocks mixed as US jobless claims fall again
8th Jan 2025 15:01
(Sharecast News) - London's stock markets ended Wednesday on a mixed note, as investors digested another fall in jobless claims across the Atlantic, after some disappointing corporate news earlier in the session.
Read moreJefferies downgrades Ashmore to 'hold' from 'buy'
8th Jan 2025 10:36
(Sharecast News) - Jefferies downgraded Ashmore on Wednesday to 'hold' from 'buy' and it cut the price target to 170p from 220p as it said it was moving to the sidelines until a macro catalyst emerges.
Read moreLondon close: Stocks higher ahead of UK jobs, inflation data
14th Oct 2024 15:06
(Sharecast News) - London stocks finished higher on Monday, reversing earlier losses driven by disappointment over China's weekend stimulus announcement.
Read moreAshmore puts in solid Q1 performance on emerging market strength
14th Oct 2024 07:38
(Sharecast News) - Shares in Ashmore rose strongly on Monday after the emerging market asset manager reported a 5% increase in assets under management (AuM) in the first quarter, helped by a positive investment performance and increasing investor appetite.
Read moreLondon close: Stocks slip as investors digest US jobless claims
5th Sep 2024 18:02
(Sharecast News) - London's stock markets closed in negative territory on Thursday, as investors digested a slightly lower-than-expected jobless claims number out of the United States.
Read moreAshmore reports full-year profit growth despite AuM challenges
5th Sep 2024 07:48
(Sharecast News) - Emerging markets-focussed asset manager Ashmore Group reported a relatively positive set of final results on Thursday, despite some challenges in assets under management (AuM).
Read moreThursday preview: US services data, Ashmore Group in focus
4th Sep 2024 13:46
(Sharecast News) - Investors' focus on Thursday will be on the US services sector.
Read moreOutflows mount at Ashmore on 'subdued' risk appetite
12th Jul 2024 07:01
(Sharecast News) - Assets under management at Ashmore Group fell in the last quarter, the specialist fund manager said on Friday, on the back of weaker investor sentiment.
Read moreFriday preview: US producer prices, Ashmore Group in focus
11th Jul 2024 07:39
(Sharecast News) - Inflation will continue to be in focus on either side of the Pond at the end of the week.
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