Ashmore Group PLC (ASHM.L)
27 Jun 2017
Tue, Apr 18 2017
* CEO says emerging markets look good value versus developed (Adds background, share reaction, analyst quote)
LONDON, April 18 Emerging markets-focused asset manager Ashmore Group said on Tuesday that assets under management rose 7 percent in its third quarter to the end of March, boosted by market gains and net inflows.
LONDON, Feb 9 UK-based fund manager Ashmore Group posted an above-forecast 32 percent rise in first-half core profits on Thursday, following strong investment returns in emerging markets and sending its shares to the top of the FTSE mid-cap index.
* Assets under management (aum) of us$52.2 billion (30 june 2016: us$52.6 billion), an increase of 5% over 2016
* Local currency debt, external debt see outflows (Adds CEO comment, background)
LONDON, Jan 16 Ashmore Group plc says assets under management fell by $2.4 billion during its second quarter, hit by negative markets movements and demand from investors to withdraw their money.