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Ashmore Group PLC (ASHM.L)

ASHM.L on London Stock Exchange

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Thu, Feb 9 2017

RPT-UPDATE 1-Fund manager Ashmore's H1 profit rises 32 pct, shares soar

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.

BRIEF-Ashmore Group H1 core profit rises 32 pct to 89.7 mln stg

* Assets under management (aum) of us$52.2 billion (30 june 2016: us$52.6 billion), an increase of 5% over 2016

UPDATE 1-Emerging market fund manager Ashmore hit by impact of U.S. election

* Local currency debt, external debt see outflows (Adds CEO comment, background)

Ashmore sees Q2 assets hit by market moves, outflows

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.

BRIEF-Ashmore says 87 pct shareholders approve remuneration report

* Says 87.21 percent shareholder approve remuneration report for year ended June 30 2016 Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

BRIEF-Ashmore assets under management rise by $2.0 bln in Sept quarter

* Assets under management increased by us$2.0 billion during period, driven solely by positive investment performance

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