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Ashmore Group PLC (ASHM.L)

ASHM.L on London Stock Exchange

368.60GBp
14 Dec 2018
Change (% chg)

-8.20 (-2.18%)
Prev Close
376.80
Open
374.00
Day's High
374.20
Day's Low
367.80
Volume
727,424
Avg. Vol
999,608
52-wk High
447.20
52-wk Low
334.60

Latest Key Developments (Source: Significant Developments)

Ashmore Group Says David Bennett To Succeed Peter Gibbs As Chairman
Monday, 2 Jul 2018 03:44am EDT 

July 2 (Reuters) - Ashmore Group PLC ::PETER GIBBS WILL RETIRE AS CHAIRMAN AND A DIRECTOR FOLLOWING ANNUAL GENERAL MEETING OF COMPANY ON 19 OCTOBER 2018.AFTER DUE CONSIDERATION NOMINATIONS COMMITTEE CONCLUDED THAT PETER WILL BE SUCCEEDED AS CHAIRMAN BY DAVID BENNETT.CLIVE ADAMSON WILL BECOME SENIOR INDEPENDENT DIRECTOR AND CHAIR OF AUDIT AND RISK COMMITTEE.  Full Article

Saudi's CMA approves business profile amendment of Ashmore Investment Saudi Arabia
Wednesday, 20 Sep 2017 08:36am EDT 

Sept 20 (Reuters) - CAPITAL MARKET AUTHORITY SAUDI ARABIA::SAYS BOARD APPROVES ASHMORE INVESTMENT SAUDI ARABIA'S REQUEST FOR AMENDMENT OF ITS BUSINESS PROFILE BY ADDING ARRANGING ACTIVITY.SAYS ASHMORE INVESTMENT SAUDI ARABIA IS NOW AUTHORIZED TO CONDUCT MANAGING INVESTMENT FUND, DISCRETIONARY PORTFOLIO MANAGEMENT ARRANGING, ADVISING ACTIVITIES.  Full Article

Ashmore Group H1 core profit rises 32 pct to 89.7 mln stg
Thursday, 9 Feb 2017 02:05am EST 

Ashmore Group Plc : Half-Year report . Assets under management (aum) of us$52.2 billion (30 june 2016: us$52.6 billion), an increase of 5% over 2016 . Net revenue increased 24% to £144.1 million . Adjusted ebitda increased 32% to £89.7 million; margin increased from 63% to 66% . Profit before tax increased 94% to £121.5 million . Interim dividend per share maintained at 4.55p .Combination of attractive absolute and relative returns, accelerating gdp growth, and low allocations all support expectation of further strong performance in 2017.  Full Article

UPDATE 2-Inflows buoy Ashmore despite emerging market trade tremors

* Shares up 2.6 pct; CEO says valuations attractive (Recasts, adds share reaction, analyst quote)