Within the firm’s newest half-year outcomes launched right this moment (7 February), the specialist rising markets asset supervisor reported pre-tax income of £49.9m within the six months ending 31 December, down from £74.5m over the identical interval a yr earlier than, marking a 33% drop.
EM outperformance provides $2.5bn to Ashmore Group AUM as outflows gradual
In line with the report, “the US election outcome exaggerated the already stretched valuation of the US fairness market, contributed to greater volatility in charges markets and saved a deal with varied conflicts and geopolitical dangers world wide”.
As a resu…
