Tuesday was a mixed bag for FTSE 250 trading updates, with Provident Financial predicting a bigger loss for its troubled home credit division and JD Sports and Ashmore reporting that business is booming.
The emerging market specialist Ashmore Group has reported a $6.3bn (£4.7bn) surge in assets under management during the quarter ended 30 September 2017.
MSCI has finally included China A-shares in its emerging market indices, but the decision seems long overdue.
Last week’s £11bn merger between Standard Life and Aberdeen Asset Management was a game changer for the industry. Portfolio Adviser asked several wealth managers and analysts, who’s next?
Emerging markets specialist Ashmore has reported a $6.3bn fall in assets under management and 18% decline in net revenues.
Ashmore Group founder Jerome Booth has launched an emerging markets-focused boutique asset manager.
There is chronic over-estimation of emerging markets risk among investors relative to economic growth levels, according to head of research at EM specialist Ashmore, Jan Dehn.
Ashmore Group has seen its assets under management fall by $2.2bn in the three months to the end of June.
The Ashmore All Chinese Equity Fund launched today, Ashmore said on Monday.
All manner of clichés are dedicated to boosting the confidence of the contrarian, which is understandable given how difficult the role is – especially when you have to report quarterly on fund flows and performance.
With concerns being raised about the sustainability of some of the UK’s larger dividend payers, Income investors are increasingly looking to non-bank financials as a source of sustainable dividends.
Ashmore reported net outflows of $2bn during the quarter to 31 March 2015, but expects modest new subscriptions to continue to pick up.
