ashmore global opps reprieved from windup
At an EGM held earlier this month, shareholders voted unanimously in favour of not winding up Ashmore Global Opportunities Limited.
At an EGM held earlier this month, shareholders voted unanimously in favour of not winding up Ashmore Global Opportunities Limited.
Ashmore Group, the specialist emerging markets asset manager, saw AUM jump by 9.1% to $65.5bn in the first quarter.
Ashmore Group’s second quarter results show a healthy increase in assets under management of pushing it through the $60bn mark.
Ashmore has expanded its Sicav equity range by launching Emerging Markets Global Equity and Emerging Markets Global Small-Cap Equity funds.
A 20% fall in a 20% holding of the Ashmore Global Opportunities trust has more NAV alarm bells ringing.