BUZZ-EM-exposed asset managers hurt by US rate hike fears
** Ashmore Group (Frankfurt: A1B.F - news) -7.6% and Aberdeen Asset Management -c.6% as US bond yields rise on views Trump's spending plans will push up inflation, possibly triggering more aggressive rate hikes by the Federal Reserve
** Ashmore's worst day since Brexit vote results were announced on June 24, Aberdeen's worst day since June 27
** Jefferies analysts flag risks to Ashmore and Aberdeen which are exposed to emerging economies whose GDP could be hurt from Trump's proposals to reconsider trade agreements
** Pair among most actively traded stocks on FTSE 250 , with twice Ashmore's 30-day daily avg through and 79% of Aberdeen's (Reuters Messaging: pranav.kiran@thomsonreuters.com@reuters.net)