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Fund manager Ashmore gets Q4 assets under management boost

Reuters - UK Focus

LONDON, July 10 (Reuters) - Emerging market-focused fund manager Ashmore Group (Other OTC: AJMPF - news) said on Thursday that assets under management increased during its fourth quarter to $75.0 billion.

That gain was through a combination of net inflows totalling $1.6 billion and positive investment performance of $3.3 billion, it added in a statement.

The inflows were delivered across a range of fixed income and equities themes, it said, while there were net outflows in external debt and overlay/liquidity themes. (Reporting by Simon Jessop; editing by Matt Scuffham)