Ashmore Group Plc (ASHM.L)
| Previous close | 180.40 |
| Open | 182.00 |
| Bid | 179.80 x 0 |
| Ask | 180.30 x 0 |
| Day's range | 178.50 - 183.80 |
| 52-week range | 156.20 - 249.60 |
| Volume | |
| Avg. volume | 834,406 |
| Market cap | 1.198B |
| Beta (5Y monthly) | 1.08 |
| PE ratio (TTM) | 12.03 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.17 (9.37%) |
| Ex-dividend date | 29 Feb 2024 |
| 1y target est | N/A |
- Bloomberg
Ashmore Counters Consensus With Big Bet on China Over India
(Bloomberg) -- London-based asset manager Ashmore Group PLC is reducing its exposure to Indian equities and has made China the #1 pick in its emerging-markets fund, arguing that India’s stock market is overhyped and overcrowded while China’s is set for a rebound.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingChina Tells Iran Cooperation Will Last After Attack on IsraelWhat If Fed Rate Hikes Are Actually Sparking US Economic Boom?Tesla Asks Investors to Approv
- CityAM
Ashmore: Billions more pulled from asset manager as emerging markets’ demand sags
Emerging markets asset manager Ashmore Group reported that customers pulled billions more from their funds at the start of 2024.
- Reuters
Asset manager Ashmore's share fall on worse than expected outflows
The company reported outflows of $2 billion in its financial third quarter to March 31, reducing assets under management to $51.9 billion from $54 billion on Dec. 30. That decline was driven by institutional clients looking to curb risk, primarily in local currency, blended debt and corporate debt, Ashmore said. Equities investment, meanwhile, registered a small net inflow and hard currency markets fared well.
