|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||4.4000 - 4.4000|
|52-week range||4.4000 - 6.5700|
|Beta (5Y monthly)||1.26|
|PE ratio (TTM)||11.28|
|Forward dividend & yield||0.23 (4.15%)|
|Ex-dividend date||04 Mar 2021|
|1y target est||N/A|
LONDON (Reuters) -Ashmore Group's assets under management fell by $3.1 billion in the third quarter of 2021, it said on Wednesday, after weakness in emerging markets investments led to a few large institutions withdrawing funds. The UK-listed company said its assets under management dropped to $91.3 billion in the three months to September 30 from $94.4 billion in the prior three-month period. Net outflows of $1 billion over the period were influenced by a small number of large institutional redemptions but there was also a small net outflow from intermediary retail clients, Ashmore said in its statement.
BlackRock Inc and Royal Bank of Canada's BlueBay Asset Management are among asset managers exposed to embattled developer China Evergrande Group, while TCW and HSBC funds have closed positions, researcher Morningstar said. In an analysis Morningstar published on Sept. 24, Morningstar also said UBS Group AG and London-based Ashmore Group PLC funds retained significant holdings in Evergrande debt, based on data current at August-end.
The board of Ashmore Group PLC ( LON:ASHM ) has announced that it will pay a dividend of UK£0.12 per share on the 10th...