Ashmore Group Plc (ASHM.L)
- Reuters
UK's Ashmore reports further outflows in fourth quarter
LONDON (Reuters) -British fund manager Ashmore reported a further $2 billion of quarterly net outflows of client cash on Friday, as investors continued to shun the specialist firm's funds. In a fourth quarter trading update, Ashmore also said its assets under management fell 5% to $49.5 billion at the end of June, down from $51.9 billion in the prior quarter. Analysts at JPMorgan said in a note that Ashmore's figures missed consensus forecasts, adding that global geopolitical tensions were an unhelpful backdrop for emerging markets flows.
- Fool.co.uk
A 10% yield but down 70%! Time to buy this FTSE gem?
This emerging markets investment group's offering one of the highest dividend yields in the FTSE 350 and is maintaining shareholder payouts. The post A 10% yield but down 70%! Time to buy this FTSE gem? appeared first on The Motley Fool UK.
- Simply Wall St.
The past five years for Ashmore Group (LON:ASHM) investors has not been profitable
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
