BREAKING NEWS

BREAKING NEWS

Ashmore first quarter assets up 11 percent on net inflows, market gains

Now Reading:

Ashmore first quarter assets up 11 percent on net inflows, market gains

Text size Aa Aa

LONDON (Reuters) – Emerging markets-focused asset manager Ashmore <ASHM.L> said assets under management rose 11 percent during its first quarter, boosted by net inflows of new client money and investment gains. Total assets at the end of September were $65 billion (£58 billion), it said in a statement, a gain of $6.3 billion from the prior quarter after investors pumped $4.3 billion into its funds, while market gains added a further $2.3 billion.​

(Reporting by Simon Jessop; Editing by Rachel Armstrong)
euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.