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Ashmore Outflows Slow as Investment Performance Boosts Assets

Ashmore Outflows Slow as Investment Performance Boosts Assets

Bloomberg19 hours ago
Ashmore Group Plc outflows slowed in the last quarter with positive investment performance contributing to a rise in assets of the emerging-markets-focused fund manager.
Clients pulled a net $800 million in the three months through June, down from the $3.9 billion in the previous quarter, according to a statement on Monday. The London-based firm said 'subscription levels were consistent and investors' risk appetite generally remains subdued given macro events.'
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