Ashmore Group saw assets under management fall by $9bn in the second half of 2015 as investors continued to pull assets from emerging market products.
Assets under management at the EM specialist fell to $49.4bn in the second half of 2015, down 25% from $58.9bn in H1. Net revenue was £116.4m, a 29% decline on the same period in 2014, while profit...
Tech giant still stands out
Reduces chances of rate hike
Designed to park short-term cash
Moving from two existing locations