Ashmore revenues and AUM drop despite EM's 'improving trend'

Average AUM falls 22%

Natalie Kenway
clock • 3 min read

Specialist emerging markets asset manager Ashmore Group has reported a revenue drop of 18% and average assets under management fell 22% for the year ending 30 June 2016, despite a "recovery" in markets and investor sentiment in the second half of its financial year.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

Apologetic OBR 'deeply regrets' early release of Budget document

Apologetic OBR 'deeply regrets' early release of Budget document

OBR apologises to parliament

Linus Uhlig
clock 02 December 2025 • 3 min read
OECD predicts BoE will end rate cuts at 3.5%

OECD predicts BoE will end rate cuts at 3.5%

Inflation forecast at 3.5% for 2025

Michael Nelson
clock 02 December 2025 • 2 min read
Starmer: 'There was no misleading' the public pre-Budget

Starmer: 'There was no misleading' the public pre-Budget

Following calls for Reeves to resign

Linus Uhlig
clock 01 December 2025 • 2 min read
Trustpilot