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.

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