Emerging markets specialist asset manager Ashmore Group increased profit before tax by 94% in the last six months of 2016, despite outflows of $700m.
The group, which released results for the six months to 31 December 2016 this morning, said profit before tax had increased 94% to £121.5m, up from £62.7m in the first half of the year. Assets under...
The US dollar is close to peaking and the risks now seem to be on the downside.
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