Ashmore Group's assets under management grew by 12% to $58.7bn in the 12 months to 30 June 2017, driven by $4.2bn of investment gains from an "early stages" recovery in emerging markets as the group said there is "plenty of value still to be captured".
The group's end of year results also show Ashmore brought in $1.9bn of net inflows as subscriptions almost doubled from the previous year to $14.8bn. Ashmore AUM increases 4% as emerging markets recover...
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