Ashmore Group AUM jumps 13% amid $1.2bn inflows

Nears $95bn

Ashmore Group, the specialist emerging markets asset manager, has seen its assets under management (AUM) jump 13% to near $95bn in the year to the end of June 2021 as it targets more equity flows and intermediary retail clients.

Net inflows made up $1.2bn of the increase, with investment performance making up the remaining $9.6bn to reach total AUM of $94.4bn. Corporate debt and equities saw their portion of the firms overall AUM up 2% each in the 12 months to 19% and 8% respectively. Ashmore said continued growth in equity AUM is a "strategic priority" adding "there is significant growth opportunity in this business and over the medium term it should represent two to three times the current proportion of AUM". How will emerging markets emerge from inflationary pressures? Ashmore is also targeting an ...