Image:
Ashmore held significant assets in China
Ashmore Group, the specialist emerging markets asset manager, has seen its assets under management (AUM) drop from $94.4bn to $91.3bn since 30 June 2021.
Assets such as local currency, blended debt, and fixed income all saw 4% drops, with corporate debt decreasing by 8.8%. The company said that the drop comprised of $1bn of net outflows and $2.1bn of negative...
To continue reading this article...
Join Investment week
- 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
