Ashmore Group PLC (ASHM.L)
22 Sep 2017
* Assets under management increased by $2.8 billion during quarter to end-June.
DUBAI, June 2 Goldman Sachs has applied to Saudi Arabia's capital markets regulator for a licence to trade equities in the kingdom, two sources familiar with the move said, in the latest step by Western banks to expand operations in the country.
LONDON Emerging markets-focused fund manager Ashmore Group saw quarterly net inflows for the first time in nearly three years in the three months to the end of March, helping to drive a 7 percent rise in its total assets.
* CEO says emerging markets look good value versus developed (Adds background, share reaction, analyst quote)
LONDON, April 18 Emerging markets-focused asset manager Ashmore Group said on Tuesday that assets under management rose 7 percent in its third quarter to the end of March, boosted by market gains and net inflows.
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