Ashmore Group PLC (ASHM.L)
12 Dec 2018
Fri, Jul 13 2018
LONDON Shares in emerging markets-focused fund manager Ashmore Group rose on Friday after the firm said it continued to take in money from clients in April-June despite tough market conditions as trade tensions escalated.
* Shares up 2.6 pct; CEO says valuations attractive (Recasts, adds share reaction, analyst quote)
LONDON, July 13 Emerging markets-focused asset manager Ashmore Group said assets under management fell 3 percent in its fourth quarter as weak investment performance offset net inflows of fresh client cash.
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