Ashmore rises on record inflows

Ashmore rises on record inflows

Ashmore (ASHM) gained record net inflows of $16.9bn (£13m) during the year to June, offsetting $1.3bn in negative market movements and boosting assets under management more than a quarter to $74bn. While management doesn’t expect "very strong" inflows to repeat this year, interest from clients during July and August has been higher than usual, according to group finance director Tom Shippey.

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