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Ashmore enjoys assets surge

Ashmore enjoys assets surge

In September 2019, you will not catch many multibillion-pound money managers describing their investment universe as “relatively healthy, with economic indicators such as GDP growth and inflation continuing to trend favourably”. But then again, emerging markets-focused Ashmore (ASHM) is not concerned with the so-called developed economies, which it sees as mired in “political upheaval and lacklustre economic growth as a result of too much debt and a lack of reforms”.

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