Archive
Busy week to end with Ashmore update, data flurry from China
Friday's releases will give an overview on how emerging markets are doing
Company
Ashmore Group
LON:ASHM
Ashmore Investment Management Limited is one of the world's leading investment managers dedicated to emerging markets with a history of consistently outperforming the market. Ashmore focuses on a number of investment themes including dollar debt, local currency, special situations (incorporating distressed debt and private equity) corporate high yield and equity.
148 stories · page 3 of 8
Archive
Ashmore overstretched, sector premium has gone too far, says broker
Analysts at Shore Capital said they thought the risk/reward profile for the investment manager's current share price was "unfavourable"
Asian countries to dominate emerging markets even amid COVID-19 volatility
Emerging markets have outperformed developed markets during the pandemic and are poised for further growth
Investments and investor services
Ashmore profits jump as emerging markets bounce back from coronavirus
“Subject to the evolution of the COVID-19 pandemic, the overall picture therefore supports continued superior growth by emerging countries"
Investments and investor services
Ashmore sees more outflows despite continued emerging markets fund outperformance
Assets under management increased by US$7.5bn to US$93bn in the three months to end-December
Investments and investor services
Ashmore assets accumulate as markets offset outflows
AUM increased by 2.3% to US$85.5bn over the past quarter, following a 9% reduction in the previous 12-month period
Investments and investor services
Ashmore maintains final dividend, says emerging markets still offer good value
Performance of the group’s funds was impacted by the fall in global markets in its third quarter, but the investment manager said its processes generated “significant alpha” in the recovery
Investments and investor services
FTSE 100 ends the week on higher note despite subdued trading
The UK's top share index finished the day ahead by over 28 points at 6,032, aided by the weaker sterling, which shed 0.24% against the US dollar
Archive
Macroeconomics to be Friday's focus, with UK GDP growth and US CPI inflation numbers on tap
On the corporate front, Ashmore Group’s full-year results may be of extra interest for investors with an interest in emerging markets
Investments and investor services
Ashmore sees opportunities as emerging markets trade at unwarranted discount
"It is increasingly apparent that the emerging markets in aggregate are less likely to suffer a recession as severe as that in the developed world," said CEO Mark Coombs
Ashmore and Man Group downgraded as fund underperformance expected to hit client flows
In the UK, the analysts like platform businesses such as Hargreaves Lansdown and St James's Place
Investments and investor services
Ashmore downgraded to ‘underweight’ by JP Morgan over exposure on risky emerging markets
Analysts expect Ashmore to continue posting negative quarterly results, after the three months to March saw a US$3.6bn outflows
Investments and investor services
Ashmore's emerging market assets plunge 22% in Q1 amid coronavirus sell-off
With Ashmore funds generally underperforming falling benchmarks in the period analysts at Shore Capital said the investment performance was “materially worse than we had expected”
Investments and investor services
Ashmore profits surge on strong inflows as emerging markets rally
Even though emerging markets have been volatile, returns have remained good
Investments and investor services
Ashmore assets ascend, argues emerging markets outlook "positive"
There is a "significant relative value and the diversity of investment opportunities" in emerging markets, said chief executive Mark Coombs
Investments and investor services
Ashmore attracts net inflows but US dollar weighs on returns
A stronger US dollar affected local currency and equity returns, while the US Treasury rally supported external debt pricing
Investments and investor services
Ashmore says emerging markets valuations “highly attractive” but US policy casts shadow
“The main risks relate to the US and the impact that its confrontational trade policy and slowing domestic growth will have on the broader global economy”
Archive
FTSE 100 closes higher but stocks are subdued after mixed US jobs report
The UK's premier share index closed 11.17 points higher, at 7,282.34. Over the week as a whole, a busy one if you like UK political drama, it added 1.04%
Builders and building materials
US non-farm payrolls to dominate quiet Friday in London
The jobs report comes with investors anticipating a Federal Reserve rate cut in September of 25 basis points
Ashmore delivers strong growth in assets under management
Global market conditions improved through the quarter as US/China trade tensions eased, central banks in Europe and the US turned more dovish and the US dollar weakened.