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Opening Quote: Ashmore boosted by surge in emerging market interest

Summary:
Ashmore boosted by surge in emerging market interest. FT Opening Quote is your early Square Mile briefing. You can sign up for the full newsletter here. Ashmore, the FTSE-250 listed asset manager, attracted inflows of .3bn in its latest fiscal period as investors flocked to emerging markets despite geopolitical uncertainty.The fund house, which specialises in emerging market debt, saw its assets under management increase 10.7 per cent to bn during the three months to September 30 as positive investment performance boosted growth. The results mark its third consecutive quarter of inflows following two years of net withdrawals.“Investors are increasingly focusing on emerging markets and it is encouraging to see strong inflows this quarter,” said Mark Coombs, chief executive. “Ashmore’s

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Ashmore boosted by surge in emerging market interest. FT Opening Quote is your early...

Siona Jenkins
Former Cairene; FT Middle east news editor. Views my own.

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