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Ashmore Group PLC ( (GB:ASHM) ) has shared an announcement.
For the six months ending December 2024, Ashmore Group PLC reported stable assets under management (AuM) at $48.8 billion, with a slight positive performance. Despite a challenging market environment, Ashmore successfully reduced redemptions, maintained a strong balance sheet, and declared an unchanged interim dividend. The company highlighted a strong macroeconomic outlook for emerging markets, citing robust fundamentals and significant investment opportunities. Ashmore aims to leverage its active investment processes to navigate market volatility and capture long-term growth potential.
More about Ashmore Group PLC
Ashmore Group PLC is a specialist asset manager focused on emerging markets, offering investment management services primarily in fixed income, equities, and alternative investments. The company targets growth by diversifying its business, increasing equities and local platform investments, and concentrating on emerging market clients.
YTD Price Performance: 7.25%
Average Trading Volume: 1,143,505
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.13B
See more data about ASHM stock on TipRanks’ Stock Analysis page.
