Ashmore benefits from a return to emerging markets

graph up downLondon's emerging market specialist, Ashmore Group, gained net inflows of $1.6 billion (€1.2 billion) across its fund range in the second quarter of the year, highlighting a return of demand for emerging market assets. Combined with investment growth of $3.3 billion, the inflows drove assets under management to $75 billion as of June 30. This assets under management figure is $2.4 billion less than at the same time last year. "Improving sentiment and the consequent market recovery have benefited those investors who remained focused on the economic and political fundamentals in emerging markets and who took the opportunity to invest in mis-priced assets earlier in the year," says Mark Coombs, chief executive. Coombs says the addition of new countries to emerging market indices will support increased allocations to the equity and bond markets in future. The firm says investment returns were particularly strong in its blended debt, local currency, external debt and equities themes. In contrast, returns in its alternatives and overlay/liquidity strategies were flat during the quarter. ©2014 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.