View more on these topics

Ashmore adds sterling class to emerging funds

Ashmore Investment Management has launched sterling share classes for two existing emerging market Luxembourg-domiciled Sicav funds.

Both the Ashmore Emerging Market Debt fund and the Ashmore Local Currency fund are daily dealing emerging market debt sub-funds.

The Ashmore Emerging Market Debt fund invests primarily in dollar denominated debt, and the Local Currency fund holds local currency debt. They now have institutional and retail sterling share classes, as well as in dollars and euros.

In a statement issued today, Ashmore says the new sterling share classes were created in response to growing British client demand. Emerging debt and currencies offer value not seen for a decade, and provide a more balanced risk/return trade-off than equities at this point, the statement says.

Recommended

Caversham goes into liquidation

London IFA firm Caversham Buchanan entered voluntary liquidation on May 13 and liquidator Asher Miller of David Rubin & Partners was appointed.

1

Canada Life follows suit on postcode annuities

Canada Life will join Legal & General, Aviva and Prudential in offering postcode annuities by the fourth quarter.Canada Life and Aegon are the only major annuity providers not to price their annuities based on customers’ postcodes.Experts claim that given L&G, Aviva and Prudential control more than 40 per cent of the annuity market, Canada Life […]

Where next for the price of oil?

Having stabilised at around $65 a barrel, many investors are questioning if the price of oil will rise, and when. Richard Hulf provides his view. Richard Hulf, manager of the Artemis Global Energy Fund, sets out his thoughts about how the oil price may move through the next six months. At the start of the […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com