View more on these topics

Ashmore flows flat despite emerging market recovery


Ashmore Group posted a 4 per cent increase in assets in the first quarter of the financial year but net flows remained flat despite an emerging markets recovery.

In a trading update published today, the emerging market-focused fund said assets under management rose to $54.6bn (£44.77bn) from $52.6bn at the end of June.

The increase in assets was mostly attributed to a positive investment performance in debt, equities and multi-asset classes, with neutral performance in alternatives and overlay strategy.

Net flows in the fund were “neutral” for the quarter with small net inflows into the blended debt, local currency, corporate debt and and liquidity themes, although this was offset by net outflows from equities, external debt, and multi-asset.

Ashmore Group chief executive Mark Coombs says the improvement in net flows in the period was “encouraging” given the increasing stability of emerging markets over recent months compared to the same quarter in 2015 and 2014.

He says: “The ongoing recovery in emerging markets asset prices through 2016 and the attractive returns on offer across a diverse range of investment themes are causing investors to reconsider their underweight positions.

“This inevitably takes time, but Ashmore’s consistent investment processes are delivering strong outperformance across fixed income and equities, putting Ashmore in a good position to capture allocations.”



Ashmore assets drop 21% on emerging market fears

Asset manager Ashmore Group has seen a 21 per cent drop in assets under management in the past year as investors continue to pull out of emerging markets. The emerging markets specialist saw assets drop to $58.9bn (£38.35bn) in the year to the end of June 2015, compared to $75bn for a year earlier. The manager […]


Ashmore launches China All Share fund

Ashmore has launched a Chinese equity fund in response to “sustained” investor demand. Structured as a Sicav, the Ashmore All Chinese Equity fund will invest in both the onshore and offshore Chinese equity markets and can allocate to Chinese H-shares, American Depositary Receipt markets and A-shares, using a bottom-up stock picking investment approach. The fund’s retail […]

Ashmore poised for UK retail market

Ashmore Investment Management is understood to be preparing a push into the UK retail market. The firm confirmed that it has appointed a head of UK retail distribution, but cannot yet disclose his or her identity. Christoph Hofmann, the head of global distribution, will also help spearhead the push. It is likely that Ashmore will […]


Guide: day-to-day tasks ​— can your system manage?

This guide from Johnson Fleming will take you through the required communication and also give ideas for additional actions that will ensure your auto-enrolment project is a success. As well as highlighting what is required from a system to ensure it is up to the tasks, an overview of the following is also provided: data validation; data categorisation; employee communication; opt-in process; opt-out process; produce contribution schedule; contribution reconciliation process; upload of member data to pension provider; upload contribution to pension provider; manage salary sacrifice process; enrolment process; re-enrolment process; and management of increased employee queries.

Pension savings-2015

Pension tax relief: parked (for the moment)

The national news agenda has been dominated by pension issues this month. For those that missed it (and there cannot have been many given that this was the lead story in spoken and written media), the Chancellor announced a decision to make no decision on pension tax relief in his 16 March 2016 Budget speech. To […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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