Ashmore sees strong rise in AuM

Emerging markets asset manager Ashmore Group saw assets under management (AuM) recover strongly in its third quarter, following a fall in the first half.

Emerging markets asset manager Ashmore Group saw assets under management (AuM) recover strongly in its third quarter, following a fall in the first half.

AuM totalled $65.9bn by March 31st 2012, up 9.1% over the three-month period, helped by net inflows of $1.2bn and the positive investment performance of $4.3bn.

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