Ashmore's AUM dips despite positive net flows

Assets under management (AUM) at Ashmore Group fell back in the year to end-June, despite the fund manager enjoying a net inflow of funds in both halves of the year.

Assets under management (AUM) at Ashmore Group fell back in the year to end-June, despite the fund manager enjoying a net inflow of funds in both halves of the year.

AUM at the end of June stood at $63.7bn, down $2.1bn from a year earlier, as overall negative investment performance of $3.4bn exceeded the level of net subscriptions achieved of US$1.3bn.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.