Assets under management at fund manager Ashmore picked up sharply in the July - September quarter, largely on the back of a positive investment performance.
The quarter saw assets under management increase 6.8% to $68.0bn, driven by positive investment performance of $3.7bn and net inflows of $0.6bn.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
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
Investment performance was positive across all investment themes.
More to follow ...
JH
-
Could your family be at risk of an unexpected tax bill? How to keep your loved ones in the loopMany families are out of the loop when it comes to planning the financial aspects of both retirement and inheritance
-
Rightmove: Glut of homes for sale in southern England drives asking price dropAsking prices are 0.1% lower than a year ago, according to the property website, driven by challenges in affordability-stretched London and the south
