Ashmore Group PLC (GB:ASHM) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Ashmore Group PLC reported a $2.5 billion increase in assets under management (AuM) for the first quarter ending September 30, 2024, with positive investment performance despite net outflows. The Emerging Markets saw strong returns, buoyed by robust macroeconomic conditions and increased investor risk appetite. CEO Mark Coombs highlighted Ashmore’s continued outperformance and the growing investor interest in Emerging Markets.
For further insights into GB:ASHM stock, check out TipRanks’ Stock Analysis page.
