Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
The latest announcement is out from Ashmore Group PLC ( (GB:ASHM) ).
Ashmore Group PLC reported a decline in assets under management by US$3.0 billion for the quarter ending December 2024, driven by net outflows and negative investment performance. Despite increased market volatility ahead of the US election, the company saw net inflows in equities and alternatives, indicating growing client recognition of emerging market opportunities. The company anticipates potential gains in emerging market assets with active management being crucial to capitalize on diverse investment opportunities.
More about Ashmore Group PLC
Ashmore Group PLC is a specialist asset manager focusing on emerging markets. The company primarily offers investment management services, specializing in fixed income, equities, and alternative investment opportunities across over 70 emerging market countries.
YTD Price Performance: -7.50%
Average Trading Volume: 1,171,215
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £974.7M
See more data about ASHM stock on TipRanks’ Stock Analysis page.
