Financial Times on Nostr: Live news: Ashmore suffers another $2bn of net outflows ========== Ashmore, an ...
Live news: Ashmore suffers another $2bn of net outflows
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Ashmore, an investment management firm, has experienced $2 billion of net outflows. This comes after the company reported $1.5 billion of net outflows in the previous quarter. The outflows are attributed to investor concerns about emerging markets and the impact of rising interest rates. Ashmore's assets under management have decreased to $97.4 billion, down from $98.9 billion in the previous quarter. The company's shares have also fallen by 3.5% in response to the news.
https://www.ft.com/content/0074bb37-20a6-4e4c-9899-bcb285d944ed
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Ashmore, an investment management firm, has experienced $2 billion of net outflows. This comes after the company reported $1.5 billion of net outflows in the previous quarter. The outflows are attributed to investor concerns about emerging markets and the impact of rising interest rates. Ashmore's assets under management have decreased to $97.4 billion, down from $98.9 billion in the previous quarter. The company's shares have also fallen by 3.5% in response to the news.
https://www.ft.com/content/0074bb37-20a6-4e4c-9899-bcb285d944ed