LONDON, July 14 (Reuters) - Emerging markets-focused fund manager Ashmore on Friday posted a 5 percent rise in fourth-quarter assets, boosted by net inflows of new client cash and gains from its investments.
Total assets in the quarter to end-June were $58.7 billion, it said in a statement, with net inflows of $1.2 billion and a positive investment performance of $1.6 billion.
The company said it had seen net inflows into its blended debt, corporate debt, equities and alternatives strategies, but a net outflow from local currency.
Performance was positive across fixed income and equities, with a particularly strong performance in local currency and external debt, it said. (Reporting by Simon Jessop)