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Ashmore Group PLC (ASHM.L)

ASHM.L on London Stock Exchange

380.60GBp
18 Sep 2020
Change (% chg)

4.80 (+1.28%)
Prev Close
375.80
Open
367.40
Day's High
380.60
Day's Low
367.40
Volume
3,929,162
Avg. Vol
1,101,967
52-wk High
581.50
52-wk Low
281.80

Latest Key Developments (Source: Significant Developments)

Ashmore's CEO Sold 10 Mln Co Ordinary Shares For 5.50 Pounds Per Share
Friday, 7 Feb 2020 

Feb 7 (Reuters) - Ashmore Group PLC ::ASHMORE GROUP - CEO MARK COOMBS SOLD 10 MILLION ORDINARY SHARES IN CO FOR PRICE OF 5.50 POUNDS PER SHARE.  Full Article

Ashmore Group CEO And Largest Investor Mark Coombs Cuts Stake In Co To 35.98% - Filing
Friday, 7 Feb 2020 

Feb 7 (Reuters) - Ashmore Group PLC ::ASHMORE GROUP CEO AND LARGEST INVESTOR MARK COOMBS CUTS STAKE IN CO TO 35.98% AS AT FEB 6 FROM AN EARLIER STAKE OF 37.8% - FILING.  Full Article

Ashmore Group H1 assets buoyed by $2.4 bln in net inflows
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Ashmore Group PLC ::SAYS ASSETS UNDER MANAGEMENT (AUM) OF US$76.7 BILLION, 10% HIGHER THAN A YEAR AGO.SAYS RESILIENT NET INFLOWS OF US$2.4 BILLION IN SIX MONTHS REFLECTING BROAD-BASED INSTITUTIONAL CLIENT DEMAND AND CONTINUED GROWTH IN RETAIL AUM.SAYS PROFIT BEFORE TAX OF £93.0 MILLION, 6% LOWER YOY.SAYS SEED CAPITAL MARK-TO-MARKET RESULTED IN A LOSS BEFORE TAX OF £9.7 MILLION (H1 2017/18: £10.5 MILLION GAIN).SAYS DILUTED EPS OF 10.1P AND INTERIM DIVIDEND PER SHARE OF 4.55P.SAYS HAS SEEN A POSITIVE START TO 2019.SAYS MARK COOMBS HAS AGREED WITH BOARD TO MANAGE HIS SHAREHOLDING DOWN TO A MORE APPROPRIATE LEVEL OVER MEDIUM TERM BY SELLING UP TO 4 PERCENT OF ASHMORE STOCK EACH YEAR INTO MARKET.SAYS COOMBS CONTINUES TO BE FULLY COMMITTED TO ASHMORE IN HIS CURRENT ROLE.CEO SAYS EMERGING MARKETS IN GOOD HEALTH WITH HIGH GDP GROWTH, LOW INFLATION, ATTRACTIVE VALUATIONS AND, AFTER A SLIGHT PAUSE IN ALLOCATIONS AT END OF 2018, THERE IS RENEWED MOMENTUM IN CAPITAL FLOWS.CEO SAYS TEMPORARY FACTORS THAT SUPPORTED US DOLLAR IN 2018 ARE FADING, AND CONSEQUENTLY EMERGING MARKETS ASSETS ARE PERFORMING STRONGLY.SAYS OUTLOOK FOR EMERGING MARKETS IN 2019 IS POSITIVE, WITH HEALTHY SPREADS AVAILABLE IN EXTERNAL AND CORPORATE DEBT.SAYS ASSETS UNDER MANAGEMENT WERE $76.7 BILLION AT END-DEC, UP $2.8 BILLION DURING SIX MONTHS.SAYS GROWTH WAS PRIMARILY DELIVERED THROUGH NET INFLOWS OF $2.4 BILLION AND $0.3 BILLION OF ASSETS ACQUIRED IN ASHMORE AVENIDA TRANSACTION.  Full Article