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Ashmore Group PLC on Thursday said that its near-term outlook for emerging markets investment is underpinned by continued superior growth compared with the developed world, as assets under management rose sharply. Ashmore shares were up 17% to 212.80 pence on Thursday morning in London. The London-based emerging markets-focused asset manager said positive net flows were spread across fixed income and equities, reflecting investor interest in emerging markets. Total assets under management stood at $52.5 billion at December 31, up 7.8% from $48.7 billion at September 30. The £3.8 billion increase in AuM was thanks to $2.6 billion in positive net flows and $1.2 billion in positive investment performance in the three months to December 31, which is the second quarter of the firm’s financial 2026. The company’s financial year ends at June 30. Ashmore said that inflows reflected rising investor interest across outperforming emerging markets in 2025 amid ‘inherent risks’ of maintaining portfolios that have become heavily weighted to the US. Chief Executive Officer Mark Coombs said: ‘Ashmore delivered good AuM growth over the quarter with meaningful net inflows across fixed income and equities investment themes, in both global and local businesses, and continued strong investment performance for clients. It is clear that investors are acting upon the attractive risk/reward opportunities available across emerging markets and are benefiting from the continued outperformance of these markets. ‘The near-term outlook for emerging countries is underpinned by continued superior economic growth compared with the developed world, relatively low or falling inflation and central banks cutting interest rates in many countries, the potential for market-friendly election outcomes in the coming year, and the benefits of a weaker US dollar. This positive environment, together with the pressure on overweight US positions, supports additional allocations to the emerging markets asset classes and an increasingly complex geopolitical situation underpins the need for active investment management to deliver outperformance.’ Copyright 2026 Alliance News Ltd. All Rights Reserved.
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