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Ashmore Group Q2 AUM Sequentially Increases

Ashmore Group plc (ASHM.L), a specialist Emerging Markets asset manager, reported that Assets under management or AuM for the second-quarter increased by $6.5 billion to $98.4 billion from the prior quarter, reflecting net inflows of $3.3 billion and investment performance of $3.2 billion.

The company noted that the outlook for capital flows to Emerging Markets in 2020 remains positive. It remains well-positioned to capture its share of higher allocations to Emerging Markets.

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