Ashmore Group

Ashmore Group plc is a large British investment manager dedicated to the emerging markets. Headquartered in London, it is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Ashmore Group plc
TypePublic
LSE: ASHM
FTSE 250 Component
OTC Pink: AJMPF
IndustryAsset management
Founded1992 (1992)
Headquarters,
United Kingdom
Key people
RevenueDecrease £254.4 million (2022)[1]
Decrease £119.2 million (2022)[1]
Decrease £91.9 million (2022)[1]
AUMDecrease £64.0 billion (2022)[1]
Total assetsDecrease £1,098.2 million (2022)[1]
Total equityIncrease £966.8 million (2022)[1]
Number of employees
315 (2022)[1]
Websitewww.ashmoregroup.com

History

The business, which was established by the Australia and New Zealand Banking Group ('ANZ') to manage the ANZ Emerging Markets Liquid Investment Portfolio in 1992, was bought out from ANZ by its management team in 1999.[2] It was the subject of an Initial public offering on the London Stock Exchange in 2006[3] and it acquired the Virginia-based firm, Emerging Markets Management L.L.C., in 2011.[4]

Operations

The company, which specialises in emerging market investments, had $83.6 billion under management as at 31 December 2020.[1]

References

  1. "Annual Report 2022" (PDF). Ashmore Group. Retrieved 16 February 2023.
  2. "U.K's Ashmore Group Aims to Deepen Emerging Markets Presence". Institutional Investor. Retrieved 14 May 2015.
  3. "Dilemma for Ashmore over £500m IPO". Financial News. 5 June 2006. Retrieved 27 February 2021.
  4. "Ashmore buys 'Mr Emerging Markets' in US expansion". Financial News. 13 October 2011. Retrieved 27 February 2021.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.