Ashmore Group

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Ashmore Group plc
Company typePublic
LSEASHM
FTSE 250 Component
OTC Pink: AJMPF
IndustryAsset management
Founded1992; 32 years ago (1992)
Headquarters,
United Kingdom
Key people
RevenueDecrease £193.2 million (2023)[1]
Decrease £77.4 million (2023)[1]
Decrease £86.5 million (2023)[1]
AUMDecrease £55.9 billion (2023)[1]
Total assetsDecrease £1,008.7 million (2023)[1]
Total equityDecrease £913.0 million (2023)[1]
Number of employees
309 (2023)[1]
Websitewww.ashmoregroup.com

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.

History

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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

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The company, which specialises in emerging market investments, had $55.9 billion under management as at 30 June 2023.[1]

References

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  1. ^ a b c d e f g h "Annual Report 2023" (PDF). Ashmore Group. Retrieved 12 February 2024.
  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.
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