LONDON (Reuters) - Emerging markets-focused asset manager Ashmore (L:ASHM) said assets under management rose 11 percent during its first quarter, boosted by net inflows of new client money and investment gains.
Total assets at the end of September were $65 billion (£58 billion), it said in a statement, a gain of $6.3 billion from the prior quarter after investors pumped $4.3 billion into its funds, while market gains added a further $2.3 billion.