MutualFundWire.com: An EM Shop Beats Flow Forecasts by Nearly 500%
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Thursday, April 11, 2013

An EM Shop Beats Flow Forecasts by Nearly 500%


Ashmore had good first quarter.

Reuters reports that the emerging markets specialist saw $7.3 billion of inflows for the quarter, compared to the $1.3 billion anticipated by analysts.

The newswire reports that the net inflows take Ashmore's AUM to $77.7 billion. Bloomberg also notes that the firm's AUM has more than doubled since mid-2010.

Read more in Bloomberg.


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