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Ashmore assets rise towards $100bn

Investors flocked to products focused on emerging market debt at the end of 2019 — particularly that denominated in local currencies, rather than US dollars

Ashmore, a UK-listed fund manager focused on emerging markets, boosted its overall assets during the final three months of 2019 and beat analysts’ estimates.

A statement published by the asset manager on 15 January showed Ashmore’s assets under management rose $6.5bn between the end of September and the end of December 2019.

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