Ashmore Group

{{Infobox company

|name = Ashmore Group plc

|logo = Logo Ashmore Group.svg

|image = 61 Aldwych (geograph 5388216).jpg

|image_caption = Headquarters at 61 Aldwych

|type = Public

|traded_as = {{London Stock Exchange|ASHM}}
FTSE 250 Component
OTC Pink: AJMPF

|founded = {{start date and age|1992}}

|location_city = London

|location_country = United Kingdom

|area_served =

|key_people = {{ubl|David Bennett (chairman)|Mark Coombs (CEO)}}

|industry = Asset management

|revenue = {{decrease}} {{£|189.0 million|link=yes}} (2024){{cite web|url=https://ir.ashmoregroup.com/sites/ir/files/2024-09/Ashmore-Group-plc-2024-Annual-Report-web-1.pdf|title=Annual Report 2024|publisher=Ashmore Group|access-date=9 February 2025}}

|operating_income = {{decrease}} {{£|57.2 million}} (2024)

|net_income = {{increase}} {{£|98.2 million}} (2024)

|assets = {{decrease}} {{£|979.7 million}} (2024)

|equity = {{decrease}} {{£|890.8 million}} (2024)

|aum = {{decrease}} {{£|49.3 billion}} (2024)

|num_employees = 305 (2024)

|website = {{URL|http://www.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

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.{{cite news | url = http://www.institutionalinvestor.com/article.aspx?articleID=3064982&single=true | title = U.K's Ashmore Group Aims to Deepen Emerging Markets Presence | publisher = Institutional Investor | access-date = 14 May 2015}} It was the subject of an Initial public offering on the London Stock Exchange in 2006{{cite news|url=https://www.fnlondon.com/articles/dilemma-for-ashmore-over-ipo-20060605|title=Dilemma for Ashmore over £500m IPO|date=5 June 2006|newspaper=Financial News|access-date=27 February 2021}} and it acquired the Virginia-based firm, Emerging Markets Management L.L.C., in 2011.{{cite news|url=https://www.fnlondon.com/articles/ashmore-buys-mr-emerging-markets-in-us-expansion-20110224|title=Ashmore buys 'Mr Emerging Markets' in US expansion|date=13 October 2011|newspaper=Financial News|access-date=27 February 2021}}

Operations

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

References

External links

[http://www.ashmoregroup.com Official site]
[https://www.otcmarkets.com/stock/AJMPF/overview OTC Markets Group page for Ashmore]

Category:Companies based in the City of Westminster

Category:Companies listed on the London Stock Exchange

Category:Investment management companies of the United Kingdom

Category:Companies in the FTSE 250 Index