Ashmore Group plc logo Ashmore Group plc (LON:ASHM)'s stock had its �neutral� rating reissued by analysts at Espirito Santo Investment Bank Research in a research report issued to clients and investors on Thursday.
Ashmore Tumbles in London as Profit Hit by Stronger Pound. Ashmore Group Plc (ASHM) tumbled in London trading after the emerging-market asset manager reported a 34 percent drop in profit due to a stronger pound and lower performance fees.
LONDON (Reuters) - Fund manager Ashmore Group Plc (ASHM.L) has posted a sharp drop in profit for the past year after being hit by turbulence in the emerging markets in which it specialises, sending its shares to a six-month low.
LONDON (Alliance News) - Ashmore Group PLC Thursday reported a 34% drop in full-year pretax profit, as it came under pressure due to emerging-market volatility, lower performance fees and the strength of the pound.