Ashmore Outflows Slow as CEO Coombs Touts Upside for EM Assets.

Ashmore Group Plc experienced a slowdown in net outflows to $400 million in the last quarter of 2024, compared to $700 million in the previous quarter, amidst challenges posed by a stronger dollar affecting emerging markets. CEO Mark Coombs highlighted the potential for upside in emerging market asset prices, contingent on the new US administration's policy decisions. Despite facing client redemptions and a decline in total assets under management to $48.8 billion, Ashmore remains a significant player in the emerging markets investment landscape. [Extracted from the article]