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British asset manager Ashmore reports rise in assets under management

July 14 (Reuters) - Emerging markets-focused wealth manager Ashmore ASHM.L on Monday reported an increase in its fourth-quarter assets under management, driven by fund inflows into equities.

Assets under management reached $47.6 billion for the quarter ended June 30, a 3% increase from the previous quarter and in line with a company-compiled consensus.

 (Reporting by Ankita Bora and Yamini Kalia in Bengaluru; Editing by Rashmi Aich and Sherry Jacob-Phillips)

 ((Ankita.Bora@thomsonreuters.com))

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