UK asset manager Ashmore reports 32% drop in annual outflows
05/09/2025 07:21
Sept 5 (Reuters) - Emerging markets-focused asset manager Ashmore ASHM.L reported a 32% reduction in full-year outflows on Friday, helped by recent investment gains, as investors rebalance their portfolios away from the U.S. on global market volatility. The British company reported net outflows of $5.8 billion in the year ended June 30, compared with $8.5 billion a year ago. (Reporting by Ankita Bora in Bengaluru; Editing by Sherry Jacob-Phillips) ((Ankita.Bora@thomsonreuters.com;))