By Frank Prenesti
Date: Wednesday 06 Sep 2023
LONDON (ShareCast) - (Sharecast News) - Ashmore reported a fall in annual profits as assets under management (AuM) declined 13% as customers withdrew their cash amid volatile markets.
Pre-tax profit was down 6% to £111.8m, but offset by higher interest earnings as central banks hiked rates to combat inflation while AuM came in a at $60bn, with the movement attributable to net outflows of $11.5bn.
Reporting by Frank Prenesti for Sharecast.com
Email this article to a friend
or share it with one of these popular networks:
Currency | UK Pounds |
Share Price | 168.00p |
Change Today | 2.00p |
% Change | 1.20 % |
52 Week High | 232.40 |
52 Week Low | 164.10 |
Volume | 1,165,683 |
Shares Issued | 712.74m |
Market Cap | £1,197.40m |
Beta | 1.14 |
RiskGrade | 146 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 2 |
Buy | 1 |
Neutral | 4 |
Sell | 3 |
Strong Sell | 1 |
Total | 11 |
Latest | Previous | |
---|---|---|
Final | Interim | |
Ex-Div | 07-Nov-24 | 29-Feb-24 |
Paid | 06-Dec-24 | 02-Apr-24 |
Amount | 12.10p | 4.80p |
Time | Volume / Share Price |
16:29 | 62 @ 167.50p |
16:29 | 38 @ 167.50p |
16:29 | 139 @ 167.60p |
16:29 | 384 @ 167.60p |
16:29 | 543 @ 167.60p |
You are here: research