By Benjamin Chiou
Date: Monday 07 Sep 2026
(Sharecast News) - Emerging markets asset manager Ashmore Group reported a double-digit increase in assets under management and profit for the year ended 30 June, helped by net inflows, strong investment performance and gains from its seed capital programme.
Assets under management rose 13% to $54.0bn, driven by $2.7bn of net inflows and $3.7bn of positive investment performance, which the company put down to "continued emerging markets' outperformance".
Gross subscriptions surged 92% to $12.5bn, while gross redemptions fell 20% to $9.8bn.
Pre-tax profit increased 17% to £126.9m, while diluted earnings per share rose 28% to 15.0p. Ashmore said the increase in profit was driven by strong returns from its seed capital programme, which generated gains of £82.5m and more than offset a reduction in the operating margin.
The company maintained its final dividend at 12.1p per share, taking the full-year payout to 16.9p.
Looking ahead, chief executive Mark Coombs said the company's "broad-based delivery of alpha, across the range of fixed income and equity strategies, and the positive outlook for emerging markets positions the group well to attract further client allocations as sentiment towards emerging markets becomes increasingly positive".
Ashmore said emerging markets remained well placed to outperform developed markets, citing stronger economic growth, a potential reversal of US dollar strength and the prospect of investors rebalancing portfolios away from heavy US exposure.
The stock was down 1.0% at 216.2p by 1054 BST.
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