Ashmore reports profits of £131.4m

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EMERGING market investment managers Ashmore Group made a pre-tax profit of £131.4m last year, up 26pc from 2006.

Company results for the year ending June 30, 2007 show Ashmore has US$31.6bn (£15.8bn) assets under management. Net management fees of £126.4m were up 61pc on the previous year. Ashmore Group c...

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