Ashmore posts one-third rise in assets under management

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ASSETS under management at emerging markets specialist Ashmore Group rose 33pc during the final six months of 2006, latest company figures reveal.

US dollar-denominated AUM rose 20pc from $15.2bn (£7.8bn) at June 30, 2006 to $18.3bn at December 31. Local currency assets rose from $3bn (£1.5bn) to $3.8bn (£1.9bn), a rise of 27pc, while spe...

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