We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Ashmore Group Plc | ASHM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 2.90 | 1.48% | 199.20 | 16:35:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 196.30 | 196.30 | 199.50 | 199.20 | 196.30 |
| Industry Sector |
|---|
| GENERAL FINANCIAL |
| Top Posts |
|---|
Posted at 15/4/2024 21:56 by cerrito City reaction as per FTDavid McCann, an analyst at Numis, said he had a “negative stance” towards Ashmore based on “the weak medium to long-term investment performance”, which he said could “weigh on flows for the foreseeable future” Analysts at Citi said these underlying trends would “remain weak,” noting that “investor bearishness” would continue. “We remain cautious on flow outlook over the near term and would wait for sustained improvement in relative performance before becoming more constructive,” they added. Rae Maile, analyst at Panmure Gordon, said the reduction in interest rates should “bring about the long-awaited turn in the company’s flows”. He added that investment performance “remains good across a broad range of the company’s strategies”. |
Posted at 08/2/2024 16:06 by woozle1 Seems like investors waking up. I looked at LIO but was not convinced it has a defensible market position like Ashmore. It wants to charge active fees in a crowded market and quite frankly so many UK active managers don't deviate that far from their benchmark indicis. I know there are ETFs and low-cost options in EM but there are not that many specialists with the scale and reach of ASHM.That said, it looks like a player that will roll up other FMs and assuming they pay decent prices the share price will do well. |
Posted at 07/2/2024 15:03 by woozle1 Coombs is an outstanding contrarian investor and I hope he's around for some time. You can not understate the value of experience in an asset class like EM. He'll not be easily spooked by volatile markets and he can see over the top of the waves to the horizon. Once US interest rates start to fall, investors will start looking around for riskier assets and the shares are an easy double on a 2-3 year basis. In the meantime, there is a juicy 8% DY. Happy days! |
Posted at 07/2/2024 14:42 by 1jat One third of the market cap is cash.This is very much a geared play on EM coming back into favour with institutional investors….cur Although Buffett has gone on through his 80s, Mr Coombes may not and he may be well advised to sell up soon….and start working on his legacy foundation. |
Posted at 15/1/2024 12:23 by ih_841715 So AuM up driven by performance. Unless investor psychology has changed, they tend to move after performance and not before, which means inflows should follow, which means rerating, hopefully |
Posted at 20/6/2023 16:46 by brucie5 Another overlooked dividend share?I noticed this coverage by a rather thoughtful poster called 'Boon' on Stocko this month - since when the share price has come still further down. BUY - Ashmore (LON:ASHM) – As the saying goes, fund managers make money in good and bad times. The last few years has been challenging for emerging market specialists such as Ashmore, which means we’re somewhat at the bottom of the cycle for EM fund managers. Yet, I can still get a 7% dividend yield (granted, not fully covered by earnings), a very strong cash positive balance sheet, and a very strong brand in the market. It is also still very much owner-owned and owner-operated, which is a business I love as it lets me sleep soundly at night. Especially for financial services firms, where too often the professional managers are in it just for their short-term bonuses. I do not know whether EM will be back in fashion with investors anytime soon. But for me, things can’t worse than they are. And if/when a recovery comes, EPS potential growth is 60%-100%, which should translate nicely to share price growth too. In the meantime, I’ll get to collect 7%+ dividends, which seem secure given the track record. -------------------- It also appears to be a house favourite at the IC, where Mark Robinso wrote this back in 2022: Ashmore is one of our long-term buys and based on the strength of its balance sheet, an implied dividend yield in advance of 8 per cent and an enterprise/cash profit multiple of 3.7 (against a five-year average of 10.9), we think the current rating is compelling, even given the bumpy road ahead. FWIW, I hold. |
Posted at 14/10/2022 12:41 by kalai1 Ashmore Group plc, the specialist Emerging Markets asset manager, issued a trading update this morning. Assets Under management in the quarter ended 30 September 2022 declined by US$8.0 billion to $56 billion over the period, comprising net outflows of US$5.0 billion and negative investment performance of US$3.0 billion. The net outflows were predominantly a result of institutional investors reducing exposure in the external debt, local currency and blended debt themes, and local currency flows also include net redemptions of US$0.8 billion from overlay funds. Share price has been falling for 20 months now and is at 6 year lows, valuation is back to average. But with much of the global economy set to experience recession in 2022/23 there is little reason to expect the de-risking to stop just yet. ASHM is a solid specialist asset manager and is worth monitoring, but there is no reason to buy anytime soon.......from WealthOracle hxxps://wealthoracle |
Posted at 14/4/2022 14:03 by km18 Ashmore Group plc the specialist Emerging Markets asset manager published a Q3 AUM update this morning. Assets under management declined by US$9.0 billion over the period Q1 2022, including net outflows of US$3.7 billion and negative investment performance of US$5.0 billion. In particular the Group experienced net outflows in its fixed income and equity investment themes, mostly accounted for by institutional mandates.Obviously riskier asset classes such as EM investments take a disproportionate hit in times of market turbulence and stress. As CEO Mark Coombs observed with respect to the war in Ukraine, “The shock is likely to weigh on investor sentiment in the short term.” AUM growth or otherwise is the key performance metric for fund managers, it is the base from which revenues derive. While valuation looks reasonably attractive following a year of share price falls, there is no rush to buy while AUM are contracting. The business is high quality and attractively valued, but it is a share to monitor for now.... ...from WealthOracleAM |
Posted at 22/5/2019 09:51 by quepassa An update of recent brokers' notes:-15/5 Bk America REITERATE BUY with TARGET PRICE 505p 10/5 JPM Caz RETAINS NEUTRAL with TARGET PRICE 465p 18/4 Berenberg RETAINS HOLD with INCREASED TARGET PRICE of 506p Looking good for 500p+ Ashmore - TAKE NOTE of INVESCO and other fund managers like JPM fast tapping into deregulating Chinese retail investor market!! ALL IMO. DYOR. QP |
Posted at 08/4/2019 07:02 by quepassa New FIVE-YEAR HIGH for ASHMORE.New ALL-TIME HIGH for Ashmore since 2006 IPO. New ATH. New 5YH. Set to go significantly further as EM momentum gathers speed and investor sentiment turns very positive seeing big new inflows. All Imo. Dyor. QP. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
