UPDATE 1-Ashmore AUM plunges due to coronavirus selloff in markets
Emerging markets-focused money
manager Ashmore on Thursday posted a 22% plunge in
assets under management, slammed by an $18 billion loss on its
investments, as a coronavirus-led selloff in financial markets
bashed global stocks last month.
manager Ashmore on Thursday posted a 22% plunge in
assets under management, slammed by an $18 billion loss on its
investments, as a coronavirus-led selloff in financial markets
bashed global stocks last month.
Posted by Reuters
