Ashmore Group plc is a large British

investment manager Investment management (sometimes referred to more generally as financial asset management) is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified inve ...

dedicated to the

emerging markets An emerging market (or an emerging country or an emerging economy) is a market that has some characteristics of a developed market, but does not fully meet its standards. This includes markets that may become developed markets in the future or we ...

. Headquartered in London, it is listed on the

London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...

and is a constituent of the

FTSE 250 Index The Financial Times Stock Exchange 250 Index, also called the FTSE 250 Index, FTSE 250, or, informally, the "Footsie 250" , is a stock market index that consists of the 101st to the 350th mid-cap blue chip companies listed on the London Stock ...

History

The business, which was established by the

Australia and New Zealand Banking Group The Australia and New Zealand Banking Group Limited, commonly known as ANZ Bank, is a multinational corporation, multinational banking and financial services company headquartered in Melbourne, Victoria (state), Victoria, Australia. It is Austr ...

('ANZ') to manage the ANZ Emerging Markets Liquid Investment Portfolio in 1992, was bought out from ANZ by its management team in 1999. It was the subject of an

Initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

on the London Stock Exchange in 2006 and it acquired the

Virginia Virginia, officially the Commonwealth of Virginia, is a U.S. state, state in the Southeastern United States, Southeastern and Mid-Atlantic (United States), Mid-Atlantic regions of the United States between the East Coast of the United States ...

-based firm, Emerging Markets Management L.L.C., in 2011.

Operations

The company, which specialises in emerging market investments, had $55.9 billion under management as at 30 June 2023.

References

External links

Official site

OTC Markets Group page for Ashmore
Companies based in the City of Westminster Companies listed on the London Stock Exchange Investment management companies of the United Kingdom Companies in the FTSE 250 Index Asset management companies {{UK-finance-company-stub