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The Latest Breaking News from Ashmore

Convatec stars as FTSE 100 closes with little change

It marked the second day in a row the index has closed much as it started, despite headwinds over US tariffs and fears over AI disruption.

Evening Standard

Stocks in green as US manufacturing surprises

Homewares retailed Dunelm expects financial 2026 pre-tax profit to land at the lower end of the analyst consensus range of £214m to £227m.

Evening Standard

FTSE 100 thrives but tariff threat hurts Europe

US President Donald Trump on Saturday said major trading partners Mexico and the EU would face a 30% tariff starting next month.

Evening Standard

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European shares rebound as markets ‘regain poise’ after volatility

London’s FTSE 100 rose 170.16 points or 2.14%, to close at 8,134.34, recovering some of the losses made over recent days.

Evening Standard

FTSE 100 Live 12 July: Index up and pound at one-year high versus dollar, Ashmore shares fall

Sterling’s strength versus the dollar is in focus today as traders bet on US rate cuts by September.

Evening Standard

A rising tide fails to float City fund boats

City Comment: Index trackers are often just better than the fund experts

Evening Standard

Investors pull billions out of Ashmore as funds struggle

LONDON based fund group Ashmore saw investors pull money out as poor stock picks led to a “negative investment performance” of nearly $17 billion this year.

Evening Standard

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More Trouble Looms For Evergrande As Angry Debtors Prepare To Take Legal Action: FT

A group of distressed debt investors in the U.S. and U.K. are prepared to take action against Evergrande Group (OTC:EVGPY), the Financial Times reports. The investors included Saba Capital, Redwood Capital Management, and Ashmore. The action came after the indebted property developer admitted that undisclosed lenders took $2.1 billion in cash from its…

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