Emerging markets asset manager said the move will allow it to establish new relationships with investors in the Middle East
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Listed fund houses are leaking billions as investors remain cautious over geopolitics and monetary policy
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From inflation to geopolitical tension, major fund houses are finding reasons to short their peers
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Assets under management as at 30 September totalled $91.3bn
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Mark Coombs, Ashmore's chief executive, said he was optimistic about future prospects for emerging markets, despite the ongoing Covid pandemic
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Near-simultaneous losses from large investments in the countries hit the emerging-markets bond mutual fund
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