MARKET TALK: Oriel Financials Ups Ashmore EPS Estimates

14th Jul 2010 08:17

0717 GMT [Dow Jones] Oriel Financials upgrades Ashmore Group's (ASHM.LN) EPS estimates for fiscal year ending 2010 to 19p from 17.2p after company reported 7% increase in assets under management to $35.3 billion and an increase in performance fees to GBP82.9 million, which was above its own estimate of GBP55 million for the fiscal year. Has a buy recommendation and 320p target. Shares +1.4% at 267p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires July 14, 2010 03:17 ET (07:17 GMT)