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
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
14th Jul 2010 08:17
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0717 GMT [Dow Jones] Oriel Financials upgrades Ashmore Group's (ASHM.LN) EPS estimates for fiscal year ending 2010 to 19p
Read moreAshmore grows assets again
14th Jul 2010 08:06
Emerging markets asset manager Ashmore Group grew assets under management by $2.3bn, or 7%, to $35.3bn in the fourth quarter from the previous three months. Main drivers this time round were net inflows of $2.9bn into the external debt (+5%), local currency (+15%) and special situations (+13%) them
Read moreAshmore Assets Up 7% As Investors Move To Emerging Markets
14th Jul 2010 07:49
By Margot Patrick and Kaveri Niththyananthan Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Emerging markets specialist Ashmore Group PLC (ASHM.LN) Wednesday said the amount of money it manages rose 7% in the last three months of its fiscal year, driven by $2.9 billion of net inflows into its e
Read moreMARKET TALK: Ashmore Assets Under Management Ahead
14th Jul 2010 07:45
0645 GMT [Dow Jones] Ashmore Group's (ASHM.LN) 4Q interim management statement shows assets under management ahead of expectations says KBC Peel Hunt. Says this is driven by inflows of $2.9Bln, well ahead of the $0.7Bln the brokerage was expecting. Says the performance fees for the year are estimate
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
14th Jul 2010 07:45
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0645 GMT [Dow Jones] Ashmore Group's (ASHM.LN) 4Q interim management statement shows assets under management ahead of expecta
Read moreAshmore Group 4Q Assets Under Management Up $2.3B At $35.3B
14th Jul 2010 07:06
LONDON (Dow Jones)--Ashmore Group PLC (ASHM.LN), a specialist emerging markets asset manager, said Wednesday the final quarter of the financial year ended June 30 saw assets under management increase by $2.3 billion to $35.3 billion. MAIN FACTS: -The drivers of this were net inflows of $2.9
Read morePanama Seeks Construction Of $800M Gas, Electricity Project
24th Jun 2010 20:25
CARTAGENA, Colombia (Dow Jones)--The Panamanian government seeks the construction of a plant to process natural gas and a gas-fired power generator, which would need $800 million investment, Energy Minister Juan Manuel Urriola said Thursday. The government wants a private company to build a rega
Read moreSan Miguel Executes Deal To Buy 40% Stake In SEA Refinery
21st Jun 2010 03:12
MANILA (Dow Jones)--San Miguel Corp. (SMCB.PH), the Philippine food and beverage conglomerate diversifying into heavy industries, said Monday it finalized a deal to buy a 40% stake in SEA Refinery Corp. The PHP16 million ($350,530) deal is part of San Miguel's plan to acquire a majority stake in
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
18th Jun 2010 10:51
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0951 GMT [Dow Jones] KBC Peel Hunt initiates coverage of Ashmore Group (ASHM.LN) and BlueBay Asset Management (BBAY.LN), b
Read moreMARKET TALK: KBC Starts Ashmore, BlueBay Asset Mgmt At Buy
18th Jun 2010 10:51
0951 GMT [Dow Jones] KBC Peel Hunt initiates coverage of Ashmore Group (ASHM.LN) and BlueBay Asset Management (BBAY.LN), both at buy, with 305p and 440p price targets, respectively. Says looking beyond short-term volatility, the fundamentals for continued allocations to emerging market and European
Read moreLondon close: Footsie moves past 5,800
14th Apr 2010 16:35
Positive sentiment as the US first quarter earnings season gets under way helped inject a bit of life into Footsie following recent sluggishness, sending it past the 5,800 point mark, though it settled slightly lower. Forecast-topping results from computer chip maker Intel yesterday were interprete
Read moreLondon afternoon: Upward trend continues
14th Apr 2010 14:26
London consolidated gains over the lunch-time session on another quiet day for corporate news. Forecast-topping results from computer chip maker Intel yesterday have been interpreted as a clear sign that the recovery in the global economy is not running out of steam, and that has led to a rise in b
Read moreLondon midday: BT heads field after broker tip
14th Apr 2010 12:02
Having been largely responsible for the Footsie's fall yesterday miners are driving the blue-chip index higher today, enabling the index to move close to the 5800 level despite the presence of the usual Wednesday batch of ex-dividend stocks. Forecasting topping results from computer chip maker Inte
Read moreAshmore quarterly AUM up 4%
14th Apr 2010 07:58
Emerging markets asset manager Ashmore said the third quarter saw assets under management increase 4% to $33bn. The drivers of this were net inflows of $0.8bn principally into the external debt and local currency themes, and positive performance of $0.6bn, the group said. The performance was in li
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