UK Summary: FTSE Maintains Small Gains Post PPI - Wall Street Journal
Fri, 08 Jul 2011 09:22Thinks Ashmore's June-end assets under management should benefit from good fund flows and positive market performance. Says Ashmore's share price has performed strongly so far this year but thinks this is justified as it has a strong brand name in ...
Investors back Ashmore's currency strategy - ShareCast
Thu, 14 Jul 2011 11:50Net inflows, that is money coming into the company minus money being taken out, were $4.6bn. Performance fees for the year overall are estimated to be £85 million. The trading statement was greeted warmly by investors, with the share price rising 2.57% ...
Friday tips round-up: Pendragon, Centaur, ABF - ShareCast
Fri, 15 Jul 2011 05:52Fourth-quarter figures from Ashmore Group are deceptive because, of the $15.5bn (£9.6bn) increase in funds under management, almost $10bn came from the June purchase of EMM, the emerging markets equities specialist. This was founded by Antoine van ...
Man Group and Schroders handed vote of confidence - Financial News
Fri, 08 Jul 2011 11:55Man Group and Schroders, which were the two worst performing UK asset managers in terms of share price during the first six months of this year, are likely to rebound during the rest of 2011, according to analysts this week. Man Group's share price ...
Alpha fund that lives up to its name - Fundweb
Sun, 17 Jul 2011 23:18In the 12 months to April 30, 2009, it outperformed the FTSE All-Share, despite a drop in oil prices. The trust still holds the bulk of its positions outside oil and gas. The only two financial years in which the trust's share price underperformed the ...