Dedicated to Emerging Markets
Ashmore is a specialist Emerging Markets investment manager with over thirty years' experience in these markets. Today we continue to innovate, offering new strategies that provide an opportunity for investors to participate in Emerging Markets.
About us
Based in London, the business was founded in 1992 as part of the Australia and New Zealand Banking Group.
ESG
Ashmore has long recognised the importance of sustainability and the impact of its investments.
Our capabilities
In 2019, Ashmore Investment Advisors S.A., Sociedad Fiduciairia (AIAC), a subsidiary of Ashmore Group established in Colombia, was created to manage investments in the region. AIAC replicates similar efforts of the Group in countries such as Saudi Arabia, India and Indonesia, in which it has managed to combine local knowledge with the Group's global investment and analysis processes. With this combination, it has been possible to contribute to the development of the region, meeting the needs of local and global investors, as well as channeling its resources to the different Latin American issuers.
Latest Insights
Weekly investor research
Bonds under pressure as Hormuz conflict flares up
Global bond yields remain under pressure as Strait of Hormuz tensions flare. The 10-year JGB tops 3% for the first time since 1996, S&P affirms India's 'BBB' rating and the Bank of Korea hikes to 3.0%.
Weekly investor research
The interventionist maths: higher JPY + lower UST = weaker USD
Bessent flags more long-end UST intervention; Iran's tone turns pragmatic. Ratings skew positive: Pakistan to B3, Kazakhstan to BBB, Poland A- negative. Egypt holds at 19%; South Africa CPI eases to 4.3%; Vietnam and Colombia flag reform needs.
Weekly investor research
Risk assets resilient despite soft data and steeper curves
Weak US CPI, PPI and sales cut Fed hike bets; UST curve steepened; China data soft; Korea deregulated, Vietnam kept BB+; Nigeria's oil and a Saudi-Türkiye-Pakistan pact dominated.
Weekly investor research
Bulls in control and Dollar downside asymmetry
Cleaner positioning and the strongest US earnings season since 2021 have handed the bulls control. The bear case rests on long-end rates, hyperscaler leverage and an energy shock. We weigh both, and why the Dollar is the signal to watch.
Weekly investor research
Korea and Japan coordinated interventions with US Treasury as levered AI positions unwound
The US and Japan conduct their first joint yen intervention in 15 years, with Korea coordinating alongside the US Treasury. Kevin Warsh's Fed holds rates with three dissents for a hike, and levered AI positions unwind as hyperscaler earnings beat.
The Emerging View
The case for emerging market small cap equities
EM small caps are assumed to be the risky cousin of US small caps. The data says otherwise: nearly nine in ten are profitable, on half the forward multiple of the Russell 2000. We make the case for the asset class.