
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.

2025 Emerging Markets Outlook

2025 outlook for emerging market equities
Through 2024, the macroeconomic backdrop for emerging markets has been on an improving trajectory, underpinned by robust economic growth, disinflationary pressure and monetary policy easing.

Our capabilities
Ashmore is a specialist Emerging Markets investment manager with over thirty years’ experience in these markets. Ashmore focuses on a number of investment themes which include External Debt, Local Currency, Corporate Debt, Equities and Alternatives. This section is for information only and some of these investment themes may not be available through mutual funds in your country.
Latest Insights

The Emerging View
The case for frontier debt
It’s a catchy axiom that “frontier markets are what emerging markets used to be,” and there’s some truth to it. As emerging markets (EMs) grow and become more interconnected with the global economy, they are increasingly more efficient and correlated...

Weekly investor research
Brazil’s inflation in decline
US data steady; focus shifts to jobs. Appeals court nixes “reciprocal tariffs” (SCOTUS pending). Ukraine ramps refinery strikes. Indonesia protests. Thailand PM dismissed. Brazil Aug deflation; Türkiye Q2 +4.8% growth; Egypt cuts rates 200bps.

Weekly investor research
More US policy drama, more EM outperformance
EM outperformance in Aug; US reflation vs EU deflation. Trump to fire Fed Gov Lisa Cook. FR PM Bayrou faces 8 Sep no-confidence. G7 little result. Bond funds +$97bn/4w. Argentina assets fall on scandal. Moody’s reviews PEMEX for upgrade after $12bn plan.

Weekly investor research
Chinese economic data weakens, but stocks rally
US CPI shows muted tariff pass-through; goods inflation up to 1.3% YoY. China data missed but stocks rallied. Trump met Putin. IEA sees 2026 oil glut. S&P lifts India to BBB; Moody’s upgrades Pakistan. Brazil CPI 5.2% YoY; easing in sight.

Weekly investor research
Taiwan's export growth hit a 15-year high in July, led by US chip demand
Trump/Lutnick: 90-day China extension; $50bn/mo tariffs aiding fiscal cons.; Trump-Putin meet in Alaska re Ukraine; Indonesia tariffs; Korea MFN carveout; Taiwan Jul exp +42%/+63% US; IMF cuts Arg. FX target; Bukele defends term reforms; Qatar Q2 RE +30%.

Weekly investor research
Negative non-farm payroll revisions rattle risk, halt USD recovery
Trump hints at Fed/BLS meddling, echoing Turkey/Argentina missteps; after the 2 Aug tariff deadline, the US widens product exemptions and grants Mexico a 90-day hike delay; OPEC+ will add 547k bpd in September.