
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 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

Weekly investor research
Noisy developed market politics does not mean long-end bonds won’t perform
US shutdown started with muted markets. Weak ISM shows a K-shaped US economy. Takaichi becomes Japan PM; France’s PM resigns. China holiday retail soft. Protests rise in Morocco; govt shifts course. ANC hit by new scandal; Babis wins in Czech.

Video
WEBINAR: Fed cuts catalysing further EM debt and equity outperformance
An insightful discussion on how the Fed’s cutting cycle and a shifting dollar could catalyse the next leg of EM performance across debt and equities.

Market Commentary
EM assets during easing cycles
After nine months of unchanged policy rates, the US Federal Reserve (Fed) cut by 25bps this September. Most market participants expect multiple rate reductions over the coming months. To put the Fed’s decision into context, we looked back at the impact...

Weekly investor research
Lo que sea necesario: Bessent’s ‘whatever it takes’ moment for Argentina
Germany speeds fiscal spend; US shutdown risk as Fed stays data-dependent; gold at record; Morocco to IG; Thailand outlook negative; US-Argentina $20bn swap; Saudi to allow majority foreign ownership; Nigeria cuts 50bps to 27%.

Weekly investor research
A new easing cycle bodes well for EM assets
Fed cut rates 25bps, more easing likely; Trump and Xi may meet in Oct; UK, Canada & Australia recognised Palestine; Sri Lanka credit upgraded; Argentina intervened to support peso; Brazil held Selic; Nigeria inflation fell to 20.1%.

Weekly investor research
Trade of 2025? EM > AI
EM stocks +4% (Asia-led); EM returns nearly double the S&P YTD. US data backs EM outperformance & weaker USD. US to urge G7 100% tariffs on China/India over Russian oil. Korea KRW 284tn relief; Mexico adds China tariffs; Moody’s affirms Romania Baa3, neg.