Ashmore shares recover from early slump as investors digest mixed full-year results

Finance Investments And Investor Services Written by: Ephrem Joseph 08:43 Mon 07 Sep 2026 --> Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Ephrem Joseph Ephrem began his journalistic journey at Proactive in June 2021. With a strong academic background in Information Technology, his expertise particularly lies in the field of Cyber Security, Management Information Systems and Computer Forensics. Before joining Proactive, Ephrem worked as a researcher and lecturer at a number of leading universities, including the University of Portsmouth's Institute of Criminal Justice Studies, the University of Winchester’s Institute of Policing, and Jain... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Ashmore Group ( LSE:ASHM ) View Price & Profile Ashmore shares recover from early slump as investors digest mixed full-year results Published: 08:43 07 Sep 2026 BST Ashmore Group (LSE:ASHM) PLC shares recovered sharply from an early sell-off on Monday as investors weighed stronger headline profits against a weaker-than-expected underlying performance. The emerging markets asset manager initially fell to around 199p, from Friday’s 218.4p close, before rebounding to 215.8p by 8.40 am, leaving the shares down just 1.2%. Ashmore reported a 17% increase in pre-tax profit to £126.9 million and a 28% rise in diluted earnings per share to 15.0p, helped by £82.5 million of gains from its seed capital programme. Assets under management increased 13% to US$54.0 billion, supported by US$2.7 billion of net inflows and US$3.7 billion of positive investment performance. However, Cavendish said the underlying result was softer than market expectations. The broker noted adjusted EBITDA of £35.7 million was around 32% below consensus, while adjusted revenue of £135.6 million was also below expectations. Performance fees of £1.4 million were a particular disappointment. Ashmore said adjusted net revenue fell 7% year on year, largely reflecting lower performance fees, while adjusted EBITDA declined from £52.5 million to £35.7 million. Cavendish nevertheless described the outlook as positive, pointing to improving sentiment towards emerging markets and the potential for further client allocations. Ashmore echoed that view, saying its investment outperformance and improving appetite for emerging markets leave it well positioned to capture additional flows. Despite the improving backdrop, Cavendish retained its Sell recommendation, arguing that the recent re-rating already reflects much of the expected improvement in emerging-market fund flows. Continue reading