Emerging Markets Strategic Initiatives slide image

Emerging Markets Strategic Initiatives

Focus on strategic initiatives 2. Intermediary retail • Capital sourced through intermediaries provides diversification • Typically more cyclical than institutional assets, but higher net revenue margin • Dedicated distribution teams in US and Europe • Comprehensive product range available on scalable mutual fund platforms - SICAV: 29 funds, USD 9.4bn AuM 40-Act: 12 funds, USD 2.0bn AuM Diversified AuM Europe (ex UK), 24% UK, 21% Asia, 10% Ashmore Americas, 45% Intermediary retail AuM: cyclical behaviour 14 12 10 Established network of intermediary relationships US Europe Asia • Wirehouses • Private banks Private banks Platforms Sub-advisers 8642 • Private banks • RIAS • Trusts Wealth managers Fund of funds Wealth managers 0 2016 2017 2018 2019 2020 2021 • Sub-advisers AuM USD bn % Group AuM Data as at 30 June 2021 16 14 12 10 8 62006 + NO 4 2 15
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