Emerging Markets Investment Overview
Ashmore 'at a glance'
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A specialist Emerging Markets manager with USD 87.3 bn AuM (31
Dec 2021) diversified across asset classes
Active investment management delivered by committee-based
Ashmore
AuM: diversified by investment theme & client type
Equities
9%
Alternatives
2%
External debt
21%
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investment processes with nearly 30 years' experience
Three-phase strategy to capitalise on structural growth and
convergence trends across Emerging Markets
Remuneration philosophy aligns interests, provides cost flexibility
and delivers employee loyalty (~40% equity owned by employees)
313 employees in 11 countries, with global operating hubs
complemented by asset management operations in emerging
countries
Blended debt
24%
Corporate
debt
11%
Local
currency
33%
6%
Intermediary Foundations/
retail endowments
1%
Funds / sub-
advisers
Central banks
13%
6%
.
High operating margin (67%) supported by scalable operating
platform
Well-capitalised, liquid balance sheet with >£800m financial
resources including c.£450m cash
Corporates /
financial
institutions
22%
Pension plans
26%
Sovereign
wealth funds
21%
Governments
5%
AuM data as at 31 December 2021; local currency includes USD 11.0bn overlay/liquidity AuM
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