Emerging Markets Investment Overview
Assets under management
.
Gross subscriptions of US$7.8 billion, 8% of
opening AuM (H1 2020/21: US$7.5 billion, 9%)
Broad-based demand across themes
New mandates in external debt, blended debt &
equities
Flows into sovereign IG and Asia-focused
corporate debt strategies, Ashmore Colombia
PE fund
AuM development (US$bn)
(3.9)
(2.2)
(1.0)
•
•
•
Gross redemptions of US$11.0 billion, 12% of
opening AuM (H1 2020/21: US$8.9 billion, 11%)
Allocation decisions in blended debt & local
currency (e.g. fully funded pensions)
-
Underperformance in some external and
blended debt strategies
US$1.7 billion reductions in overlay mandates
Net flows -US$3.2bn
Institutional -US$2.2bn (3% of AuM)
Intermediary retail -US$1.0bn (14% AuM)
Investment performance impact of -US$3.9 billion
94.4
AuM at 30 Jun 2021
Performance
Ashmore
87.3
Institutional net flow Intermediary retail AuM at 31 Dec 2021
net flow
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