Ashmore lifts profit as emerging markets rally drives AuM growth
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Ashmore Group PLC ( (GB:ASHM) ) has issued an announcement.
Ashmore Group plc reported a 10% rise in assets under management to US$52.5 billion for the six months to 31 December 2025, driven by US$2.3 billion of net inflows and US$2.6 billion of performance gains as emerging markets outperformed developed markets. Equities and locally managed strategies expanded, with equities AuM up 17% to US$8.8 billion and EM client-sourced assets rising to 39% of the total, highlighting the firm’s efforts to diversify its product base and deepen its presence in on-the-ground markets.
Despite adjusted net revenue falling 16% year-on-year to £67.5 million due to lower average AuM and reduced performance fees, Ashmore delivered a 64% increase in profit before tax to £81.9 million and an 89% jump in diluted EPS to 10.1 pence, supported by higher seed capital returns and tight cost control. The group maintained a strong balance sheet with £480 million of excess financial resources, kept its interim dividend at 4.8 pence per share, and said it is well positioned to benefit from a supportive emerging markets backdrop of higher growth, easier monetary conditions and a weaker US dollar, reinforcing its competitive positioning in active EM asset management.
The most recent analyst rating on (GB:ASHM) stock is a Buy with a £293.00 price target. To see the full list of analyst forecasts on Ashmore Group PLC stock, see the GB:ASHM Stock Forecast page.
Spark’s Take on GB:ASHM Stock
According to Spark, TipRanks’ AI Analyst, GB:ASHM is a Neutral.
The score is driven primarily by strong profitability and a very low-leverage balance sheet, tempered by declining revenue and weaker cash-flow trends. Technicals are strong but look overbought (RSI 81), while valuation is supportive via a moderate P/E and high dividend yield. The latest earnings call was mixed, with strategic progress and cost actions offset by meaningful declines in revenue, EBITDA, and EPS.
To see Spark’s full report on GB:ASHM stock, click here.
More about Ashmore Group PLC
Ashmore Group plc is a specialist emerging markets asset manager, focused on fixed income and equity strategies across developing economies. The London-listed firm manages assets for global institutional and retail clients, with a growing proportion of funds sourced from emerging market-domiciled investors and run via local offices in markets such as Indonesia and Colombia.
Average Trading Volume: 1,784,880
Technical Sentiment Signal: Buy
Current Market Cap: £1.72B
See more data about ASHM stock on TipRanks’ Stock Analysis page.
