Ashmore reports a 9% growth in assets under management

Ashmore Group plc (LON: ASHM) said on Friday that its assets under management (AUM) saw a 9% annualised growth in the fourth quarter of 2020. The company valued its total AUM at £68.06 billion at the end of the year.

Ashmore Group was reported more than 2% up in premarket trading on Friday, but it lost almost

"While COVID-19 will continue to affect individual countries differently, the deployment of vaccines supports the view that 2021 will see improved growth and importantly the growth in emerging countries is forecast to be higher than in the developed world."