Ashmore Group reported a solid performance in H1 '26, characterized by strong investment returns and growth in assets under management, despite a decline in revenues due to lower performance fees.
- Assets under management increased by 10% to approximately $52 billion, driven by net inflows of $2 billion.
- Profit before tax soared 64% year-on-year to GBP 82 million, with diluted earnings per share up 90% to 10p.
- The local offices, especially in emerging markets like Colombia and Indonesia, contributed significantly to AUM growth and overall diversification.
- Despite a 16% decline in adjusted net revenue, cost management efforts kept total operating costs stable, highlighting operational efficiency.
- The company maintained its interim dividend at 4.8p per share, signaling confidence in its financial stability.
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