Ashmore Group's total assets under management dropped to $50.7 bn as of 31 Mar, a 3% decline from $52.5 bn end‑December.
The decline was evenly split between $0.9 bn net outflows and $0.9 bn negative investment performance, driven by Middle East conflict volatility.
Institutional redemptions from the blended debt strategy pushed debt segments into net outflow, while subscription activity in local‑currency equities remained reasonably stable.
CEO Mark Coombs said market reaction is manageable but investors are adopting a cautious “wait and see” stance amid geopolitical uncertainty.