Asset management editor

Emerging markets manager Ashmore Group saw its share price plummet 13.2% this morning after declaring $3.5 billion in net outflows in the final quarter of 2013.

The company's share price fell from 408p to 354p as of 09.48 as investors responded to a decline in assets under management in all investment themes except for corporate debt.

The emerging markets manager reports $3.5 billion in net outflows for the final quarter of 2013

Joe McGrath

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Ashmore shares plunge on AUM drop

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